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Campaigners urge chancellor to scrap spending on ‘fairytale’ carbon capture

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Campaigners urge the chancellor to scrap £24bn for carbon capture, arguing the funds should instead support reliable green schemes that cut emissions and lower energy bills.

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Chris Packham among voices calling on Treasury to scale back £24bn for ‘national embarrassment’ projects in budgetCampaigners are calling on the chancellor to cut the government’s £24bn spending plans for “fairytale” carbon capture technologies in favour of funding green schemes that can reliably cut emissions and lower energy bills.Environmentalist Chris Packham is leading an 11th-hour appeal for the Treasury to use this week’s budget to scale back the government’s “exorbitantly expensive” support for carbon capture, which is now more than the planned spending for the US, the EU, Norway and Japan combined. Continue reading...

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