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BackUK's Carbon Capture and Storage Programme: A £264bn White Elephant?
UK's Carbon Capture and Storage Programme: A £264bn White Elephant?
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Guardian Business9h agoBusinessUnited Kingdom

UK's Carbon Capture and Storage Programme: A £264bn White Elephant?

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  • The UK's Carbon Capture and Storage (CCS) program, projected to cost £264bn by 2050, is criticized as a 'white elephant' that will increase emissions and costs.
  • Experts argue it's driven by fossil fuel industry lobbying, not climate necessity, with alternatives like renewables and battery storage being more viable and cost-effective.

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The UK's Carbon Capture and Storage (CCS) program, projected to cost £264bn by 2050, is criticized as a 'white elephant' that will increase emissions and costs. Experts argue it's driven by fossil fuel industry lobbying, not climate necessity, with alternatives like renewables and battery storage being more viable and cost-effective.

Read the full article on Guardian Business

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This article was originally published by Guardian Business.

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