£22bn investment needs to kickstart CCS industry in UK

KPMG UK comments as the Government confirms £22 billion in funding to launch the UK's first carbon capture sites.

Rachel Reeves is paving the way for a multibillion-pound increase in public-sector investment at the budget after the government announced ...

The government said the move would give industry confidence to invest in the UK, attracting £8bn of private investment, directly creating ...

The UK government has announced £21.7bn in funding over 25 years to make the country's first carbon capture and storage projects a reality.

Rachel Reeves, the UK Chancellor, has announced plans to commit almost £22bn to fund carbon capture and storage (CCS) projects.

The UK government has unveiled a £21.7bn funding package that will support the development of two carbon capture clusters in the north of England.

Further details have emerged over the UK government's pledge to spend almost £22bn on carbon capture and storage (CCS) in the next 25 years.

Offshore Energies UK (OEUK) says today's confirmation of £22bn of funding over 25 years can help kickstart the UK's Carbon Capture, ...

UK Prime Minister Sir Keir Starmer said this injection of funding is “reigniting our industrial heartlands by investing in the industry of the ...

The UK Government has committed to funding the country's first carbon capture sites and CCUS-enabled hydrogen projects.

The UK government on Friday announced investment of nearly £22 billion ($28.8 billion) in projects to capture and store carbon emissions ...

The UK government's move to award £22bn in subsidies to carbon capture projects followed a sharp increase in lobbying by the fossil fuel industry.

This initiative aims to stimulate private investment and generate jobs in these industry-heavy areas. Prime Minister Sir Keir Starmer today has ...

The investment, spread over 25 years, will fund carbon capture, usage and storage (CCUS) deployment at the East Coast Cluster in Teesside ( ...

Major funding for 2 carbon capture sites will inject growth into the industrial heartlands of the North West and North East of England – ...

It says it has reached commercial agreement with industry to invest £21.7bn over 25 years in carbon capture clusters planned for Teesside ...

Rachel Reeves, the UK Chancellor, has announced plans to commit almost £22bn ($28.97bn) to fund carbon capture and storage (CCS) projects in ...

The UK has the potential to take a lead in CCS building an industry that utilises our engineering expertise. This investment is a step in ...

The £22bn funding for carbon capture and storage has been welcomed as a lifeline for some industry jobs ... investment that we need." Will ...

Last week, the UK Government pledged £22 billion towards the development of the carbon capture, usage and storage (CCUS) industry in the UK.