Tag Archives: Spend
UK to Spend £22 Billion on Carbon Capture Sites as Costs Rise
Technology tamfitronics The UK recommitted to a major investment in carbon-saving technology even as rising costs mean it will only be possible to capture a fraction of the emissions released from industrial sites compared to previous estimates.Author of the article:Bloomberg NewsWilliam Mathis and Eamon Akil FarhatPublished Oct 03, 2024 • 3 minute readEmissions from chimneys at the British Steel Ltd. plant in Scunthorpe, UK, on Monday, March, 27, 2023. British Steel has proposed closing its coke ovens in a bid to overcome global economic challenges and build a green and sustainable future, according to an emailed statement. Photographer: Dominic Lipinski/Bloomberg Photo by Dominic Lipinski /Bloomberg(Bloomberg) — The UK recommitted to a major investment in carbon-saving technology even as rising costs mean it will only be possible to capture a fraction of the emissions released from...
