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Evening Standard
Evening Standard
Business
Emily Beament

Government warned over ‘high risk’ multibillion-pound backing for carbon capture

A carbon capture and storage plant in Norway (Leon Neal/PA) - (PA Wire)

The Government’s £22 billion backing of “unproven” technology to capture and store carbon emissions is high risk, MPs have warned.

The Parliamentary Public Accounts Committee (PAC) has called on the Government to assess whether its support for carbon capture utilisation and storage in the UK will be affordable for taxpayers and consumers, who face high energy bills and the cost-of-living crisis.

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