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Insider UK
Insider UK
National
Peter A Walker

Scottish Government pledges £5 million for carbon capture and utilisation fund

Energy Secretary Michael Matheson has said the launch of a new fund could help put Scotland at the forefront of the new “opportunities that will result from a future with carbon capture”.

While ministers in Holyrood have attacked the UK Government over its failure to invest in carbon capture projects in Scotland, £5m of public cash will be invested in the CO2 Utilisation Challenge Fund.

Match funding from industry means that some £10m could go into the project over its two-year lifetime.

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