EMEA > UK confirms support for two more CCS plants, to grant more than 100 oil and gas licences

UK confirms support for two more CCS plants, to grant more than 100 oil and gas licences

Published 15:02 on July 31, 2023  /  Last updated at 20:10 on July 31, 2023  / /  EMEA, UK ETS

The UK government will provide financial backing to the nation’s third and fourth CCS projects, Prime Minister Rishi Sunak said on Monday while announcing plans for more than 100 oil and gas licences that he insisted were compatible with the nation’s binding 2050 net zero emissions target.
The UK government will provide financial backing to the nation’s third and fourth CCS projects, Prime Minister Rishi Sunak said on Monday while announcing plans for more than 100 oil and gas licences that he insisted were compatible with the nation’s binding 2050 net zero emissions target.


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