RE: Funding secured for carbon capture31 Jul 2023 07:37
The government will issue at least 100 new oil and gas licences for the North Sea, Rishi Sunak confirms
Downing Street also confirms millions of pounds for a new carbon capture scheme in north-east Scotland
Rishi Sunak tells the BBC it is "important we get energy here at home"
And he says even when the UK reaches net zero in 2050, it will still need oil and gas
The Acorn Project in St Fergus will be Scotland's first carbon capture and storage facility
The scheme would see harmful greenhouse gas emissions piped under the North Sea
But critics say carbon capture is a greenwashing tactic designed to keep the fossil fuel industry in business