Net Zero by 2050: UK's Carbon Capture Push Gets £22 Billion Boost

The UK is set to invest almost £22bn over 25 years in carbon capture and storage schemes, Sir Keir Starmer is to announce ahead of the upcoming international investment summit. Projects in Teesside and Merseyside will benefit from the £21.7bn in funding over 25 years, which the government says will attract £8bn in private investment and contribute toward the UK reaching net zero by 2050. Ministers say they have reached commercial agreement with industry. Plans are projected to make the UK a leader in the growing sectors, to create...