Hunt to spend £20bn on carbon capture schemes across UK

By Tom Lowe2023-03-15T15:25:00

Chancellor also announces launch of first competition to design small modular reactors

The government will spend £20bn on development of carbon capture and storage (CCUS) schemes across the UK, chancellor Jeremy Hunt revealed in today’s Spring Budget.

A shortlist of projects for an initial phase of CCUS deployment will be announced later this month and will focus on the North East and North West coast of England and North Wales, Hunt said.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community