The government is committing billions of pounds to an “unproven” green technology for reducing planet-warming gases without considering the impact on consumers’ bills, MPs have warned. Carbon Capture, Utilisation and Storage (CCUS) facilities prevent carbon dioxide, produced by industry, being released into the atmosphere by capturing and storing it underground. In October, the government pledged nearly £22bn for CCUS facilities and three quarters of the money will be raised from consumer bills. The government said it would formally respond to the committee, but CCUS is a “necessity not an option” for reaching its climate goals. The UK has a target to reach “net zero” by 2050, and CCUS will be needed to prevent the CO2 produced by certain industries from entering the atmosphere.
Source link
