UK committee criticizes £22 billion carbon capture plan, warning it may hike energy bills.

The UK's Public Accounts Committee (PAC) has criticized the government's £22 billion investment in carbon capture and storage (CCUS) technology, warning that it could burden taxpayers and consumers with high energy bills. The PAC expressed concerns that CCUS might not deliver the necessary carbon reductions to meet climate targets and urged the government to regularly assess the financial impact on the public and ensure affordability.

1 month ago
26 Articles