BRITAIN will today announce a raft of carbon capture licenses to bury dirty gases under the North Sea.
The UK will kick-start a huge market for CO2 to be put back inside old oil and gas wells north of Scotland.
Licences will be made available for firms to store carbon in disused oil wells under the North Sea
Ministers hope the move will help to slash our emissions by a whopping 10 per cent.
It will mean firms will be able to rely on oil and gas for longer – taking pressure off our Net Zero goals.
And re-purposing the oil and gas fields to be used again is far cheaper than decommissioning them altogether – saving businesses millions of pounds.
However, the process is incredibly expensive, and critics say it could lead to Britain becoming the dumping ground of Europe.
And marine biologists worry it could harm our ocean life.
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https://hellofaread.com/politics/rishi-sunak-signs-landmark-defence-and-micro-chip-deal-with-japan-to-wean-us-off-chinese-tech/
