Prime Minister Keir Starmer on Friday said planned government investments of nearly £22 billion ($28.8 billion) in the capture and storage of carbon emissions marked a “landmark week” for Britain.
Starmer announced the £21.7 billion investment over 25 years to support three carbon capture projects in Teesside and Merseyside in northern England.
“It is a landmark week in our national story, because this week we saw the end of coal, the power that built this country for many years,” Starmer said, speaking in Chester, near Liverpool.
“Now… we see the new future on our horizon with carbon capture and storage, the largest programme in this new and vital industry anywhere in the world.”
Britain’s last coal-fired power station closed at the start of the week, boosting the country’s ambitions to become carbon neutral by 2050.
The new investment will help fund “two carbon capture clusters” in the regions which have …