Skip to main content
Advertise Buy the paper Contact us Shop Subscribe Support us
Carbon capture is big oil’s ‘green’ baby
Why is Labour so excited about unproven and untested schemes to burn fossil fuels while radically reducing CO₂ emissions? Just follow BP, Drax and Hynet’s money, writes SOLOMON HUGHES

THIS month, Keir Starmer announced a £21.7 billion subsidy for “carbon capture and storage” schemes, claiming this was all about “clean energy” and jobs.

But the big worry is that Labour has put an oil industry scheme at the heart of its “environmental” policies. It is going to throw big money at a “green” scheme which isn’t really green at all.

It is going to hand billions to companies like oil firm BP or wood-burning mega-power station Drax or Italy’s energy giant Eni, mostly because these companies could afford to lobby the government and hire their mates.

Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
Features / 17 January 2025
17 January 2025
By spreading race-based conspiracy theories, the billionaire tycoon turned right-wing provocateur has been seriously undermining the case against those who really did let victims of the grooming gangs down, writes SOLOMON HUGHES
Features / 2 January 2025
2 January 2025
Supposedly top journalists and commentators are suddenly reversing their earlier proclamations that our Labour PM is terrific, and are now saying he’s crap. SOLOMON HUGHES has a shrewd idea why
Features / 20 December 2024
20 December 2024
Behind a facade of flimsy restrictions, the man who was Tony Blair’s privatisation champion is back in an advisory role, despite the fact he already works for firms that will profit from the selling off of the NHS, writes SOLOMON HUGHES
Features / 6 December 2024
6 December 2024
Despite mainstream political podcasts drowning in centrist drivel, Labour Left Podcast offers an authentic grassroots perspective from decades of working-class struggle and resistance, writes SOLOMON HUGHES
Similar stories
Britain / 13 December 2024
13 December 2024
But Unite warns that Labour has ‘missed a golden opportunity to bring the national grid under public ownership’
Features / 22 November 2024
22 November 2024
SOLOMON HUGHES reveals how one of the leading lobbyists for new technology set to hoover up billions in subsidies is already embroiled in a privatisation scandal that has been described as ‘disastrous for taxpayers’
Features / 10 October 2024
10 October 2024
The government’s reliance on unproven and short-termist technology won’t deliver answers to today’s energy crisis, warns MARK MASLIN
Britain / 10 October 2024
10 October 2024
Bleak report finds planet is on brink of irreversible climate disaster