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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
A HEAD SCRATCHER? Chancellor of the Exchequer Rachel Reeves at the International Investment Summit in London, as the Government seeks to woo investors to the UK

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.

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