Skip to main content
Donate to the 95 years appeal
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.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
DODGY DUO: Pleased as Punch Peter Mandelson and Keir Starmer
Features / 7 March 2025
7 March 2025
You’ll never guess why a quick peace in Ukraine might be in the ambassador to Washington’s interests, writes SOLOMON HUGHES. Actually, of course you will – he stands to make a lot of money from his business links to Russia
A climate activist interrupts Chancellor Rachel Reeves's key
Britain / 2 March 2025
2 March 2025
FUTURE FUEL: A hydrogen sports car at the Brussels auto show
Science and Society / 15 January 2025
15 January 2025
Natural hydrogen gas could be a replacement for fossil fuels, but its extraction could see developing nations face familiar patterns of land loss and resource theft, write ROX MIDDLETON, LIAM SHAW and MIRIAM GAUNTLETT
A child rides a bike at Whitelee Windfarm in East Renfrewshi
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’