Center for International Environmental Law<p>🇬🇧 New <a class="mention" href="https://bsky.app/profile/ieefainstitute.bsky.social" rel="nofollow noopener" target="_blank">@ieefainstitute.bsky.social</a> report: <a class="hashtag" rel="nofollow noopener" href="https://bsky.app/search?q=%23UK" target="_blank">#UK</a> <a class="hashtag" rel="nofollow noopener" href="https://bsky.app/search?q=%23CCS" target="_blank">#CCS</a> plans could cost £408 bn by 2050, with £50+ bn in subsidies already pledged for just 8% of the 2050 CCS target.
Read the Report here: <a href="https://ieefa.org/resources/runaway-cost-uk-carbon-capture-and-storage-subsidies" rel="nofollow noopener" target="_blank">ieefa.org/resources/ru...</a>
This isn’t <a class="hashtag" rel="nofollow noopener" href="https://bsky.app/search?q=%23ClimateAction" target="_blank">#ClimateAction</a>: it’s a bottomless pit for public money.<br><br><a href="https://ieefa.org/resources/runaway-cost-uk-carbon-capture-and-storage-subsidies" rel="nofollow noopener" target="_blank">The runaway cost of UK carbon ...</a></p>