UK's Carbon Capture Ambitions Face Soaring Costs and High Risks, Warns IEEFA Report
July 21, 2025
July 21, 2025
LAKEWOOD, Ohio, July 21 (TNSLrpt) -- A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) warns that the United Kingdom's continued reliance on Carbon Capture and Storage (CCS) technology to meet net-zero targets is a "high-risk strategy" fraught with escalating costs and unproven technical viability. The report, titled "The Runaway Cost of UK Carbon Capture and Storage Subsidies," highlights that UK consumers will bear the brunt of billion . . .