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UK to invest 9.4 billion pounds in carbon capture and storage

ReutersJun 11, 2025 12:43 PM

- Britain will invest 9.4 billion pounds ($12.73 billion) in technology to capture and store carbon dioxide emissions, government documents published on Wednesday showed, as finance minister Rachel Reeves set out near-term spending plans.

Projects being supported include the Acorn project in Scotland and the Viking project in the north east of England, the documents showed.

($1 = 0.7384 pounds)

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