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Summary

UK subsidies boost carbon capture

This is a news story, published by Guardian, that relates primarily to BP news.

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new fossil fuel projects
Guardian

Guardian

•

UK’s £22bn carbon capture pledge follows surge in lobbying by fossil fuel industry, records show

Guardian
Summary
Nutrition label

82% Informative

Labour government announced plans last week to extend 22bn in subsidies for carbon capture over 25 years .

Oil and gas companies have met ministers most frequently since January 2020 to build new low-carbon” gas-fired power stations fitted with carbon capture units.

Equinor and BP are two of the companies that have met with ministers more frequently to build low-carbon power plants.

The surge in lobbying coincided with the previous Conservative administration’s pledge in March 2023 of 20bn in subsidies for carbon capture projects.

Researchers point to the frequent failure of projects to meet carbon capture targets, cost-overruns and the need for multi-billion dollar subsidies.

Nevertheless, oil and gas companies have continued to press the case to ministers.

VR Score

82

Informative language

79

Neutral language

66

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

10

https://www.desmog.com/2023/09/25/fossil-fuel-companies-made-bold-promises-to-capture-carbon-heres-what-actually-happened/https://www.equinor.com/news/uk/landmark-power-ccs-project-in-humber-becomes-uk%27s-first-to-gain-planning-consenthttps://www.desmog.com/2024/08/30/colossal-waste-u-s-leads-way-in-public-spending-on-false-climate-solutions-oil-change-international-exxonmobil/https://www.gov.uk/search/transparency-and-freedom-of-information-releases?parent=department-for-energy-security-and-net-zero&keywords=meetings&organisations%5B%5D=department-for-energy-security-and-net-zero&order=relevancehttps://www.desmog.com/https://carbontracker.org/ccus-press-release/https://www.campaigncc.org/sites/data/files/sites/data/files/Docs/letter_to_sos_-_blue_hydrogen_and_ccus.pdfhttps://www.gov.uk/government/news/hundreds-of-new-north-sea-oil-and-gas-licences-to-boost-british-energy-independence-and-grow-the-economy-31-july-2023https://www.bp.com/en_gb/united-kingdom/home/were-backing-britain/carbon-capture-storage.htmlhttps://www.equinor.com/news/uk/nzt-power-and-nep-awarded-dco-by-uk-government

Source diversity

6

www.desmog.comwww.equinor.comwww.gov.ukcarbontracker.orgwww.campaigncc.orgwww.bp.com

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