IEEFA - Institute for Energy Economics and Financial Analysis United Kingdom

UK government incentives for carbon capture are disproportionately supporting the development of 'blue' hydrogen projects, increasing long-term reliance on fossil gas in the energy mix.A severe lack of carbon capture projects for existing electricity generation puts the UK's target of decarbonising the power sector by 2035 at risk.Government-sponsored projects are pointed towards oil and gas owners, accounting for 78% of the proposed emissions capture and presumably the majority of the billions of pounds in public support available.View original content:https://www.prnewswire.co.uk/news-releases/uk-carbon-capture-policy-falling-short-of-net-zero-goals-and-deepening-fossil-gas-reliance-301987568.html