U.K. Urged to Fast-Track Drax, SSE Carbon-Capture Plans
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U.K. ministers should accelerate funding for carbon-capture and storage projects by Drax Group Plc and SSE Plc to kick-start a technology that’s vital for climate protection, a panel of lawmakers said.
Seven years after the U.K. first pledged to help pay for a project to demonstrate technology that strips out carbon dioxide from power plant emissions, the expected start date has been pushed back to 2020 from 2014, the multiparty Energy and Climate Change Committee said today in an e-mailed report.