A U.K. competition to spur carbon capture and storage technology that was scrapped in 2015 was on track to cost taxpayers about 8.9 billion pounds ($11 billion), the National Audit Office said Friday.
The Department of Energy and Climate Change said in 2012 that its CCS program would require 2 billion pounds to 6 billion pounds in capital and operational costs over 15 years to test technology that takes emissions that cause global warming and sequester them underground.
