U.K. Sets Out Sweeping Plan to Bring Economy to Net Zero
- Two CCS hubs picked to go forward for government funding
- Plan to leverage up to 90 billion pounds of private investment
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The U.K. unveiled its net-zero strategy on Tuesday as it tries to showcase its green credentials ahead of key climate talks later this month. It will move taxes from electricity to gas, fund carbon-capture, and offer grants for cleaner home heating.