Oil firm calls for carbon capture subsidies
The chief of oil firm BP, has called on governments to subsidise capture and storage of carbon dioxide from fossil fuels "just as [they do for] wind and other renewable energy sources". John Browne said in the Financial Times newspaper that a BP project in Scotland "will produce more carbon free electricity than all of the UK's wind farms". Europe's wind energy association reacted sceptically. CO2 sequestration research receives four times more EU funding than wind, it noted. "Wind is near term and can easily make carbon cuts whereas sequestration is basically a laboratory experiment", said chief executive Corin Millais. See article.
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