U.K. Says CO2-Capture Cash May Spur October Climate Deal
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Europe-backed finance for carbon capture and storage may help seal a European Union climate-protection deal by October, according to Ed Davey, the U.K. energy and climate secretary of state.
“There would have to be an EU-wide solution to supporting new CCS in Poland or anywhere else as part of a package to tackle coal,” Davey said today in a phone interview. “So if a country was to go down this route, they would need financial support from the EU, but that would make sense because we are trying to promote new technologies.”