Become a BusinessGreen member

Spending watchdog to examine scrapping of £1bn carbon capture plan

Terry Macalister, the Guardian

01 February 2016 • 4 min read

National Audit Office to investigate taxpayer value for money in George Osborne's scrapping of CCS and question plans to secure UK energy supply

The National Audit Office is to investigate George Osborne's decision to scrap a £1bn prototype carbon capture scheme which cost the taxpayer at least £60m, a letter seen by the Guardian shows. The...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
Receive important and breaking news stories via our daily news alert
Our weekly newsletter with the best of the week’s green business news and analysis

Join now

Already a BusinessGreen member?

How retailers can harness green buildings to boost profits

Survey: British public among the least concerned about climate change

More on Energy

Energy

How mine water could warm up the UK's forgotten coal towns

Funding gaps, regulatory red tape and a shortage of skilled workers are stalling the UK's mine-water heating projects, according to the University of Manchester's Jingyi Li, Alejandro Gallego Schmid and Cathy Hollis

Jingyi Li, Alejandro Gallego Schmid and Cathy Hollis, University of Manchester

16 April 2025 • 5 min read

Energy

NESO: Britain's electricity demand could fall below Covid lockdown levels this summer

National Energy System Operator says efforts to boost grid flexibility mean it is well placed to manage record low electricity demand and potentially deliver periods of fossil-free generation