Equinor told UK CCS funding was 'quid pro quo' for high taxes by Chancellor

The UK government committed £22 billion to two carbon capture and storage clusters in England last year including Equinor’s Teesside project

British Chancellor of the Exchequer Rachel Reeves.
British Chancellor of the Exchequer Rachel Reeves.Photo: REUTERS/SCANPIX
Published 20 June 2025, 16:11Updated 20 June 2025, 16:11
EuropeWestern Europe