Politics

UK pledges $1 billion spending for carbon capture

Investment will create two or more 'CCS clusters' by 2030, finance minister Rishi Sunak tells parliament in maiden budget speech

UK Chancellor of the Exchequer Rishi Sunak poses with the red budget box outside his office in Downing Street in London earlier on Wednesday
UK Chancellor of the Exchequer Rishi Sunak poses with the red budget box outside his office in Downing Street in London earlier on WednesdayPhoto: REUTERS/SCANPIX
  • Rob Watts
  • Reuters
London
UK North SeaRishi SunakBoris JohnsonEuropeWestern Europe
Published 11 March 2020, 14:27Updated 11 March 2020, 16:27