Govt Cancels Carbon Capture After Blowing £168 Million

The National Audit Office has ripped into the Department for Business, Energy and Industrial Strategy for blowing £168 million on two carbon capture technology competitions which the Treasury deemed to be too expensive if there was to be any chance of getting plants built in the UK in the coming years.

A Department for Business, Energy and Industrial Strategy spokesman said: “We haven’t closed the door to CCS technology in the UK, but decisions had to be taken to control government spending and protect consumer bills. This is why the government ended the funding for the CCS competition, and ensured taxpayers were protected from significant costs when the competition closed.” Translation “the Treasury didn’t want to burn any more taxpayers’ money”.

This is the department which is going to determine Mrs May’s interventionist industrial strategy – so expect the same civil servants to blow hundreds of millions more on the “white heat of technology” that the private sector won’t touch. Big business is rubbing its hands with glee…




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Logging company Resolute’s CEO Richard Garneau suing Greenpeace

“A funny thing happened when Greenpeace and allies were forced to account for their claims in court. They started changing their tune. Their condemnations of our forestry practices “do not hew to strict literalism or scientific precision,” as they concede in their latest legal filings. Their accusations against Resolute were instead “hyperbole,” “heated rhetoric,” and “non-verifiable statements of subjective opinion” that should not be taken “literally” or expose them to any legal liability. These are sober admissions after years of irresponsible attacks.”

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