UK Fund Invests Millions in Carbon Capture Project ...Middle East

OILPRICE - Economy
UK Fund Invests Millions in Carbon Capture Project
source : OILPRICE ( Middle East ) () 17
A government -backed fund is pledging more than £2 for a carbon capture project. Energy secretary Ed Miliband has said that workers in “Britain’s manufacturing heartlands” will benefit from the investment in the Peak Cluster works. Peak Cluster is working towards a pipeline that will take carbon emissions from cement and lime companies in the Peak District and store them below the Irish Sea. The £28.6 million is coming from the National Wealth Fund (NWF) a body announced by the government last year with £27.8bn…

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