UK makes £22bn commitment to fund carbon capture and storage [Yahoo! Finance]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: Yahoo! Finance
and storage (CCS) projects in two clusters in the north of England, which will include associated infrastructure and transportation. The new Labour administration has pledged the money, to be spread over 25 years, for projects to secure carbon emissions from energy producers, wider industry and hydrogen power production. The carbon capture clusters will be situated in Merseyside, north-west England, and Teesside, north-east England, with the government claiming the investment will eventually create thousands of jobs and help the UK meet climate goals. The East Coast Cluster is backed by BP and Equinor, among others, while the other project is being developed by Eni. The Labour Government came to power earlier this year after promising to introduce a raft of environmental and green energy projects including scaling back North Sea oil and gas production , loosening restrictions for onshore wind and setting up Great British Energy, a state-owned energy company to “partner with in
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BP
Earnings
- 7/31/24 - Miss
BP
Sec Filings
- 10/1/24 - Form 6-K
- 10/1/24 - Form 6-K
- 9/24/24 - Form 6-K
- BP's page on the SEC website