UK cuts green spending, casting doubt on carbon capture industry growth

Government subsidies for carbon capture are shrinking despite new project launches, dampening industry confidence at a London conference this week.

First covered Oct 14, 2026 · 7:22 AM PT · 1 article · no longer in the live window

UK cuts green spending, casting doubt on carbon capture industry growth — Image via climatechangenews.com

Coverage

27d Climate Home News Carbon capture industry faces tough future, as UK raids green spending — Despite a spate of projects getting underway, the mood at an industry conference in London this week was low with government subsidies set to shrink The post…

Primary sources

ipcc.ch Ipcc Ar6 Wgiii Spm (ipcc.ch)

More coverage from around the web

yorkshirepost.co.uk Reform UK to scrap Humber carbon capture funding - despite £15bn investment pledge

bloomberg.com UK Warns Carbon Capture Industry of Subsidy Cuts as Budget Nears - Bloomberg

ieefa.org UK carbon capture plans: A costly distraction from genuine green investments

ieefa.org The runaway cost of UK carbon capture and storage subsidies

netzeroinvestor.net UK green funding skewed towards fossil fuel-backed technologies

Appeared in: 2026-10-14 (#8) · 2026-10-15 (#11)

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