Britain axes 1 billion pound carbon capture scheme

Britain axes 1 billion pound carbon capture scheme London (AFP) Nov 27, 2015 - Britain has quietly cancelled a competition to develop carbon capture and storage technology, reversing support for a tool intended to help combat global warming ahead of a climate summit in Paris next week. The change was announced to the London Stock Exchange on Wednesday as finance minister George Osborne revealed a much-awaited budget update to parliament that vowed to increase investmen ... more http://www.spacedaily.com/reports/Britain_axes_1_billion_carbon_capture_scheme_999.html