Eleven companies and organisations are calling on the UK Government to set a “clear, unambiguous” commitment to greenhouse gas removal and negative emissions technologies.
The Coalition for Negative Emissions – representing hundreds of thousands of workers across some of the UK’s most critical industries, including aviation, energy and farming – has written to Chancellor Rishi Sunak asking for “targeted” policies to be developed to support viable negative emissions projects in the 2020s.
“In order to scale up in the 2030s at a pace compatible with the UK’s climate commitments, it is essential that government works with industry to bring forward early projects in the 2020s that are viable and represent value for money,” the letter says.
“However, there is no marketplace or regulatory regime in the UK today that incentivises or rewards negative emissions, making financing projects extremely challenging.”
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