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uk-govt-backing-54m-for-carbon-removal-tech
uk-govt-backing-54m-for-carbon-removal-tech

UK Govt backing £54m for carbon removal tech

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Announced today, 8th July, the UK Government will take forward new government-backed projects across the UK with £54m in funding.

The UK-wide scheme will see a total of 15 greenhouse gas removal projects benefitting from the grant, which aims to reduce the nation’s emission and create new green jobs. 

With funding coming under Phase 2 of the Direct Air Capture and Greenhouse Gas Removal technologies competition, development will focus on accelerating projects such as a machine that pulls carbon dioxide (CO2) out of the air, a plant to convert household waste into hydrogen, and a system to remove CO2 from seawater. 

The £60m competition – itself funded through the BEIS Net Zero Innovation Portfolio – is comprised of two phases, the first of which saw 23 winners receiving a share of £5.6m.

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