UK government to invest $95 million to aid developing countries in CCS technologies
APRIL 26, 2012
billion for Carbon Capture and Storage (CCS) technologies. Well, now the administration is conscientiously lining up to spend over $95 million for aiding emerging markets develop their indigenous versions of CCS technology. UK earmarks £60m for CCS in developing countries. Statistical estimations show: to prevent global temperatures rising beyond 2 degrees Centigrade, our current CCS infrastructure needs to grow by an almost double magnitude by 2020.