The great carbon capture con: behold the wasted billions Burnham could claw back | George Monbiot

There are far better ways to tackle climate breakdown, but successive governments have chosen to listen to the fossil fuel companies instead The new prime minister will be looking for money? Well, here’s £21.7bn lying on the ground. The government could cancel its deranged, disastrous carbon capture and storage (CCS) programme at no cost to public welfare: in fact, it would greatly reduce the harm we will suffer. Sorry, did I say £21.7bn? That’s the figure the government has been putting in its press releases for spending on this programme between now and 2050. But this covers only the first phase of the project. The climate experts Dr Andrew Boswell and Simon Oldridge worked through the data produced by the government’s Climate Change Committee, which was scattered across different spreadsheets, and discovered that the projected cost of the full CCS programme between now and 2050 is £264bn. Yes, £264bn. More than a quarter of a trillion. This cost will be divided between the public and private sectors. Given the record of CCS programmes so far, we can expect the public to carry most of it. An investigation by the House of Commons public accounts committee found that roughly 25% of

Jul 8, 2026 → Jul 17, 2026