Norway proposes major cuts to carbon capture and storage budget

Madeleine Cuff
clock • 1 min read

State budget proposal for 2018, unveiled late last week, sets out plans to slash CCS funding 90 per cent

On the same day at the UK government finally unveiled new funding support for the carbon capture usage and storage sector (CCUS), the Norwegian government proposed cutting its own support for the technology...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

'Make-or-break factor': Grids hold key to Europe's AI prospects

'Make-or-break factor': Grids hold key to Europe's AI prospects

New Ember report warns the ability of Europe to compete in the global race to harness AI technologies could be undermined by grid constraints

James Murray
clock 19 June 2025 • 3 min read
'Open innovation': TNFD seeks tech and AI innovations to tackle nature-risk data challenges

'Open innovation': TNFD seeks tech and AI innovations to tackle nature-risk data challenges

Taskforce on Nature-related Financial Disclosures aims to share findings from new consultations, pilot tests, and innovation challenges at the COP30 UN Climate Summit in Brazil later this year

Stuart Stone
clock 18 June 2025 • 5 min read
Coldplay to re-release nine albums on 'ecorecords' made from plastic bottles

Coldplay to re-release nine albums on 'ecorecords' made from plastic bottles

Re-released LPs expected to cut carbon emissions by 85 per cent compared to traditional vinyl production, the band's label claims

Stuart Stone
clock 18 June 2025 • 3 min read