A UK project to capture CO2 and bury it under the North Sea is set to receive a 300m-euro boost. The European Commission has confirmed that the White Rose carbon capture and storage (CCS) project is in line to win the cash (equivalent to about £250m). The gas will be siphoned off from a new coal power station and stored in undersea rock formations.
Climate scientists believe CCS has a key role to play in reducing future CO2 emissions. Building large-scale demonstration plants that capture carbon from coal or gas and secure it in permanent storage sites has not been easy. In 2012, the European Union was unable to find a single project to fund when it attempted to spur the development of the technology.