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Policy & financeJuly 9, 2026

UK Backs $80M Peak Cluster Carbon Pipeline

Chancellor Rachel Reeves announced a £59.6 million (approximately $80 million) funding package to launch the Peak Cluster carbon pipeline in the UK. This project aims to capture and store carbon dioxide at scale, representing a major political commitment to carbon capture and removal technologies. The funding supports the development of critical infrastructure for Britain's low-carbon transition.

Read the full article · Carbon Herald ↗

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