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UK spending on ‘fairytale’ carbon capture tech is a national embarrassment, chancellor told

UK spending on ‘fairytale’ carbon capture tech is a national embarrassment, chancellor told

What's happening

SignalsMonitor is following this as a politics story. The Guardian Business is the outlet attached so far. The first report grouped here was at 27 Oct 2026, 13:28 UTC. 3 material updates are listed in the timeline. The headline in use is “UK spending on ‘fairytale’ carbon capture tech is a national embarrassment, chancellor told”. This note is SignalsMonitor's own briefing, not the publisher's article.

What we know

Chris Packham says £24bn earmarked for projects with ‘ludicrously uncertain results’ should be redirected to help lower bills and cut emissions Campaigners are calling on the chancellor to cut the government’s £24bn spending plans for “fairytale” carbon capture technologies in favour of funding green schemes that can reliably cut emissions…

The Guardian BusinessRead at The Guardian Business

Story timeline

Reports grouped into this story, earliest first. Exact repeats from the same outlet are collapsed.

Reported by 1 outlet

  • The Guardian