The UK government's decision to award £22bn in subsidies for carbon capture projects has coincided with a notable increase in lobbying efforts from the fossil fuel industry, revealing a concerning trend in policy influence.
In 2023, oil and gas companies like Equinor, BP, and ExxonMobil attended 24 of 44 ministerial meetings about carbon capture, doubling past attendance levels and raising alarms among climate advocates.
Environmental concerns have emerged as fossil fuel companies appear to be steering carbon capture strategies to maintain fossil gas demand, despite its detrimental impact on emissions targets.
As Laurie Laybourn pointed out, while oil companies possess the technical capacity for carbon capture, their influence on policy may skew it in ways that primarily suit their interests.
Collection
[
|
...
]