Oil and gas giant Shell has asked the British government for a subsidy for the development of underground carbon dioxide storage. The Sunday Times reported that. It is unclear what the amount is.
The British newspaper relies on comments from Shell director Maarten Wetselaar. According to him, the possible subsidy for projects in this area would be less extensive than previously granted for renewable technologies. The British energy minister, Claire Perry, pledged in November to have a total of £ 35 million (over € 40 million) available to support carbon capture technologies, The Sunday Times said.