The British government and Italian energy group Eni (ENI.MI) have reached an agreement for the launch of the Liverpool Bay carbon capture (CCS) project, they said on Thursday, opening the way to the construction phase for the initiative.
The government said last year it would provide funding of up to 21.7 billion pounds ($28.76 billion) over 25 years to develop CCS projects to curb emissions from industry and create new jobs in northern England.
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