💰 Shell pulls out of large carbon capture project in northern England

TL;DR

Shell said it had decided to pull out of the NEP project after a review of its strategy and portfolio and will focus on the Acorn CCS project in Scotland, for which it is the technical developer. The NEP project could account for at least half of the 20-30 million tonnes of CO2 Britain aims to capture annually by 2030. The NEP project could account for at least half of the 20-30 million tonnes of CO2 Britain aims to capture annually by 2030

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