By Paul Homewood

And who will pay for these jobs?

https://www.gov.uk/government/news/2800-skilled-jobs-in-wales-and-north-west-as-ccus-industry-grows

No costs have been disclosed yet, but these two schemes will be subsidised out of Ed Miliband’s £22 billion carbon capture fund, announced last year.

Producing electricity with a carbon capture unit bolted onto the power station by definition costs more, much more, than doing so without such a unit.

Carbon capture is an energy consuming process, so Connah’s Quay will use a lot more gas than a conventional CCGT does. On top of that, there is the CAPEX and OPEX involved in the carbon capture, as well as the cost of piping it all away.

So all of these 2800 jobs created will be non-jobs that produce no added value at all. Instead they will simply drain money and resources out of the real economy.

via NOT A LOT OF PEOPLE KNOW THAT

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August 5, 2025 at 08:16AM