By Tom Lowe2021-07-30T05:00:00+01:00
National Infrastructure Commission warns that Industries and taxpayers will need to pay £40bn a year on carbon removals by 2050
Firms should face fines if they fail to remove all of the carbon they emit from the atmosphere, the government’s infrastructure adviser has said.
The National Infrastructure Commission (NIC) said that the government should place obligations on polluters to stump up the cost of greenhouse gas removals or face penalties.
In a major report published earlier this week, the agency said that UK industry and taxpayers will need to pay up to £40bn each year by 2050 on removing carbon and burying it under the seabed.