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Cameron defends decision to scrap £1bn CCS scheme

Prime minister David Cameron has defended the government’s green credentials in his first evidence session in front of the House of Commons Liaison Committee since May’s general election.

At the hearing on 12 January, Cameron said that the decision to withdraw funding for a £1-billion carbon capture and storage scheme—taken shortly before the end of the four-year competition—was made because the costs of the technology had not dropped in the way the government expected.

The move was revealed quietly through a regulatory note sent to the London Stock Exchange after the chancellor George Osborne’s autumn statement on 25 November. The decision attracted widespread criticism from scientists, MPs and lobby groups, especially given that it came a week before the UK climate change summit in Paris.

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