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UK announces £22bn for carbon capture projects

The UK government on Friday announced investment of nearly £22 billion ($28.8 billion) in projects to capture and store carbon emissions created by industry and energy production.

The money will fund "carbon capture clusters" in Merseyside, northwest England, and Teesside, northeast England.

The new Labour government has launched a new public-owned body, Great British Energy, to spur investment in domestic renewable projects and quicken the pace of the move to cleaner power.

It hopes the new projects will create 4,000 jobs and support another 50,000 over the next 25 years and help the UK meet its climate targets by removing 8.5 million tonnes of carbon emissions each year.

Prime Minister Keir Starmer said the projects were "reigniting our industrial heartlands by investing in the industry of the future".

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