2024-07-12 The Road to Net Zero Can Save Government Funds
Action Government Saving
Remove government funding of Sizewell C, SMR, ANF and FNEF £ 1155 million
Remove government funding of nuclear fusion Up to £ 650 million to 2027
Remove tax relief for the oil and gas industry Up to £ 5.7 billion/y from 2022 to 2025
Remove government funding of CCS £ 20 billion over 20 years from 2023
Remove government funding of imported biomass for Drax etc £ 606.8 million in 2022
Total of above About £ 8.6 billion a year