EU Wastes £520m On Abortive CCS Project
November 6, 2017
By Paul Homewood
An investigation found that Brussels blew the colossal sum of cash on a drive to build underground storage facilities for CO2 emissions – but no such facilities were ever constructed.
This week the architect of the scheme, a former Lib Dem MEP, admitted this was because officials bungled their predictions for the environmental costs facing businesses.
The revelations, uncovered by the website EUobserver, will heap further pressure on EU chiefs who are already facing increased scrutiny over their spending due to Brexit.
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