"Big Oil Is the Winner From Dutch Carbon Capture Subsidies." #GreenWashing
A flagship climate scheme will cost taxpayers billions, with no guarantee of a meaningful impact on GWG. The tech has secured official backing in large part bc it helps govts persuade voters they're taking #climate action, while stopping short of the kind of rapid, fundamental transformation of economies needed to end the use of FF.
Cost to the Dutch taxpayer: at least 4B euros in subsidies.
https://www.desmog.com/2024/08/27/big-oil-is-the-winner-from-dutch-carbon-capture-subsidies/