"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/

Big Oil Is the Winner From Dutch Carbon Capture Subsidies - DeSmog

This story is the second part of a DeSmog series on carbon capture and was developed with the support of Journalismfund Europe, and in partnership with Follow the Money. To read the first story, click here.

^{Michael Buchsbaum (DeSmog)}