A £1bn (and remember that’s a British billion, meaning what we call a trillion, so that’s about $1.56 trillion dollars) spent on the pointless activity of removing CO2 from power plant emissions. Not SO2, not mercury, not soot, removal of which would at least produce some health benefit to those downwind, but CO2. And it’s “near collapse”? In economic terms it was collapsed from the very conception since it produces no benefit to anyone and is thus economically unsupportable. But then again “green” policies never seem to be subjected to cost-benefit analyses.
I can’t wait for history to look back at the loons impacting our energy policies for the last 25 years and marvel at the sheer magnitude of stupid.
I assure you that a British billion is the same as an American billion. What we call a trillion, they call a thousand billion (still the same number, though).