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Refinitiv Newscasts - Reuters Today: The UK government to grant hundreds of new oil and gas licenses

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Source: Reuters

Description: Downing Street also confirmed that millions of pounds will be
invested for new carbon capture schemes in north-east Scotland and the Humber.
Britain's Prime Minister, Rishi Sunak, said the newly announced Acorn carbon
capture project will support over 200,000 jobs across the industry and will
help transition to net zero. Today's move is in sharp contrast to the
opposition Labour party's plan which wants to stop issuing new oil and gas
licenses.
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