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Shell asks UK govt for carbon storage subsidies

Oil major Royal Dutch Shell Plc has asked the UK government for taxpayer subsidies for the development of underground carbon
dioxide storage, the Sunday Times reported. The support for carbon capture and storage projects would be lower than incentives
previously granted to renewable technologies, the paper cited Maarten Wetselaar (pictured), head of integrated gas and new
energies, as saying. Energy Minister Claire Perry announced a £35mn ($45mn) pledge in November to support carbon capture
technologies in the UK, the Sunday Times said last week.

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