CO2 Utilisation Challenge Fund launched
A new fund to help develop emerging CO2 utilisation technology has been launched.
The CO2 Utilisation Challenge Fund aims to help businesses and organisations develop and commercialise the technology, which involves harnessing and converting CO2 – the biggest contributor to climate change emissions – and using it to produce valuable products such as synthetic fuels and proteins for use in aquaculture.
The CO2 Utilisation Challenge Fund will be administered by Scottish Enterprise and match-funded by industry, meaning over £10 million could be invested in the initiative over its two-year lifetime.
The CO2 Utilisation Fund is a Programme for Government commitment 2020/21.
More details are available on the Scottish Enterprise website .
News Articles
- Auto Services Perth Ltd sponsor Perth Racecourse for the 2022 season
- Electric models drive second-hand car sales higher
- Morrisons rescues McColl's taking on all 16,000 staff
- Inflationary pressure poses huge risk to Scottish businesses
- Focus on tackling the cost of living in Queen's Speech
- New UK sanctions for Russia and Belarus
- UK Capital Allowance Regime - Consultation
- Additional £4 million for the Young Person’s Guarantee
- Latest FPMC funding round announced
- SCC Quarterly Economic Indicator Survey Q2 2022
- Azets global SME leaders growth conference - 12th May
- SMEs likely to be hit hardest with interest rate rise
- GS Group boosts Dundee presence
- New Head of Sustainability for Bidwells
- Gillespie Macandrew bolsters planning team with the appointment of Sandy Telfer
- Scotland 5GCentre Innovation Challenge Live
- Funding open for Highlands and Islands green innovations in marine sector
- Scottish census deadline extended after poor response
- House prices up 12% but rises expected to slow, says Nationwide
- Number of firms in critical financial distress rises sharply
- TalentScotland Immigration Update
- Scotland's Tech Sector Back In Growth Mode
- Free online Climate Emergency Training for people across Scotland
- UK factories raise prices at record pace