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| Version 1 | Version 2 |
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| Acorn Project carbon capture funding to be announced in spending review | Acorn Project carbon capture funding to be announced in spending review |
| (about 2 hours later) | |
| The St Fergus gas terminal in Aberdeenshire | The St Fergus gas terminal in Aberdeenshire |
| Funding for a carbon capture project in Aberdeenshire is expected to be announced in the UK government's spending review, BBC Scotland News understands. | Funding for a carbon capture project in Aberdeenshire is expected to be announced in the UK government's spending review, BBC Scotland News understands. |
| The Acorn Project based in St Fergus would take greenhouse gas emissions and store them under the North Sea, in a process known as carbon capture and storage (CCS). | The Acorn Project based in St Fergus would take greenhouse gas emissions and store them under the North Sea, in a process known as carbon capture and storage (CCS). |
| There have been growing calls from business leaders for investment in the project which has been on a reserve list for funding. | There have been growing calls from business leaders for investment in the project which has been on a reserve list for funding. |
| Chancellor Rachel Reeves will announce the budgets for all government departments over the next few years on Wednesday, which will include information on what new projects will receive investment. | Chancellor Rachel Reeves will announce the budgets for all government departments over the next few years on Wednesday, which will include information on what new projects will receive investment. |
| In the House of Commons on Tuesday, ministers were asked a number of times about funding for the project. | In the House of Commons on Tuesday, ministers were asked a number of times about funding for the project. |
| Energy Minister Sarah Jones told MPs they didn't have long to wait to see what the spending review had to say about the project. | Energy Minister Sarah Jones told MPs they didn't have long to wait to see what the spending review had to say about the project. |
| She said: "We have always been clear that we support the Acorn Project" adding "we know what an important proposal it is. | She said: "We have always been clear that we support the Acorn Project" adding "we know what an important proposal it is. |
| "The decision is a matter for a spending review but we are very close to having those decisions". | "The decision is a matter for a spending review but we are very close to having those decisions". |
| How will Acorn affect climate change targets? | How will Acorn affect climate change targets? |
| In March, business leaders including oil tycoon Sir Ian Wood and organisations such as the Scottish Chambers of Commerce signed a letter urging the chancellor to back the project. | In March, business leaders including oil tycoon Sir Ian Wood and organisations such as the Scottish Chambers of Commerce signed a letter urging the chancellor to back the project. |
| The letter argued that the project had faced two decades of setbacks, and that it is needed to help Scottish industry decarbonise. | The letter argued that the project had faced two decades of setbacks, and that it is needed to help Scottish industry decarbonise. |
| The project missed out on support in 2021, when funding instead went to two areas in the north of England, and Acorn was placed on a reserve list for future backing. | The project missed out on support in 2021, when funding instead went to two areas in the north of England, and Acorn was placed on a reserve list for future backing. |
| The UK government said Acorn had already received more than £40m for its development. | The UK government said Acorn had already received more than £40m for its development. |
| If it is given the go-ahead, waste CO2 will be piped from central Scotland to St Fergus using redundant pipelines which previously carried natural gas south. | If it is given the go-ahead, waste CO2 will be piped from central Scotland to St Fergus using redundant pipelines which previously carried natural gas south. |
| Experts say the technology is vital for Scotland to meet its climate targets. | Experts say the technology is vital for Scotland to meet its climate targets. |
| Sites which are signed up include the refineries at Mossmoran and Grangemouth as well as a new power station at Peterhead. | Sites which are signed up include the refineries at Mossmoran and Grangemouth as well as a new power station at Peterhead. |
| Climate campaigners have criticised the scheme, calling it a "greenwashing scam". | |
| Alex Lee, from Friends of the Earth Scotland, said: "It would be a disgrace if the chancellor handed over more public money to prop up a fossil fuel industry that is ripping us off. | |
| "The Acorn Project is a fossil fuel polluters pipe dream and will never live up to the hype." |