UK gives £600m backing to Jim Ratcliffe’s ‘carbon bomb’ petrochemical plant

The UK government is providing a €700m (£600m) guarantee for the billionaire Jim Ratcliffe to build the biggest petrochemical plant in Europe in 30 years that will turbocharge plastic production.

https://www.theguardian.com/environment/2024/feb/29/uk-600m-backing-jim-ratcliffe-carbon-bomb-petrochemical-plant