Even the fossil fuel companies who pitched CCS as their get-out-of-jail-free card no longer believe in the economics.

The global stock market rout triggered by Donald Trump’s “Liberation Day” tariffs worsened today. London’s FTSE 100 index opened 6% lower, while S&P 500 is set to enter bear market territory later.

On the FTSE 250, Ruffer Investment Company and Royal Mail (LON: IDSI) owner International Distribution Services PLC (LSE:IDS) ...