After the Government announced that it will pour £1bn of funding into innovative research and development projects across the UK, edie explores five areas of the green economy which could use a funding boost if the nation is to reach future carbon targets. After recently investing £180m in the Offshore Renewable Energy Catapult and Centre for Process Innovation, the Treasury announced on Friday (August 10) that it will assign an extra £780m to the UK’s catapult centres as the Government strives to meet the aims of its Industrial and Clean Growth strategies. Combined, this brings total Government investment into catapult centres to almost £1bn. With this in mind, edie has explored five areas which are undoubtedly in need of further investment if they are to usher in an unprecedented transition to a low-carbon economy for the UK. These are CCS; Decarbonising Heat; Greening the built environment; Electrifying transport; Recycling infrastructure improvements.
Edie 15th Aug 2018 read more »
