The UK government has unveiled ambitious plans to build the world’s first ‘net zero carbon’ hub in a bid to boost the country’s green economy and provide a model for other nations around the world to emulate. Energy and Clean Growth Minister Claire Perry announced the plan, backed by up to £170m of new government funding, at the COP24 Climate Summit in Katowice this morning. She said the UK was working to deliver at least one low carbon industrial cluster by 2030, with a view to showcasing a range of clean technologies, including carbon capture, utilisation, and storage (CCUS) capabilities. The aim is for the £170m of government funding to leverage further support for a range of energy intensive industries, such as steel, ceramics, cement, chemicals, paper and glass, which together account for around a quarter of UK greenhouse gas emissions. Often referred to as ‘hard to decarbonise’, experts maintain the UK and other economies will need to find a way to slash emissions from industry if they are to deliver the net zero emissions goals set out in the Paris Agreement.
Business Green 13th Dec 2018 read more »
BEIS 13th Dec 2018 read more »