£166 million cash injection for Green Technology and 60,000 UK jobs. £166.5 million cash boost will drive forward developments in critical technology needed for a green industrial revolution including carbon capture, greenhouse gas removal and hydrogen; Funding package will help benefit energy-intensive businesses like Tate & Lyle, BAE Systems and Celsa Manufacturing, creating over 60,000 well-paid green jobs across the UK, cutting business costs and helping to revitalise industrial heartlands; UK government powering ahead with ambitious commitments set out in the Prime Minister’s 10 Point Plan for a green revolution just six months ago.
BEIS 24th May 2021 read more »
The government has today announced a new £166.5m spending plan designed to accelerate the roll out of green technologies across the UK’s energy-intensive industries, predicting the latest phase of its Green Industrial Revolution will help create up to 60,000 jobs.
Business Green 24th May 2021 read more »
British businesses have the opportunity to create 240,000 low-carbon jobs and boost green exports by billions of pounds to radically transform the UK economy over the next decade, the CBI has said. The UK’s foremost business lobby group said businesses across the country stood to gain from an “early mover advantage” by leading a campaign to decarbonise the global economy to avoid a climate meltdown. Calling on companies to “seize the moment” amid demands for radical economic reforms after the Covid-19 pandemic, it said decarbonisation, innovation, growing trade and levelling-up Britain’s lopsided regional economy could unlock commercial growth opportunities worth £700bn by 2030.
Guardian 24th May 2021 read more »
BBC 24th May 2021 read more »
Times 24th May 2021 read more »
No new gas boilers should be installed in any UK home from 2025, according to the UK’s largest business lobby group the CBI. The group said “conventional” gas boilers should be banned from sale by the middle of the decade to “accelerate progress” to the UK’s net zero emissions target. The move would mean millions of British households would either need to replace their boilers with alternative technology such as a heat pump or install a “hydrogen ready” boiler capable of running on hydrogen gas.
iNews 24th May 2021 read more »