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Britain plans to invest 1 billion pounds ($1.
39 billion) to reduce carbon emissions from industry, schools and hospitals as part of a broader "green revolution" aimed at creating thousands of
jobs and meeting climate goals, Britain said on Wednesday.
The UK aims to achieve net zero carbon emissions by 2050, while also seeking to increase jobs and repair economic losses
caused by the coronavirus pandemic.
Business and Energy Minister Kwasi Kwarteng said: "Today's plan will significantly reduce the carbon emissions generated by our economy and put us on a path
to eliminate carbon emissions by 2050.
”
The measures will create and support up to 80,000 jobs over the next 30 years and help the country reduce industrial emissions by two-thirds
over 15 years, the statement said.
Specifically, the bulk of the funding will go to 429 projects in England, worth around £932 million, to help reduce emissions
from public buildings such as schools, hospitals and parliament buildings through low-carbon schemes such as energy-efficient insulation, low-carbon heating systems, installation of solar panels and efficient lighting.
In addition, £171 million will be allocated to nine projects in Scotland, South Wales and the North West, Humber and Teesside in England to help decarbonise, such as projects to capture and utilise carbon emissions and projects
using cleaner fuels such as hydrogen.
The UK government plans to mobilize a total of £12 billion in government funding and create 250,000 highly skilled green jobs
by 2030.
Britain plans to invest 1 billion pounds ($1.
39 billion) to reduce carbon emissions from industry, schools and hospitals as part of a broader "green revolution" aimed at creating thousands of
jobs and meeting climate goals, Britain said on Wednesday.
The UK aims to achieve net zero carbon emissions by 2050, while also seeking to increase jobs and repair economic losses
caused by the coronavirus pandemic.
Business and Energy Minister Kwasi Kwarteng said: "Today's plan will significantly reduce the carbon emissions generated by our economy and put us on a path
to eliminate carbon emissions by 2050.
”
The measures will create and support up to 80,000 jobs over the next 30 years and help the country reduce industrial emissions by two-thirds
over 15 years, the statement said.
Specifically, the bulk of the funding will go to 429 projects in England, worth around £932 million, to help reduce emissions
from public buildings such as schools, hospitals and parliament buildings through low-carbon schemes such as energy-efficient insulation, low-carbon heating systems, installation of solar panels and efficient lighting.
In addition, £171 million will be allocated to nine projects in Scotland, South Wales and the North West, Humber and Teesside in England to help decarbonise, such as projects to capture and utilise carbon emissions and projects
using cleaner fuels such as hydrogen.
The UK government plans to mobilize a total of £12 billion in government funding and create 250,000 highly skilled green jobs
by 2030.
