Prime Minister Boris Johnson announced today that £350 million is being made available to cut emissions in heavy industry and drive economic recovery from coronavirus.
- Funding will help drive decarbonization of heavy industry, construction, space, and transport – helping to meet PM’s goal of leading the most ambitious environmental program worldwide
- PM launches first meeting of Jet Zero Council, tasked with making net-zero emissions possible for future flights
The announcement for funding also includes £139 million to cut emissions in heavy industry by supporting the transition from natural gas to clean hydrogen power and scaling up carbon capture and storage (CCS) technology which can stop over 90% of emissions being released from industrial plants into the air by storing carbon permanently underground.
Source: UK Government announcement