Government commits £350m to speed up progress towards UK’s 2050 net zero goal

Transport, space, heavy industry and construction are set to benefit from £350 million funding to drive decarbonisation, Prime Minister Boris Johnson has announced.

The multimillion pound investment package aims to speed up progress towards the UK’s net zero 2050 target, and aid economic recovery from coronavirus.

Airliner takes off (Image: Wallpaperflare.com)

Airliner takes off (Image: Wallpaperflare.com)

The investment comes ahead of the Prime Minister launching the first meeting of the Jet Zero Council later today (July 22), which will bring together government, representatives from the environmental sector and the aviation and aerospace industry to tackle aviation emissions in line with the government’s ambition to achieve the first ever zero emission long haul passenger plane.

Johnson said: “We’ve made great strides towards our net zero target over the last year, but it’s more important than ever that we keep up the pace of change to fuel a green, sustainable recovery as we rebuild from the pandemic.

“The UK now has a huge opportunity to cement its place at the vanguard of green innovation, setting an example worldwide while growing the economy and creating new jobs.

“That’s why we’re backing cutting edge research to cut costs and carbon across our great British industries, and even paving the way for the first ever zero emission long haul passenger flight – so that our green ambitions remain sky high as we build back better for both our people and our planet.”

Read more: Smart Transport

By |2020-07-28T12:55:25+00:00July 29th, 2020|Coronavirus, Energy and Climate Change, News|
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