Ten Point Plan for a Green Industrial Revolution published
Prime Minister Boris Johnson announced today (18 November 2020) an ambitious ten-point plan for a "green industrial revolution" which aims to create and support up to 250,000 British jobs, putting the UK on a path to net-zero carbon emissions by 2050.
The plan involves investments in clean energy, transport, nature and innovative technologies, which will be granted a share of £12 billion of Government funding. The Government also aims to invest in UK's industrial heartlands, including the North East, Yorkshire and the Humber, West Midlands, Scotland and Wales.
The ten-point plan is set out as follows:
- offshore wind - producing enough offshore wind energy to power every home and increasing the offshore wind we produce to 40GW by 2030;
- hydrogen - working with the industry aiming to generate 5GW of low carbon hydrogen production capacity for industry, transport, power and homes, also aiming to introduce the first town heated only by hydrogen by the end of the decade;
- nuclear - advancing nuclear as the clean energy source from large-scale nuclear power plants, as well as developing the next generation of small and advanced reactors;
- electric vehicles - ban the sale of new petrol and diesel cars and vans by 2030 which will help to accelerate the transition to electric vehicles and invest in transforming the UK infrastructure to support them (however, the sale of hybrid cars and vans that can drive a significant distance with no tailpipe emissions will be allowed until 2035);
- public transport - investing in cycling and walking schemes, as well as zero-emission public transport;
- jet zero and greener maritime - supporting the air and maritime industry in decarbonising and funding research projects for zero-emission planes and ships;
- homes and public buildings - investing in greener, warmer and more energy-efficient homes, schools and hospitals, whilst creating 50,000 jobs by 2030, and a target to install 600,000 heat pumps every year by 2028;
- carbon capture - becoming a world-leader in technology to capture and store harmful emissions away from the atmosphere, with a target to remove 10MT of carbon dioxide by 2030;
- nature - protecting and restoring our natural environment, planting 30,000 hectares of trees every year, whilst creating and retaining thousands of jobs;
- innovation and finance - developing cutting-edge technologies necessary to reach these new energy ambitions and make the City of London the global centre for green finance.
This announcement marks the beginning of the UK's path to net-zero and a green recovery from the coronavirus pandemic.