United Kingdom to provide £557m funding for new renewable energy projects

Cornelia Mascio
Ottobre 12, 2017

Its other recommendations include a new commitment to creating low carbon homes, and the creation of a new body called Energy for the North, which would oversee the strategy and take legal responsibility for cutting carbon emissions.

"Clean Growth is at the heart of the Industrial Strategy, and the United Kingdom government is determined to unlock opportunities across the United Kingdom, while cutting carbon emissions as the world moves to towards a low carbon future".

The long-awaited clean growth strategy sets out measures for housing, businesses, transport, agriculture and the power sector, and to make the United Kingdom a "world leader" in green finance.

More than a million homes are getting energy saving upgrades to make them warmer and cheaper to heat through the "energy company obligation", paid for through consumer bills, and standards on new boilers will be improved.

The sector is considered a key benchmark because it passed Government's triple test for supporting low-carbon opportunities: all such projects should offer a clear path to reducing carbon, show a clear cost reduction trajectory, and offer the United Kingdom a world-leading position, said Claire Perry, the climate change minister.

It is spending £1 billion supporting the take-up of electric cars, developing an electric vehicle charging network and spending £841 million in innovation in low-carbon transport and fuels.

The 12-month study by the Northern Energy Taskforce - a group of leading public and private sector organisations and academics - sets out a "clean" growth strategy that it says could create 100,000 jobs through energy devolution.

There are already more than 430,000 jobs in low carbon businesses and their supply chains, and the low carbon economy could grow by 11% a year between 2015 and 2030 - faster than the rest of the economy, the Government said.

Low-carbon innovation is at the heart of the government's approach, climate change and industry minister Claire Perry said in a written statement to parliament.

Sir John Harman, chairman of the Northern Energy Taskforce and former chair of the Environment Agency, said the strategy, which was being launched in Leeds today, would help the Government meet its commitment to Paris climate agreement.

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