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UK government unveils Clean Growth Strategy
The UK government’s recently unveiled Clean Growth Strategy aims to cut carbon emissions while growing the economy and keeping bills down. Over £2.5bn of government funding is to be invested in low carbon innovation from 2015 to 2021 and new measures to make the UK a world leader in green finance as part of the government’s Industrial Strategy.
The Clean Growth Strategy sets out how the whole country can benefit from low carbon economic opportunities through the creation of new technologies and new businesses, which creates jobs and prosperity across the UK, while meeting ambitious national targets to tackle climate change. Business and Energy Secretary Greg Clark said: ‘For the first time in a generation, the British government is leading the way on taking decisions on new nuclear, rolling out smart meters and investing in low carbon innovation. The world is moving from being powered by polluting fossil fuels to clean energy. It’s as big a change as the move from the age of steam to the age of oil and Britain is showing the way.’
For more details and commentary, go to https://knowledge.energyinst.org/Energy-Matrix/product?product=108898
News Item details
Journal title: Petroleum Review
Region: UK
Countries: UK -
Subjects: Policy and Governance, Carbon management in industry, Carbon management in buildings, Low carbon
