INTIEAUnited Kingdom · Investments in Green TechnologyPolicyIn force

Investments in Green Technology

As part of its Green Industrial Revolution, the government will inject a GBP 166.5 million to drive forward developments in critical technology, including carbon capture, greenhouse gas removal and hydrogen.   This funding package will help benefit energy-intensive businesses…

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Country / jurisdiction: United Kingdom · Year: 2021 · Status: In force · Level: National · Type: Voluntary

As part of its Green Industrial Revolution, the government will inject a GBP 166.5 million to drive forward developments in critical technology, including carbon capture, greenhouse gas removal and hydrogen.

This funding package will help benefit energy-intensive businesses like Tate & Lyle, BAE Systems and Celsa Manufacturing, creating over 60,000 well-paid green jobs across the UK, cutting business costs and helping to revitalize industrial heartlands.

GBP 86 million of the total funding package comes from the government’s GBP 1 billion Net Zero Innovation Portfolio.

Official source: https://www.gov.uk/government/news/166-million-cash-injection-for-green-technology-and-60000-uk-jobs

Source

https://www.iea.org/policies/13801

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