UK projects presented £8m for world’s 1st net zero zone: Six projects throughout the UK have been given a share of £8 million in government funds in a attempt to build the ‘world’s first’ carbon neutral industrial zone by 2040.
Undertakings in the West Midlands, Tees Valley, North West, Humber, Scotland & South Wales will see local authorities working alongside industry to create plans to lower carbon dioxide emissions.
One course of action alone throughout the North West of England & North East Wales is estimated to create over 33,000 new jobs and £4 billion of assets.
In the middle of the beneficiaries, is the ‘Humber Industrial Cluster Plan’, which will analyse how hydrogen infrastructure and carbon capture as well as storage technology can be escalated to help the area reach net zero by 2040.
As shown in the research, the Humber, which is thought to be one of the most susceptible areas to climate change, emits more CO2 than any other industrial cluster.
The essential industrial areas will have their industrial clusters trying to jointly reduce their carbon dioxide emissions nearest to zero as possible utilising low carbon energy sources & current tech like carbon capture.
Energy Minister Kwasi Kwarteng stated: “The UK is leading the world’s green industrial revolution, with ambitious targets to decarbonise our economy and create hundreds of thousands of jobs.
“As we continue to level up the UK economy and build back greener, we must ensure every sector is reducing carbon emissions to help us achieve our commitment to net zero emissions by 2050.”
UK projects presented £8m for world’s 1st net zero zone