Vital UK £1bn plan revealed to cut emissions in industry: The UK Government has revealed a bold blueprint worth over £1 billion to cut emissions from industry, schools & hospitals to make it the world’s first low carbon industrial sector.
Buildng on the Prime Minister Boris Johnson’s Ten Point Plan for a Green Industrial Revolution published last year, the new Industrial Decarbonisation Strategy unveils the government’s concept for building a competitive and greener future for the manufacturing & construction sectors.
The measures are forecast to make and support 80,000 jobs throughout the next 30 years whilst reducing emissions by two-thirds in as little as 15 years.
The new strategy will give businesses long term certainty to invest in home-grown decarbonisation tech, like those that can capture & store carbon emissions from industrial plants and support existing industry to decarbonise as well as encourage the growth of new, low carbon industries in the UK to protect and build skilled jobs and businesses.
It further contains measures, with an projection of 20TWh of the UK industry’s energy supply switching from fossil fuels to low carbon alternatives by 2030 by building on the UK’s efforts in the transition to greener energy sources, helping industry to boost its low carbon energy use to about 40% of total energy consumption.
In addition, the government plans to bring in new rules on measuring the energy & carbon operation of the biggest commercial & industrial buildings, containing office blocks and factories, in both England and Wales.
The move is calculated to supply savings to businesses of about £2 billion per year in energy costs in 2030 and focus to lower yearly carbon emissions by more than 2 million tonnes – or about 10% of the current emissions from commercial & industrial buildings, equal to withdrawing emissions from a town the size of Doncaster.
Other essential pledges
More of the other vital UK £1bn plan assurances within the strategy contain ideas to use carbon pricing as a means for getting industry to take consideration of their emissions in business & investment decisions, set up the correct policy framework to guarantee the uptake of fuel switching in industry from fossil fuels to low carbon alternatives like hydrogen, electricity or biomass and set up a targeted method to mitigate against carbon leakage that fulfils the government’s domestic and global climate ambitions.
It also promises to make proposals for new product standards, allowing manufacturers to clearly differentiate their products from high carbon competitors, investigate the role of co-ordinated action on public procurement to make demand for green industrial products & use the government’s Infrastructure Delivery Taskforce, named ‘Project Speed’, to guarantee the land planning course is fit for building low carbon infrastructure.
Further, it will work with the re-constituted Steel Council to contemplate the consequences of the Climate Change Committee’s recommendations to set goals for ore-based steelmaking to attain net zero emissions by 2035, support the skills shift & contain expectations that industrial emissions will fall by two-thirds by 2035 & by at least 90% by 2050 and that at least 3 megatons of CO2 is captured inside the industry every year by 2030.
UK to fulfil “world’s 1st” low carbon industrial branch
Business & Energy Secretary Kwasi Kwarteng stated: “We were the first major economy to put into law our target to end our contribution to climate change and today we’re taking steps to be the first major economy to have its own low carbon industrial sector.
“While reaching our climate targets will require extensive change across our economy, we must do so in a way that protects jobs, creates new industries and attracts inward investment – without pushing emissions and business abroad.
“Ahead of COP26, the UK is showing the world how we can cut emissions, create jobs and unleash private investment and economic growth. Today’s strategy builds on this winning formula as we transition low carbon and renewable energy sources, while supporting the competitiveness of Britain’s industrial base. Backed by more than £1 billion investment, today’s plans will make a considerable dent in the amount of carbon emissions emitting from our economy and put us on the path to eliminate our contribution to climate change by 2050.”
Boosting the process
Nearly £171 million from the Industrial Decarbonisation Challenge has been distributed to 9 green tech projects in Scotland, South Wales & North West, Humber & Teesside in England, to take on engineering and design studies for the availability of decarbonisation infrastructure, like carbon capture, usage & storage (CCUS) & hydrogen.
Furthermore, about £932 million has been allocated to 429 projects throughout England to reduce carbon emissions from public buildings, as well as hospitals, schools & council buildings, with the Public Sector Decarbonisation Scheme funding low carbon heating systems, like heat pumps & energy efficiency actions like insulation and LED lighting.
The Greater Manchester Combined Authority are being supplied the funding to decarbonise 15 bodies of the Greater Manchester public estate, Leicester City Council to upgrade 93 buildings including 56 schools, Hertfordshire County Council to enhance 182 council buildings, containing 74 schools and 23 emergency service buildings & the Hull University Teaching Hospitals NHS Trust to set up solar panels, heat pumps & new roof insulation.
Vital UK £1bn plan revealed to cut emissions in industry