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'Our seas hold immense potential': PM unveils £160m offshore wind investment

Business Green

Boris Johnson is set to cast a major vote of confidence in the UK's flourishing offshore wind sector tomorrow in a bid to help the country "build back greener", confirming a higher target for 40GW of capacity by 2030, backed by £160m investment towards state-of-the-art turbine manufacturing.

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'Our seas hold immense potential': PM pledges to power all UK homes with offshore wind by 2030

Business Green

Boris Johnson trails first stage in '10-point plan' for a green industrial revolution, as government confirms new £160m wind turbine manufacturing investment. So we are committing to new ambitious targets and investment into wind power to accelerate our progress towards net zero emissions by 2050.

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Spring Budget: Chancellor to press button on clean energy reset with £20bn carbon capture pledge

Business Green

Next week's Budget will feature a wide-ranging new clean energy package designed to mobilise £20bn of investment in the UK, Treasury confirms The Chancellor will next week promise to "reset" the UK's decarbonisation and energy security plans through an "unprecedented" £20bn investment in carbon capture and clean energy infrastructure.

Carbon 69
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Liz Truss prepares to announce energy price freeze plan

Business Green

And there were conflicting reports over the price tag attached to the new support package. Truss ally Iain Duncan Smith told The Times the package was likely to cost in the region of £90bn, while other reports put the estimated cost at £100bn and Bloomberg reported the total cost could reach £130bn.

Energy 69
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Global Briefing: EU set to push for more stretching 2030 climate target

Business Green

Poland accelerates coal phase out, pushes for nuclear and offshore wind. Poland is the only member of the EU which has so far refused to commit to net zero emissions by 2050, with the country seeking more time to reconfigure its economy, which is heavily reliant on coal-fired power stations and coal mining.

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Jeff Bezos And Amazon Can Empower Consumers On The Greatest Challenge Of Our Time

Jigar Shah

Don’t get me wrong: Bezos has invested before in endeavors crucial to the harmony of our country and our world, including bolstering a free and independent press. Clean Electricity Like their peers, Amazon has been transitioning to fuel its data centers with solar and wind power. Like, for example, climate change.

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Energy Security Strategy: Government promises 'major acceleration of homegrown power'

Business Green

However, with calls growing for European governments to impose sanctions on fossil fuel exports from Russia in response to the latest atrocities in Ukraine, campaigners slammed the proposed package of measures arguing that it was badly underpowered and would "do nothing to help the UK get off Russian gas this year". this summer.