19 Nov UK PM announces that now is the time to plan for a green recovery
A number of nations introducing economic stimulus recovery plans in response to the impacts of the pandemic. There has, however, been a certain level of scepticism in regards to how much value is being placed on sustainability, climate change and clean energy measures. The UK leader recently announced his commitment towards a green recovery. Boris Johnson announced that now is the time to make plans for a green recovery and to focus on delivering high skilled jobs that contribute towards making the nation cleaner and greener.
The UK PM announced that we were gradually taking ‘the upper hand’ in the fight against the pandemic, but that there was more work to be done. The PM emphasised the need for science to tackle the virus and how it can be applied to repair and rebuild the economic damage associated with Covid-19.
Mr Johnson described a vision of utilising clean technologies, using hydrogen at our homes, powering electric vehicles and harnessing the benefits of energy storage. The PM highlighted several areas including Teesside, Port Talbot, Merseyside and Mansfield as core locations associated with green technology and clean energy employment.
The 10 point plan announced by the PM is supported by £12 billion of government investment and a significant added figure of investment from the private sector. Mr Johnson described that employment will rise and that people will receive training for new green jobs via the government-led Lifetime Skills Guarantee.
The goal is that by implementing the 10-point plan, the UK can be transformed into a global leader for green technology and finance, providing a stable framework for further years of sustainable economic development.
A summary of the 10 point plan
- We transform the UK into the ‘Saudi Arabia of wind’, generating enough offshore wind capacity to power every home by 2030.
- Utilise the process of converting water into energy by investing more than £500 million into hydrogen.
- Proceed with plans for new nuclear power development, including small advanced modules through to large-scale facilities.
- Investment upwards of £2.8 billion into electric vehicles, accelerating the provision of charging infrastructure and developing long-lasting batteries in UK based gigafactories, and enabling the ban of selling petrol and diesel vehicles by 2030.
- Strive for the development of clean public transport, including the introduction of 1000s of green buses and expansive miles of cycling lanes.
- Continue to expand on the initial transatlantic flight with a zero-emission plan and apply this innovative technology to the shipping industry.
- Invest £1 billion to improve the efficiency of our homes, schools and hospitals, creating lower energy bills for all.
- Create a leading industry for carbon capture and energy storage, supported by £1 billion government investment for regional hubs.
- Utilise nature for absorbing carbon by planting 30,000 hectares of trees every year by 2025 and ‘rewilding’ the equivalent of 30,000 football pitches of our countryside.
- Use the £1 billion energy innovation fund to support the development of new low-carbon technologies, including the first liquid air battery in the world, transforming London into a global leader for green finance.
The PM stated that he intends to meet with UK businesses to discuss in detail their contribution towards the measures. Mr Johnson emphasised that the government will produce a clear plan of action detailing the procurement of clean energy, what regulations will change, and the carbon prices applied to emissions.
A dedicated group referred by the PM as the “task force net zero” will be developed and will focus on reaching the target of net zero by 2050. With the upcoming COP26 summit, the UK government will urge other nations and businesses to collaborate and join the UK in reaching net-zero worldwide.
Boris Johnson ended the statement by emphasising that a green future and further development can go ‘hand-in-hand’, referring to the new measures in the plan as the most innovative and ambitious programmes of job-creation ever known.