The United Kingdom can have the world’s very first ‘net-zero carbon’ cluster of heavy industry by the year 2040 this has been possible because of the £170 million of new funding announced at COP24 climate talks in Poland. At COP24 climate talks the United Kingdom’s energy and clean growth minister Claire Perry has set world leading ambition for first “net-zero carbon” cluster by 2040 to cut emissions.
Using advanced technologies like carbon capture and storage the United Kingdom is aiming to become a world leader in clean technology and services. At present the industry accounts for around 25% of all greenhouse gas emissions in the United Kingdom with more than around two third of these industrial emissions coming from energy intensive industries which are often situated next to each other in clusters.
The new funding of £170 million will help heavy industries like steel, ceramics, cement, chemicals, paper and glass to share expertise and innovative low carbon solutions to clean up the air we breathe as we move to a greener, cleaner economy.
The United Kingdom has always been clear that the move to a cleaner economy should be both public and private sector led which is why the modern Industrial Strategy establishes clean growth as one of the greatest economic opportunities of our time with heavy industry now set to benefit from this new clean revolution.