Green boost to cut industry carbon emissions
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Six projects across the UK have received a share of £8 million in government funding as part of a drive to create the world’s first net zero emissions industrial zone by 2040.
Projects in Scotlandm the West Midlands, Tees Valley, North West, Humber and South Wales will see local authorities working with industry to develop plans to reduce carbon emissions, with one scheme alone - across the North West of England and North East Wales - aiming to create over 33,000 new jobs and more than £4 billion of investment as it bids to become the world’s first net zero industrial zone.
Energy Minister Kwasi Kwarteng said: "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.
"This funding will help key industrial areas meet the challenge of contributing to our cleaner future while maintaining their productive and competitive strengths.
The funding for the £170 million Industrial Decarbonisation Challenge is being made through the UK Research and Innovation (UKRI) Industrial Strategy Challenge Fund.
To achieve net zero by 2045 Scotland needs to decarbonise industry, transport, heat and power.
Scotland’s Net Zero Roadmap project (SNZR) will provide the roadmap to enable large-scale industrial CO2 emissions reduction in a way that focuses on ensuring the continued, but evolving, contribution of high-value industry and employment in a future net zero economy.
Led by Neccus, an alliance of industries and experts, the SNZR will provide the roadmap that enables the deployment of options in a way that ensures competitive decarbonisation through continued and growing prosperity across the economy.
Scotland is in a strong position to lead this new large scale CO2 management industry.
Much of the groups focus will be on the north-east as offshore Scotland has some of Europe’s best-characterised and largest CO2 storage sites while CCS and hydrogen will create opportunities for jobs and economic activity and help transition staff employed in sectors such as oil and gas.