Britain launches $300m industry decarbonisation programme

Authorities aim to help businesses in the least environmentally friendly and most energy-intensive sectors of the economy reduce carbon emissions

Britain launches $300m industry decarbonisation programme

The UK government has launched a £220m ($300m) programme to encourage the use of green technologies in industry. The corresponding message was published on Wednesday on the official website of the Cabinet.

The authorities intend to help some of the companies in the least environmentally friendly and most energy-intensive sectors of the economy to reduce carbon emissions into the atmosphere and reduce energy costs. Pharmaceutical and steel companies, as well as paper, food and beverage makers, would be eligible for grants of up to 30 million pounds ($40.9 million) to use environmentally friendly technologies in their production facilities, such as more energy-efficient boilers, electric motors, heat pumps and technologies for carbon capture and storage and converting surplus heat into electricity.

“Through innovation and investment across the economy, we can deliver a green industrial revolution in the UK. But we know that this will lead to significant changes in the way the most polluting and energy-intensive industries operate,” Prime Minister Boris Johnson said in this regard.

Industry currently accounts for around 16% of the UK’s total carbon emissions. The government specifies that emissions need to be cut by two-thirds by 2035 and reduced to zero by 2050.

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