Billionaire Bamford gets taxpayer cash for green buses telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.
And the Bank of England s remit was expanded to include the Government s drive to net zero - eliminating or offsetting all greenhouse gas emissions by 2050. The green power industry got a series of boosts including funding for new port infrastructure to build offshore wind projects in Teesside and Humberside.
The Government is committed to quadrupling offshore wind power by 2030 to generate enough electricity to power every home - an ambitious target that will require one turbine installed every weekday for the next nine years.
Mr Sunak also committed funding to the Holyhead hydrogen hub to develop a new source of renewable energy and backed the Aberdeen Energy Transition Zone to help the shift from North Sea oil and gas to renewables.
Budget 2021: Environmentalists blast Rishi Sunak s plans for green growth dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.
Currently GDP per capita across the Haven Gateway significantly trails the broader East of England region, so this bid perfectly fits the government’s ambitious levelling up agenda.
“Freeport East will also use our location at the heart of massive new wind and nuclear generation projects to become a national centre of technical excellence.”
Bernard Jenkin, MP for Harwich and North Essex, said: “This bid is economically the most significant for the UK economy as a whole. Felixstowe-Harwich is the UK s biggest port. We serve the UK s biggest exporters, have the biggest reach into our industrial heartlands, we will generate the most levelling up, and we offer the biggest contribution to carbon reduction.
Hydrogen Industry Roadmap to be Defined by Global Governments & Energy Leaders at 2nd World Hydrogen Summit einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.