UK Reveals Strategy To Reach Net-Zero By 2050

UK Reveals Strategy To Reach Net-Zero By 2050
The UK Government launched its strategy to reach net-zero emissions by 2050.

“By moving first and taking bold action, we will build a defining competitive edge in electric vehicles, offshore wind, carbon capture technology, and more, whilst supporting people and businesses along the way.

“With the major climate summit COP26 just around the corner, our strategy sets the example for other countries to build back greener too as we lead the charge towards global net-zero,” Johnson added.

“There is a global race to develop new green technology, kick-start new industries, and attract private investment. The countries that capture the benefits of this global green industrial revolution will enjoy unrivaled growth and prosperity for decades to come – and it’s our job to ensure the UK is fighting fit,” Business and Energy Secretary Kwasi Kwarteng stated.

“Today’s plan will not only unlock billions of pounds of investment to boost the UK’s competitive advantage in green technologies but will create thousands of jobs in new, future-proof industries – clearly demonstrating that going green and economic growth go hand in hand,” he claimed.

To contact the author, email bojan.lepic@rigzone.com


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