Britain launches £ 220million support package for industry to go green



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Smoke rises above a factory as the sun sets in Rugby, Britain on February 10, 2021. REUTERS / Matthew Childs / File Photo

LONDON, Sept. 22 (Reuters) – The UK has launched a £ 220m ($ 300m) investment program to help some of the most polluting industries reduce their fossil fuel use and emissions, a he announced on Wednesday.

The move comes as industrial energy users grapple with record wholesale electricity and gas prices that have forced some companies to cut production. Read more

Steel companies, food and drink makers, paper producers and others will be able to apply for grants of up to £ 30million to invest in low-carbon technologies, such as boilers and pumps more efficient heat or carbon capture and storage technologies.

“With innovation and investment across the economy, we can fuel the UK’s Green Industrial Revolution. But we know that for the most polluting and energy-intensive businesses it will mean a big change. in the way they operate, ”Prime Minister Boris Johnson said. A declaration.

Britain, which aims to reach net zero emissions by 2050, has significantly reduced emissions from the electricity sector, but is finding it harder to cut industrial emissions.

($ 1 = 0.7332 pounds)

Reporting by Susanna Twidale; Editing by Edmund Blair

Our Standards: Thomson Reuters Trust Principles.

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