Business secretary announces £1bn low-carbon blueprint

The government will spend over £1 billion to cut emissions from industry, schools, and hospitals, as it announces an “ambitious blueprint” to deliver the world’s first low-carbon industrial sector.

The plans, which build on the prime minister’s 10-point plan for a green industrial revolution published last year, include an Industrial Decarbonisation Strategy which aims to slash emissions in the industrial sector by two thirds in 15 years.

The government said that new measures will put the UK at “the forefront of the global green industrial revolution,” creating up to 80,000 jobs over the next thirty years.

“We were the first major economy to put into law our target to end our contribution to climate change, and today we’re taking steps to be the first major economy to have its own low carbon industrial sector,” said business and energy secretary Kwasi Kwarteng. “While reaching our climate targets will require extensive change across our economy, we must do so in a way that protects jobs, creates new industries and attracts inward investment - without pushing emissions and business abroad."

He added: “Ahead of COP26, the UK is showing the world how we can cut emissions, create jobs and unleash private investment and economic growth. Today’s strategy builds on this winning formula as we transition low carbon and renewable energy sources, while supporting the competitiveness of Britain’s industrial base.”

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