The UK unveils a €13bn programme for a green industrial revolution by 2030
The UK government has unveiled its Ten Point Plan for a Green Industrial Revolution by 2030. The policy will mobilise £12bn (€13.4bn) of government investment to cut greenhouse gas (GHG) emissions to net-zero by 2050. The UK government raised its target for offshore wind power capacity by 2030 from 30 GW to 40 GW. The country will invest £525 (€588m) million to help develop large and smaller-scale nuclear plants, and research and develop new advanced modular reactors and £500m (€560m) to generate 5 GW of low carbon hydrogen production capacity by 2030 for industry, transport, power and homes. In addition, the government set aside £200m (€224m) of new funding to create two carbon capture and storage (CCS) clusters by the mid-2020s with a target to remove 10 MtCO2 by 2030. Finally, the United Kingdom will end the sale of new petrol and diesel cars and vans by 2030.
In June 2019, the United Kingdom adopted a law requiring to bring all GHG emissions to net-zero by 2050. This means that the UK will continue to cut its GHG emissions and that residual emissions will have to be balanced by schemes to offset an equivalent amount of GHG, such as planting trees or using technology like CCS.
Then Global Energy Market Data & CO2 is your database! We provide world coverage of the oil, gas, coal, and power markets and a detailed overview of national supply & demand with annual data going back to 1970.
This energy database leverages more than 200 official data sources, which are processed by our analysts to provide fully harmonized data sets that are updated monthly.
The European renewable report focuses on the different renewable energies for each country in Europe.
It covers the different support schemes used to promote renewable energy in for major sources of renewable energy: hydroelectricity, wind, solar, liquid biofuels for transportation, geothermal and oceanic sources (wave, tidal and thermal).