Today the Prime Minister has announced his ambitious ten-point plan for the Green Industrial Revolution, which will create and support up to 250,000 British jobs:
- Offshore wind: Producing enough offshore wind to power every home, quadrupling how much we produce to 40GW by 2030, supporting up to 60,000 jobs.
- Hydrogen: Working with industry aiming to generate 5GW of low carbon hydrogen production capacity by 2030 for industry, transport, power and homes, and aiming to develop the first town heated entirely by hydrogen by the end of the decade.
- Nuclear: Advancing nuclear as a clean energy source, across large scale nuclear and developing the next generation of small and advanced reactors, which could support 10,000 jobs.
- Electric vehicles: Backing our world-leading car manufacturing bases including in the West Midlands, North East and North Wales to accelerate the transition to electric vehicles, and transforming our national infrastructure to better support electric vehicles.
- Public transport, cycling and walking: Making cycling and walking more attractive ways to travel and investing in zero-emission public transport of the future.
- Jet Zero and greener maritime: Supporting difficult-to-decarbonise industries to become greener through research projects for zero-emission planes and ships.
- Homes and public buildings: Making our homes, schools and hospitals greener, warmer and more energy efficient, whilst creating 50,000 jobs by 2030, and a target to install 600,000 heat pumps every year by 2028.
- Carbon capture: Becoming a world-leader in technology to capture and store harmful emissions away from the atmosphere, with a target to remove 10MT of carbon dioxide by 2030, equivalent to all emissions of the industrial Humber today.
- Nature: Protecting and restoring our natural environment, planting 30,000 hectares of trees every year, whilst creating and retaining thousands of jobs.
- Innovation and finance: Developing the cutting-edge technologies needed to reach these new energy ambitions and making the City of London the global centre of green finance.
The plan will utilise £12bn of government investment, including:
- An additional £200m to create two new carbon-capture clusters by the mid-2020s, with another two sets by 2030. This increases the total invested to £1bn and will create and support 50,000 new jobs.
- Up to £500m to launch home trials using hydrogen for heating and cooking, with plans for the first 'Hydrogen Town' to be up and running by the end of the decade.
- £525m to develop large- and small-scale nuclear plants, and to research and develop new advanced modular reactors.
- An end to the sale of new petrol and diesel cars and vans by 2030, supported by £1.3bn to accelerate the roll-out of electric vehicles charging points, £582m in grants for those buying zero or ultra-low emission vehicles, and nearly £500m to be spent over the next four years in developing and mass producing electric vehicle batteries.
Prime Minister Boris Johnson said:
Although this year has taken a very different path to the one we expected, I haven't lost sight of our ambitious plans to level up across the country. My Ten Point Plan will create, support and protect hundreds of thousands of green jobs, while making strides towards net zero by 2050.
Our green industrial revolution will be powered by the wind turbines of Scotland and the North East, propelled by the electric vehicles made in the Midlands and advanced by the latest technologies developed in Wales, so we can look ahead to a more prosperous, green future.