Energy white paper sets out path to net zero

Aimed at supporting hundreds of thousands of new jobs through a decarbonised economy, the white paper details how the move to cleaner energy sources will put the UK ‘at the forefront of the global green industrial revolution’.

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“Today’s plan establishes a decisive and permanent shift away from our dependence on fossil fuels,” business and energy secretary Alok Sharma said in a statement. “Through a major programme of investment and reform, we are determined to both decarbonise our economy in the most cost-effective way, while creating new sunrise industries and revitalising our industrial heartlands that will support new green jobs for generations to come.”

Key tenets in the white paper include £1bn invested into CCS (carbon capture and storage) in four industrial clusters by 2030, and setting a 5GW target for hydrogen production, including a new £240m net zero Hydrogen Fund for low carbon hydrogen production.