Britain just dropped a climate action bombshell 💣: A £21.7 billion ($28.46B) clean energy package targeting carbon capture and hydrogen projects in northern England! This 25-year plan aims to turbocharge the UK’s journey to net-zero emissions by 2050 while creating thousands of jobs. 🚀
Chancellor Rachel Reeves called it a \"game-changing\" move that could slash 8.5 million tonnes of CO₂ annually – equal to removing 4 million cars from roads. Northern industrial hubs like Merseyside and Teesside will become ground zero for capturing emissions from factories and storing them under the Irish Sea 🌊 (thanks to Italy’s Eni energy group) or North Sea (via BP and Equinor projects).
💡 Why it matters: Carbon Capture and Storage (CCS) tech could be the cheat code 🎮 to decarbonize heavy industries without shutting them down. The funding revives a stalled £20B plan from the previous government, now supercharged with private investments.
\"This isn’t just about saving the planet – it’s about powering up our economy,\" Reeves emphasized, highlighting 4,000 new green jobs and regional growth. With global energy giants onboard, northern England might soon become Europe’s green tech lab 🧪. Who said climate action can’t be lit? 🔥
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Britain promises up to 21.7 billion pounds for cleaner energy
cgtn.com