Today, the Government announced £22 billion of funding to be directed towards CCUS and blue hydrogen plants. This is a positive step in delivering a productive UK carbon capture market.
At the same time, it is vital that pledges are backed up with action and disbursed funds, and that priority is given, not only to mature sectors and carbon capture technologies, but also to innovative solutions that wholly design carbon emissions out of industrial processes.
“The UK is a global innovation leader. By working closely with the cleantech community, Government can ensure that public investments effectively deliver on our country’s clean energy ambitions.”
- Sarah Mackintosh, Director, Cleantech for UK
Cleantech for UK encourages greater transparency in the allocation of funds and calls for a balanced approach between established players and innovative startups. The focus should be on scalable, long-term solutions that advance both economic and environmental goals.
“While CCUS and hydrogen are vital, prioritising investment in nascent cleantech innovation can unlock additional underexplored opportunities for low-emissions economic growth all across the UK. "
- Charlie Garner, Policy Analyst, Cleantech for UK
The UK cleantech sector is ready to deliver thousands of jobs across the UK, while decarbonising the economy. To do so, it needs public support to scale and deploy the most cutting-edge clean technology solutions developed in the country. Cleantech for UK is optimistic that the government is well-poised to continue backing transformative breakthroughs and strengthen our global competitiveness in an ongoing race for clean industrial leadership.
