Half a billion boost for green tech

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The Government has announced investment programmes for ‘green’ technologies potentially worth over £500m.

The majority of funds are earmarked for improvements to electric vehicle charging infrastructure and around £143m is planned for supporting projects aimed at controlling air pollution, developing ‘cleaner’ food systems, reusing and recycling schemes and helping sustainably manage the UK’s marine resource.

Around £400m is set aside to bolster Britain’s electric vehicle charging infrastructure, with the first £70m allocated for 3,000 charge points – more than doubling the number across the UK to 5,000.

The further £143m will be spent on research and development projects:

  • £31.5m for Greenhouse Gas Removal Technologies
  • £22m to address indoor and outdoor pollution
  • £47m to address ‘cleaner’ food systems for healthy people and a healthy planet
  • £30m to develop new and innovative ways to reuse and recycle materials
  • £12.4m to help the UK better manage marine resources

Read more here or please contact Andrew Davison on 0191 211 7950 for help with your energy related legal needs.