February 13, 2025 09:24 GMT
EMISSIONS: UK Launches Clean Industry Bonus
EMISSIONS
The UK government launched new investment, Clean Industry Bonus, providing financial support to offshore wind developers to invest in industrial, oil and gas communities, it said.
- The scheme rewards developers who build sustainable low carbon factories, offshore wind blades, cables and ports to reduce industrial emissions
- The investment will come with an initial £27 million per GW of offshore wind projects, and up to £200 million in total funding across developers.
- The plan was first announced by UK PM Keir Starmer during COP29.
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