º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Economic Development

New climate target to cut º£½ÇÊÓÆµ emissions lapped up in the Humber

Boris Johnson says the new goal will mean the º£½ÇÊÓÆµ is cutting emissions faster than any major economy so far

Coal-fired power stations are about to be phased out and now targets for further emission busting are being raised.(Image: PA)

New targets to cut the º£½ÇÊÓÆµ’s emissions have been welcomed by those leading transformative projects in the most carbon intensive cluster in the º£½ÇÊÓÆµ.

Prime Minister Boris Johnson has upped the ambition to a 68 per cent cut on 1990 levels, a 7 per cent increase on that now enshrined in domestic climate law.

He said the “ambitious” target in the new climate plan – or nationally determined contribution (NDC) – under the Paris Agreement would see the º£½ÇÊÓÆµ cutting emissions at the fastest rate of any major economy so far.

The past year has seen carbon capture come to the fore, with two major projects taking in the Humber, and a £1 billion funding pot made available by the Chancellor, with bids now in.

Without addressing the huge concentration of heavy industry in the Humber - responsible for more than 18 million tonnes of CO2 annually - any national plan is unlikely to succeed.

Zero Carbon Humber, led by Equinor, involves hydrogen production and carbon capture use and storage, connecting the likes of Drax, SSE’s Keadby power cluster, British Steel and Saltend Chemicals Park.

Anders Opedal, chief executive of Equinor, said: “As a significant and growing investor in the º£½ÇÊÓÆµ, Equinor welcomes this increased climate ambition, which will encourage more investment and job creation in a º£½ÇÊÓÆµ low-carbon economy. Equinor aims to be a net-zero company by 2050, and works together with the º£½ÇÊÓÆµ government and society to develop solutions towards a low-carbon future.

“Equinor is currently actively involved in technology development, offshore wind, and hydrogen and carbon capture and storage projects in the º£½ÇÊÓÆµ. We look forward to future exciting announcements.”