Over £500m new investment in green technologies for a cleaner and healthier future
Plans for a cleaner and healthier Britain stepped up a gear today (10 September 2019), as Ministers announced more than half a billion pounds of investment in green technologies
- £400 million fund to help develop rapid charging infrastructure points for electric vehicles
- First £70 million investment will create 3,000 new rapid charge points, more than doubling the number of rapid charge points across the UK by 2024
- Further £142.9m announced for R&D to combat air and water pollution, and increase sustainability to support Government’s ambitious commitment to tackling climate change
Plans for a cleaner and healthier Britain stepped up a gear today, as Ministers announced more than half a billion pounds of investment in green technologies.
The Treasury has launched a £400 million fund to bolster Britain’s electric vehicle charging infrastructure, with the first £70 million allocated for 3000 charge points – more than doubling the number across the UK to 5000.
Rapid charge points can recharge a family car in as little as 20 minutes, compared to existing technology which can take 40 minutes- making the reality of driving electric vehicles easier and more accessible for people across the country. The UK already has one of the largest electric vehicle charging networks in Europe, and this investment will help make that the fastest by installing state-of-the-art technology.
A review is currently underway to explore the provision of charge points across major road networks, meaning drivers could charge their car whilst stopping for a coffee at a service station. Today’s investment complements £1.5 billion support to boost the uptake of electric vehicles and make cleaner vehicles more accessible to everyone. This is part of the Government’s ambition to end the sale of petrol and diesel vehicles by 2040.
Also being announced today is £31.5 million for research into pioneering technologies to remove greenhouse gases from the atmosphere, and £22 million to research new kinds of air pollutants and minimise their effects on public health.
Exchequer Secretary Simon Clarke said:
“We are driving ahead with plans to make travel greener while backing British innovation and technology.
“I am delighted to announce this funding today that will more than double the number of rapid charge points for electric vehicles on our roads. Britain already boasts one of the biggest networks of charging infrastructure in Europe and soon we will have the fastest thanks to this investment.
“This is the latest in our proud record on climate change –having slashed emissions by over 40% since 1990, whilst simultaneously growing our economy, and setting an ambitious target for net zero emissions by 2050.”
Business, Energy and Clean Growth Minister Kwasi Kwarteng said:
“The UK has been going further and faster in tackling climate change by becoming the first major economy to legislate for net zero emissions by 2050 and helping us seize the opportunities of a greener future. With air pollution thought to kill as many as seven million people a year globally, it’s clear more needs to be done.
“That’s why we’re backing these initiatives, aimed at making improvements from battling air pollutants to protecting our invaluable sea life. These pioneering projects will help us maintain our world-leading position in this field, and to make further strides towards a more sustainable future for our planet.”
Transport Secretary Grant Shapps said:
“It’s fantastic there is already a rapid chargepoint at almost every motorway service station, and now more charging stations than petrol stations. But I want to see thousands more chargepoints installed across the UK.
“This fund will help drum up further investment in charging infrastructure from the private sector, so charging an electric car becomes as easy as plugging in a smart phone.”