London Daily

Focus on the big picture.
Saturday, Mar 14, 2026

Facing an epic recession, Britain unveils its 'green industrial revolution' to jumpstart economy, create jobs

Facing an epic recession, Britain unveils its 'green industrial revolution' to jumpstart economy, create jobs

U.K. Prime Minister Boris Johnson sees his ambitious 12 billion-pound plan as a way to jumpstart growth.

U.K. Prime Minister Boris Johnson announced a 12 billion-pound ($15.9 billion) plan to boost green industries and tackle climate change, in a blueprint he says will create or support as many as 250,000 jobs.

As he seeks to relaunch his premiership and revive the economy, Johnson aims to use his plan for a “green industrial revolution” to deliver on his pledge to invest in former industrial heartlands that voted for him at last year’s election.

Under the wide-ranging proposals, sales of new petrol and diesel cars will be banned from 2030, the government will back investment in electric vehicles, hydrogen, wind and nuclear power, and measures to make homes more energy efficient.

“Although this year has taken a very different path to the one we expected, I haven’t lost sight of our ambitious plans to level up across the country,” Johnson said in a statement released by his office. “My ten-point plan will create, support and protect hundreds of thousands of green jobs, whilst making strides towards net zero by 2050.”

Climate Summit


Britain is due to host next year’s COP26 global climate change summit in Scotland and has committed to a net zero carbon economy by 2050. The premier also intends to use his commitment to tackling climate change to help build a strong partnership with U.S. President-elect Joe Biden.

The most radical policy is perhaps the phasing out of diesel and gas car sales by 2030, 10 years earlier than previously scheduled. This puts the U.K. ahead of France and Spain, which have 2040 target dates, and in line with Ireland and the Netherlands. The only country with a more ambitious target for such a ban is Norway, with a date of 2025.

A U.K. government spokeswoman said the plan included at least 3 billion pounds of new government spending.

Johnson's Ten-Point Plan


1. Offshore wind: Quadruple U.K. production to 40 gigawatts by 2030, supporting up to 60,000 jobs.

2. Hydrogen: Generate 5GW of low-carbon hydrogen production capacity by 2030. Develop the first town heated entirely by hydrogen by 2030.

3. Nuclear: Advance nuclear as clean energy source by developing large and smaller-scale plants, which could support 10,000 jobs.

4. Electric vehicles: End sale of new petrol and diesel cars by 2030, but allow sale of hybrid vehicles until 2035. Accelerate transition to electric vehicles.

5. Public transport, cycling and walking: Make cycling and walking more attractive, invest in zero-emission public transport.

6. Zero-emission planes and ships: Support “difficult-to-decarbonize” industries to become greener.

7. Homes and public buildings: Make these greener, warmer and more energy-efficient, creating 50,000 jobs by 2030.

8. Carbon capture: Remove 10 million tonnes of carbon dioxide by 2030.

9. Nature: Plant 30,000 hectares of trees every year.

10. Innovation and finance: Develop cutting-edge technologies and make the City of London a global center of green finance.

Landmark announcement


Greenpeace U.K.’s head of politics, Rebecca Newsom, welcomed the “landmark announcement” signaling the end for polluting cars and vans, as “a historic turning point” in addressing climate change.

“Although there are some significant question marks and gaps, overall this is a big step forward for tackling the climate emergency,” Newsom said.

Lord Nicholas Stern, Chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science, said the plan represents “a crucial next step” to a low carbon economy, but called for more spending to deliver it.

The government will invest 1.3 billion pounds on speeding up the roll-out of charging points for electric vehicles in residential streets, homes and highways in England, with 582 million pounds in grants to encourage consumers to buy zero or ultra-low emission vehicles.

Nearly 500 million pounds will be spent in the next four years to boost the production of electric vehicle batteries.

Cooking on Hydrogen


Government will spend as much as 500 million pounds on trial programs to test the use of hydrogen for heating and cooking at home.

Some 525 million pounds of state funding will go to help develop large and smaller-scale nuclear plants, and research and develop new advanced modular reactors.

Britain needs both small and large-scale nuclear technologies to meet its climate change commitments, according to the plan being drafted by officials. That could be good news for Electricite de France SA and its Sizewell C plant - the only project still in the development pipeline after Hitachi Ltd exited a development in Wales.

The government says it wants to see small-scale reactors built, too. Small modular reactors have been promoted by the nuclear industry as a way to blend steady atomic generation with intermittent renewable energy.

Nuclear Power


How Sizewell will be financed remains an open question with the government expected to draw a conclusion on its preferred financing model in the energy white paper before the end of the year.

The hydrogen target is in line with industry demands. RenewableUK had urged the government to set a target of 5GW of renewable electrolyser capacity by 2030, rising to 10GW by 2035.

Johnson announced new investment including an extra 200 million pounds on carbon capture, usage and storage technology, designed to catch carbon dioxide and bury it underground to stop it entering the atmosphere.

This will see two new carbon capture and storage “clusters” built by the middle of this decade, helping to support 50,000 jobs, potentially in parts of northeastern England where heavy industry has been in decline.

The opposition Labour Party said the government investment will not be enough.

“The funding in this long-awaited announcement doesn’t remotely meet the scale of what is needed to tackle the unemployment emergency and climate emergency we are facing, and pales in comparison to the tens of billions committed by France and Germany,” the party’s energy spokesman Ed Miliband said.

Newsletter

Related Articles

0:00
0:00
Close
Middle East War Highlights Strategic Importance of Strong UK–Ireland Cooperation
Weak Growth Signals UK Economy Was Faltering Even Before Middle East Energy Shock
Marks & Spencer Tops UK Fashion Retail Rankings as Most Considered Brand
United States Launches Trade Investigation Into Allies Over Forced Labour Practices
United States Launches Trade Investigation Into Allies Over Forced Labour Practices
Russia Accuses Britain Over Storm Shadow Strike as London Reaffirms Ukraine’s Right to Self-Defence
Russia Accuses Britain Over Storm Shadow Strike as London Reaffirms Ukraine’s Right to Self-Defence
Royal Navy to Acquire Twenty Uncrewed Surface Vessels for Autonomous Warfare Testing
Russia Summons British and French Envoys After Ukrainian Storm Shadow Strike on Strategic Facility
Starmer Confirms Britain Will Maintain Sanctions on Russia Despite U.S. Policy Shift
UK Moves to Refine AI Definition in Investment Security Reform
UK Economy Stalls in January as Growth Unexpectedly Falls to Zero
Asian Energy Security Tested as Strait of Hormuz Disruption Threatens Oil Supplies
Iran Sets Three Conditions for Ending Regional War as Diplomatic Efforts Intensify
Tesla Secures Approval to Supply Electricity Directly to Homes Across Britain
Prince William Delivers Tribute to Australia’s Naval Alliance Amid Renewed Royal Spotlight on the Country
UK Foreign Secretary Travels to Saudi Arabia to Reinforce Support for Regional Allies
Putin’s ‘Hidden Hand’ May Be Assisting Iran in Conflict With Trump, UK Defence Secretary Warns
UK Sets April Deadline for Tech Platforms to Strengthen Online Protections for Children
Elon Musk Moves Into Britain’s Energy Market as Tesla Wins Licence to Supply Power
UK Watchdog Warns Fuel Retailers Against Profiteering Amid Iran War Price Surge
Report Claims Iran Used UK Charity Network to Expand Influence
United States and United Kingdom Establish Joint Standards for Counter-Drone Technology
Iran May Be Laying Naval Mines in Strait of Hormuz, UK Warns Amid Escalating Gulf Tensions
US Deploys Bunker-Buster Bombs to UK Airbase as Iran Conflict Intensifies
British Troops in Iraq Intercept Iranian Drones Targeting Coalition Base
Release of Mandelson Files Raises Tensions as UK Seeks Stable Relations With Donald Trump
UK Documents Reveal Starmer Was Warned About Mandelson’s Epstein Links Before Ambassador Appointment
Nearly Five Hundred UK Mortgage Deals Withdrawn in Two Days as Market Volatility Forces Lenders to Reprice
Three Cargo Ships Hit Near Iran as Attacks Spread to Strategic Strait of Hormuz
Why British Police Repeatedly Declined to Investigate Jeffrey Epstein’s UK Links
UK Parliament Ends Hereditary Seats in House of Lords, Closing Chapter on Centuries of Aristocratic Lawmaking
EU and UK Urge Israel to Act Against Rising West Bank Settler Violence Amid Regional Tensions
US Senator John Kennedy Says Keir Starmer Should Not Be Trusted for Military Advice Amid Iran War Debate
UK High Court Rejects Attempt to Revive Terrorism Charge Against Kneecap Rapper
Revolut Secures Full UK Banking Licence After Multi-Year Regulatory Wait
Kentucky’s Bench Boost Powers Wildcats Past LSU in SEC Tournament Opener
British Couple Die After Being Pulled From Water at Australian Beach During Family Visit
Global Energy Agency Announces Record Release of 400 Million Barrels to Stabilize Oil Markets Amid Hormuz Disruption
British Airways Suspends UK Repatriation Flights as Middle East Travel Disruption Deepens
US Forces Prepare Ordnance at RAF Fairford as Strategic Bombers Deploy for Middle East Operations
Nigel Farage Faces Criticism After Saying Britain Should Stay Out of Iran War
Landmark UK Trial Begins Over Sony’s PlayStation Store Pricing
UK High Court Rejects Bid to Challenge Britain’s Chagos Islands Agreement With Mauritius
Finnish Duo Triumphs in England’s Annual Wife-Carrying Race, Winning a Barrel of Ale
How U.S. and UK National Security Strategies Are Reshaping the Global Business Landscape
Green Party Gains Momentum as Labour Shifts Toward the Political Centre
Royal Navy Destroyer HMS Dragon Sets Sail for Eastern Mediterranean as Regional Tensions Rise
UK Homebuilder Persimmon Warns Iran Conflict Could Dent Property Buyer Confidence
Roman Abramovich Signals Legal Fight if UK Seeks to Seize Chelsea Sale Funds
×