Northern enterprise partnerships publish plan to go green and boost the economy
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According to the NP11’s Net Zero North Prospectus, there are four key areas where the North has world-leading capabilities that could drive the UK’s Green Industrial Revolution: Offshore technologies; new nuclear; hydrogen and Carbon Capture, Utilisation and Storage; and making the most of the North’s outstanding natural assets.
It said the North already generates 50 per cent of England’s renewable energy and is reducing emissions 13 per cent faster than the UK as a whole.
However, the scale of its industrial and manufacturing base means that it is still responsible for a quarter of the UK’s annual carbon emissions.
Previous research by the NP11 highlighted the potential to create 100,000 new green jobs by 2050, grow the economy by £2.3bn a year and attract an additional £2bn a year of investment into the North’s energy economy.
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Hide AdAmong the projects it suggests are further development of offshore wind capabilities in the North Sea and the Mersey Tidal Power project; new nuclear in Cumbria and Lancashire; and advanced manufacturing research and innovation in South Yorkshire; plus tree planting and restoration of bog land across the region.
Clare Hayward, one of two lead NP11 Board members for clean growth, said: “Rising energy costs are causing significant concern for people and businesses across the North so we must begin putting the welcome commitments the UK government made at COP 26 into action as a matter of urgency.
“The North is already leading the way in responding to the Government’s 10-point plan and this Prospectus sets out a compelling offer to the Government for how the North can help them achieve their ambitions – not just on making the transition to Net Zero by 2050, but on levelling up the North’s economy, creating thousands of new green jobs, and developing new export and investment opportunities that will boost the competitiveness of Global Britain.