November 18, 2020

Our Ten Point Plan for a Green Industrial Revolution

The Prime Minister has now laid out his new ambitious ten point plan to create a Green Industrial Revolution – which will create and support hundreds of thousands of jobs across the UK.

The blueprint of his Green Industrial Revolution Blueprint is built around the UK’s strengths and industrial heartlands to level up and Build Back Greener, with new investment as part of £12 billion mobilised, with potentially more than three times as much from the private sector.

The Prime Minister’s blueprint will allow the UK to forge ahead with eradicating its contribution to climate change by 2050.

The Green Industrial Revolution will especially cover clean energy, transport, nature and innovative technologies. This will be particularly crucial in the run up to the COP26 climate summit in Glasgow next year.

The plan will mobilise £12 billion of government investment to create and support up to 250,000 highly-skilled green jobs in the UK, and spur over three times as much private sector investment by 2030.

Ten Points of the Green Industrial Revolution

The Prime Minister’s ten points, which are built around the UK’s strengths, are:

  1. Offshore wind: Producing enough offshore wind to power every home, quadrupling how much we produce to 40GW by 2030, supporting up to 60,000 jobs.
  2. Hydrogen: Working with industry aiming to generate 5GW of low carbon hydrogen production capacity by 2030 for industry, transport, power and homes, and aiming to develop the first town heated entirely by hydrogen by the end of the decade.
  3. Nuclear: Advancing nuclear as a clean energy source, across large scale nuclear and developing the next generation of small and advanced reactors, which could support 10,000 jobs.
  4. Electric vehicles: Backing our world-leading car manufacturing bases including in the West Midlands, North East and North Wales to accelerate the transition to electric vehicles, and transforming our national infrastructure to better support electric vehicles.
  5. Public transport, cycling and walking: Making cycling and walking more attractive ways to travel and investing in zero-emission public transport of the future.
  6. Jet Zero and greener maritime: Supporting difficult-to-decarbonise industries to become greener through research projects for zero-emission planes and ships.
  7. Homes and public buildings: Making our homes, schools and hospitals greener, warmer and more energy efficient, whilst creating 50,000 jobs by 2030, and a target to install 600,000 heat pumps every year by 2028.
  8. Carbon capture: Becoming a world-leader in technology to capture and store harmful emissions away from the atmosphere, with a target to remove 10MT of carbon dioxide by 2030, equivalent to all emissions of the industrial Humber today.
  9. Nature: Protecting and restoring our natural environment, planting 30,000 hectares of trees every year, whilst creating and retaining thousands of jobs.
  10. Innovation and finance: Developing the cutting-edge technologies needed to reach these new energy ambitions and make the City of London the global centre of green finance.

Prime Minister Boris Johnson said:

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. My Ten Point Plan will create, support and protect hundreds of thousands of green jobs, whilst making strides towards Net Zero by 2050.

Our green industrial revolution will be powered by the wind turbines of Scotland and the North East, propelled by the electric vehicles made in the Midlands and advanced by the latest technologies developed in Wales, so we can look ahead to a more prosperous, greener future.

Our Extra Investment to Build Back Greener

To deliver on the plan, the Prime Minister has announced huge new investment projects, so Britain can build a green industrial revolution across the United Kingdom.

Carbon capture: To revitalise the birthplaces of the first industrial revolution, the UK will be at the global forefront of carbon capture, usage and storage technology, benefiting regions with industries that are particularly difficult to decarbonise.  

Hydrogen: Up to £500 million, including for trialling homes using hydrogen for heating and cooking, supporting tens of thousands of homes by the end of the decade.

Nuclear: £525 million to help develop large and smaller-scale nuclear plants, and research and develop new advanced modular reactors.

Electric vehicles: The Prime Minister has confirmed that the UK will end the sale of new petrol and diesel cars and vans by 2030, ten years earlier than planned. And we will allow the sale of some hybrid cars and vans until 2035.

Homes and public buildings: £1 billion next year into making new and existing homes and public buildings more efficient, extending the Green Homes Grant voucher scheme by a year and making public sector buildings greener and cutting bills for hospitals and schools, as part of the Public Sector Decarbonisation Scheme.

Greener maritime: £20 million for a competition to develop clean maritime technology, such as feasibility studies on key sites, including Orkney and Teesside.

Supporting the Car Industry switching to Green

The UK car industry already manufactures a significant proportion of electric vehicles in Europe, including one of the most popular models in the world. And encouraging more people to make the switch to electric vehicles will be crucial for achieving our manifesto commitments.

To support this acceleration, the Prime Minister has announced:

  • £1.3 billion to accelerate the rollout of charge points for electric vehicles in homes, streets and on motorways across England, so people can more easily and conveniently charge their cars.
  • £582 million in grants for those buying zero or ultra-low emission vehicles to make them cheaper to buy and incentivise more people to make the transition.
  • Nearly £500 million to be spent in the next four years for the development and mass-scale production of electric vehicle batteries, as part of our commitment to provide up to £1 billion, boosting international investment into our strong manufacturing bases including in the Midlands and North East.

This will help protect and create thousands of new jobs, particularly in the Midlands, North East, and North Wales.

Our Path to Net Zero

These new commitments backed by government funding send a clear signal to industries across the British economy to invest in the UK, which is why today the Prime Minister will host a virtual roundtable with green investors to set out his ambitious plan and incentivise further private sector investment.

We’re meeting our manifesto pledge to reach Net Zero by 2050, with further plans to reduce emissions whilst creating jobs to follow over the next year in the run up to the international COP26 climate summit in Glasgow next year.

Region Labour's Pension Tax (£) Extra Months to Work
England 11,167 44
East Midlands 6,150 50
Greater London 12,871 45
North East 9,758 38
North West 6,835 47
South East 14,270 40
South West 7,407 45
West Midlands 10,729 41
Northern Ireland 13,718 35
Scotland 10,653 41
Wales 11,691 36
United Kingdom 11,253 43

Commenting, Therese Coffey, Secretary of State for the Department of Work and Pensions, said:

“Corbyn’s Pension Tax will see ten million savers facing a huge bill forcing them to delay their retirement for almost three and a half years.
“This is just one of the ways a Corbyn government would hammer hardworking people on top of his plans to hike up taxes by £2,400 a year, as well as the cost of his plan for unlimited immigration and the chaos of 2020 being dominated by two more referendums – one on Brexit and another on Scottish independence.
“Only Boris Johnson and the Conservative Party can get Brexit done with a deal, get parliament working again and turbocharge our economy to unleash Britain’s potential.”

Read more about how this Pension Tax will impact millions of savers (PDF)