Government sets out the UK's path to net zero in its "Net Zero Strategy"

The commitments made will unlock up to £90 billion of private investment by 2030, and support 440,000 jobs in green industries in 2030. The aim of the strategy is to provide certainty to businesses to support the UK in gaining a competitive edge in the latest low carbon technologies – from heat pumps to electric vehicles – and in developing thriving green industries – from carbon capture to hydrogen, backed by new funding.

As part of the strategy, new investments announced includes:

• an extra £350 million of an up to £1 billion commitment to support the electrification of UK vehicles and their supply chains and another £620 million for targeted electric vehicle grants and infrastructure, particularly local on-street residential charge points, with plans to put thousands more zero emission cars and vans onto UK roads through a zero emission vehicle mandate
• working to kick-start the commercialisation of sustainable aviation fuel (SAF) made from sustainable materials such as everyday household waste, flue gases from industry, carbon captured from the atmosphere and excess electricity, which produce over 70% fewer carbon emissions than traditional jet fuel on a lifecycle basis. The ambition is to enable the delivery of 10% SAF by 2030 and the government will be supporting UK industry with £180 million in funding to support the development of UK SAF plants
• £140 million Industrial and Hydrogen Revenue Support scheme to accelerate industrial carbon capture and hydrogen, bridging the gap between industrial energy costs from gas and hydrogen and helping green hydrogen projects get off the ground. Two carbon capture clusters - Hynet Cluster in North West England and North Wales and the East Coast Cluster in Teesside and the Humber - will be at the forefront of this technology in the 2020s and revitalise industries in the North Sea – backed by the government’s £1 billion in support
• an extra £500 million towards innovation projects to develop the green technologies of the future, bringing the total funding for net zero research and innovation to at least £1.5 billion. This will support the most pioneering ideas and technologies to decarbonise our homes, industries, land and power
• £3.9 billion of new funding for decarbonising heat and buildings, including the new £450 million 3-year Boiler Upgrade Scheme, so homes and buildings are warmer, cheaper to heat and cleaner to run
• £124 million boost to the Nature for Climate Fund helping  towards meeting government commitments to restore approximately 280,000 hectares of peat in England by 2050 and treble woodland creation in England to meet the commitment to create at least 30,000 hectares of woodland per year across the UK by the end of this parliament
• £120 million towards the development of nuclear projects through the Future Nuclear Enabling Fund. There remain a number of optimal sites, including the Wylfa site in Anglesey.