Further information

Net Zero

Create a green future which embraces economic opportunities to drive wealth and prosperity

The commitment to achieving net zero is a tremendous opportunity to stimulate economic growth, cultivate sustainable industries, and secure a prosperous future for generations to come.

By strategically investing in the development and expansion of net zero industries, local leaders will create a thriving ecosystem that unlocks new economic potential.

This includes supporting renewable energy projects, fostering green technologies, and nurturing sustainable businesses.

By doing so, we will not only mitigate the impacts of climate change but also create a diverse range of jobs and position our communities as leaders in the global green economy.

The deal will:

  • Take advantage of the jobs that Carbon Capture Storage and Usage offers.
  • Foster partnerships between local businesses, research institutions, and entrepreneurs to spur innovation in clean technologies and sustainable practices.
  • Support the development of green infrastructure, such as electric vehicle charging stations and renewable energy installations, to accelerate the transition to a low-carbon economy.
  • Promote energy efficiency measures in residential, commercial, and industrial buildings to reduce emissions and lower energy costs.
  • Ensure the security of energy supply for the whole country.
  • Reduce the costs of energy creation and distribution.
  • Creating a competitive advantage for local businesses through new product development and business models.