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UK govt teams up with Bill Gates – (coyly – no public mention of nuclear)

Government teams up with Bill Gates and top corporates to catalyse wave of
green [?] tech investment. Prime Minister announces £9.7bn of inward
infrastructure investment, as government launches new £400m public-private
clean tech innovation fund.

Prime Minister Boris Johnson this morning used
the Global Investment Summit as a curtain-raiser for the government’s
much-anticipated Net Zero Strategy, announcing almost £10bn of new foreign
investment in a wave of primarily low carbon infrastructure projects.

The government confirmed a new package of 18 deals worth £9.7bn, which are set
to ramp up investment in a host of clean infrastructure projects, including
offshore wind, hydrogen development, carbon capture and storage (CCS), and
green homes.

Meanwhile, Johnson shared a virtual stage with billionaire
philanthropist Bill Gates to announce the UK government has teamed up with
Gates’ Breakthrough Energy Catalyst clean tech venture to each invest
£200m in a new fund for supporting cutting edge clean tech projects. “The
world’s top investors have seen the massive potential in the UK for growth
and innovation in the industries of the future,” Johnson said. “The
fantastic £9.7bn of new investment we have secured today will power our
economic recovery, creating thousands of jobs and helping to level up
across the country.

 Business Green 19th Oct 2021

October 23, 2021 - Posted by | politics, UK

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