(3 years, 10 months ago)
Commons ChamberWe are matching the UK’s world-leading net zero ambition with world-leading action. The Prime Minister’s 10-point plan for a green industrial revolution will accelerate our path to net zero with £12 billion of Government investment, including a commitment to power every home in the UK with offshore wind by 2030. In December, we published the energy White Paper and we will publish our net zero strategy ahead of COP26.
We recognise the challenges that SMEs are facing and we want to work with businesses to build that green recovery, so we are offering up to £6 million with a boost in SMEs’ access to energy efficiency competitions to develop green solutions. Through the SME net zero working group, we are hearing from businesses how we can go even further to support them. Financial savings are available to businesses taking steps to achieve net zero, and I would encourage SMEs to sign up to the Race to Zero campaign.
A year ago, the UK airline industry committed to net zero carbon by 2050. What support and assistance has the Department been providing to this important sector, which is suffering loss at the moment, so that it can contribute in the future?
The Government are backing the airline sector to achieve net zero, committing £3.9 billion, with industry, to fund aerospace research and development from 2013 to 2026. This includes the FlyZero project, to study in depth the potential for zero emission aircraft. We are also investing £125 million in the future flight challenge, to enable the use of new forms of green and autonomous aircraft.