The government is investing £12bn to help create 250,000 new green jobs as part of its plan to reach net zero emissions by 2050. It's great to see this commitment to a greener future. We look forward to understanding more on how the plan will be delivered in the upcoming Energy White Paper and through policy proposals being advanced across Government. In the meantime, we’ll continue talking to the Government about how the UK can accelerate its transition to a green economy in a fair and affordable way.
In this post, we look at some of the commitments we’re particularly excited about. You can read the full plan on the GOV.UK website.
Enough offshore wind to power every home
Number one on the list is a target to produce enough offshore wind to power every UK home in the next 10 years. This means quadrupling how much the UK produces between now and then, which will support up to 60,000 new green jobs, too.
We’re big fans of wind. At Bulb, we sourced 78% of our electricity from wind power last year. When compared to fossil fuels, that avoided 1.5 million tonnes of CO2 from entering the atmosphere. It would take 750 million trees to absorb that amount of CO2.
Accelerating the transition to electric vehicles
It’s great to see the sale of new petrol and diesel vehicles will be banned by 2030, ten years earlier than planned. Transport is the biggest source of CO2 in the UK, causing 34% of emissions.
The Government will invest more than £2 billion to help rollout charge points and develop batteries for electric vehicles, and give grants to make low emissions vehicles more affordable. At Bulb, we’re working with smart meter company EDMI to trial the next generation of smart EV chargers.
Protecting and restoring nature
The Government aims to plant 30,000 hectares of trees every year, and invest £5.2 billion to create new flood and coastal defences in England by 2027. Protecting nature can help conserve biodiversity, too, which is a crucial part of tackling the climate crisis.
Bulb members are helping protect nature around the world thanks to choosing carbon neutral gas. To date we’ve offset 4.7 million tonnes of CO2, and protected 21,000 hectares of rainforest - an area 4.5 times larger than Oxford.
Making buildings more energy efficient
The Government has committed to spend £1 billion next year on making homes and public buildings more energy efficient. They’ll extend the Green Homes Grant by a year, and have a target to install 600,000 heat pumps every year by 2028. The plan will help create 50,000 jobs by 2030.
Making the way we heat our buildings carbon neutral is an essential part of reaching net zero. And we think energy efficiency is a triple win: lowering bills, lowering emissions, and encouraging a green recovery with new jobs. Efficiency measures can reduce the energy used in homes by 25%, saving 4.6% of UK emissions. At Bulb, we install energy efficiency measures in our members’ homes through the Government’s Energy Companies Obligation. So far, we’ve helped our members save around £65 million on their energy bills and 175,000 tonnes of CO2.