Chancellor unveils govtโs green technology scheme with swipe at Joe Biden
Chancellor Jeremy Hunt unveiled the first step of the Government's response to the US' multibillion-dollar investment in green technology with a swipe at Joe Biden.
Chancellor Jeremy Hunt unveiled the first step of the Government's response to the US' multibillion-dollar investment in green technology with a swipe at Joe Biden.
The UK is being left behind in the race to develop and deploy green technologies because of an unwillingness to invest in its industrial strategy, a leading thinktank has said.
The British government is in talks with the United States and European Union to prevent potential trade barriers from harming its position in the green-energy race.
The challenge over the next 10 years will be in scaling up SAF production. Green hydrogen production is relatively niche, as yet. โA lack of green power and electrolysis capacity, this will not make a dentโ in the projected SAF demand.
Shell (LON: SHEL) CEO Wael Sawan has warned that the US is more attractive for investment than the firmโs home base of the UK.
Fertiglobe has begun commissioning the first phase of its Egypt Green hydrogen plant in a high-profile ceremony involving Egyptian President Abdel Fattah El-Sisi.
A number of key uncertainties remain over the deployment of hydrogen, but one point of agreement from Adipec this week has been the need for long-term contracts.