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Jeremy Hunt’s budget to announce £20bn funding to cut carbon emissions


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‘Reset’ of clean energy policy, including small nuclear reactors, is response to Joe Biden’s Inflation Reduction Act

The chancellor is poised to announce a £20bn investment in technology to reduce Britain’s carbon emissions at next week’s budget, in a riposte to Joe Biden’s flagship Inflation Reduction Act that aims to create thousands of new jobs.

Separately, the government plans to add urgency to Britain’s nuclear programme, with a competition to develop small modular nuclear reactors (SMRs).

Continue reading…‘Reset’ of clean energy policy, including small nuclear reactors, is response to Joe Biden’s Inflation Reduction ActThe chancellor is poised to announce a £20bn investment in technology to reduce Britain’s carbon emissions at next week’s budget, in a riposte to Joe Biden’s flagship Inflation Reduction Act that aims to create thousands of new jobs.Separately, the government plans to add urgency to Britain’s nuclear programme, with a competition to develop small modular nuclear reactors (SMRs). Continue reading…