Many UK cities make promise to run entirely on Green Energy by 2050

The majority of Britain’s major cities have made a vow to eradicate carbon emissions in 35 years in their cities. Ahead of next week’s vital international climate talks that will take place in Paris, over 50 UK Labour-run councils, including Edinburgh, Newcastle, Leeds, Manchester, Nottingham, Glasgow, Liverpool, Sheffield and others, have pledged to run on 100% green energy by 2050, which Labour said would reduce the United Kingdom’s carbon footprint by 10%, according to a news report from The Guardian. The commitment will mean making the switch to more renewables…

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UK plans to privatize its renewable energy funding bank

Green Investment Bank to be privatized in the coming years The UK government has plans to privatize the Green Investment Bank. The financial institution serve as a funding platform that supports various renewable energy projects. The organization was first established in 2012 and has since shown itself capable of funneling funds to innovative energy projects in the UK and elsewhere around the world. Since 2012, the institution has been managed by the UK government, which is now moving the bank into private ownership. The bank has invested more than $2…

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Wind turbine energy helps to increase green power generation in the UK

UK green energy reaches 15% in 2013, hitting record high. Wind turbine energy has really taken off in Britain as over 900 onshore and offshore wind turbines were constructed throughout last year, which cost approximately £3 billion in subsidies and resulted in nearly a one third increase in renewable energy production. Electricity generated from renewable sources has increased. Based on government statistics released last week, this is about a one third increase from 2012 when the percentage of renewable power was 11.3%. That being said, despite boosting its alternative energy…

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Green technology could lead to massive employment opportunity in Britain

Thousands of jobs could be created in Northern England from new power station project. Yorkshire, England could develop into a global center for the embryonic CCS (carbon capture and storage) industry with the building of a new power station, a green technology project which received millions of pounds in funding from the European Union (EU) and could eventually employ thousands of people in the region. The EU is to support the project by providing £200 million in funds. Called the White Rose Project, the power station will be constructed near…

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