Category: low-carbon

UK Government’s Push for Heat Pumps Could Cost Taxpayers £115 Billion: Study

The UK government’s push for British households to replace their gas boilers with low-carbon heat pumps would cost taxpayers £115 billion ($150 billion), a new study has warned. The government’s three-year Boiler Upgrade Scheme came into force on April 1, which pays households £5,000 ($6,509) towards the roughly £18,000 ($23,400) bill of purchasing and installing…


Macron Unveils 30-Billion-Euro Plan for Innovation and Industrial Revival

PARIS—France wants to be a leader in green hydrogen by 2030, and build low-carbon planes and small nuclear reactors as part of a 30-billion-euro ($35 billion) investment plan, President Emmanuel Macron said on Tuesday. Macron said the road map, dubbed “France 2030,” would ensure France decarbonizes its industry, and brings innovation and production in key…