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Friday, Sep 20, 2019

UK government announces 500 million sterling green investments

A further 143 million pounds will be invested in green projects, including greenhouse gas removal technologies and measures to address air pollution.

business Updated: Sep 11, 2019 10:11 IST
Reuters
Reuters
London
The British government will invest more than 500 million pounds in green technologies.
The British government will invest more than 500 million pounds in green technologies. (Bloomberg photo)
         

The British government said on Tuesday it will invest more than 500 million pounds ($616 million) in green technologies.

Included in this will be a 400 million pound fund to develop rapid charging infrastructure points for electric vehicles.

A further 143 million pounds will be invested in green projects, including greenhouse gas removal technologies and measures to address air pollution.

The government plans to end the sale of petrol and diesel vehicles by 2040.

(The story has been published from a wire feed without any modifications to the text.)

First Published: Sep 11, 2019 10:01 IST