A collaboration of industry leaders has come together to drive investment in the net zero carbon economy and post COVID-19 green economic recovery in the North West.
Fertiliser manufacturer CF Fertilisers, glassmaker Encirc, Essar Oil UK, chemicals firm INOVYN, property developer Peel L&P, Siemens, natural gas storage firm Storengy, Tata Chemicals Europe and the North West Business Leadership Team (NWBLT) have joined forces to form Net Zero North West.
The initiative aims to capitalise on the North West’s high concentration of advanced manufacturing and chemical production to develop the UK’s first low carbon industrial cluster by 2030. The proposal brings together a range of projects, including renewable energy, hydrogen, carbon capture usage and storage, nuclear and smart grids.
The group believes its low carbon cluster could create at least 33,000 jobs, attract over £4 billion in investment and save more than 10 million tonnes of carbon per year - more than the annual emissions of all the homes in the North West.
“Decarbonising the economy in the North West is critical to the success of the UK achieving its net zero target,” explained Carl Ennis, chairman of Net Zero North West and CEO of Siemens GB & Ireland.
“We were the cradle of the first industrial revolution and the North West has the ingenuity, the skills and the passion to deliver on this vital transformation at the scale and speed needed to succeed. With the support of regional leaders, academia and business, Net Zero North West is providing a strong voice and holistic vision for industrial decarbonisation in the North West.”
‘We can inspire change’
Greater Manchester mayor Andy Burnham commented: “I want Greater Manchester to be the best place in the world to grow up, get on and grow old in a clean, green and vibrant city region. Cities, and city regions, will make the difference on climate change. Doing things differently doesn’t just mean a new set of policies – it means a new approach to managing energy altogether and, in working to decarbonise in the North West, we can create a blueprint for the world. It wouldn’t be the first time. We can change ourselves, and we can inspire change in others.”
Net Zero North West is now developing a comprehensive roadmap for progressing its plans.
Posted under General Interest on 28 October 2020