Britain lays out plans to meet 2050 emission reduction target

Reuters News
Posted: Oct 12, 2017 4:34 AM

LONDON (Reuters) - Britain's government will invest 900 million pounds ($1.19 billion) in smart energy systems and nuclear and renewable technology as a part of its strategy to meet its 2050 climate target, it said on Thursday.

It will also invest 100 million pounds in technology to capture, use and store carbon dioxide emissions and in industrial innovations, it said in its Clean Growth Strategy.

Britain has a legally binding target to cut greenhouse gas (GHG) emissions, blamed for global warming, by 80 percent by 2050 compared with 1990 levels.

(Reporting By Susanna Twidale and Nina Chestney; editing by Jason Neely)