Posted on 10/19/2021 12:54:59 PM PDT by SmokingJoe
PM says partnership will help emerging solutions that are still too expensive for commercial development
The UK government has announced plans to launch a £400m package of investment alongside the US billionaire Bill Gates to boost the development of new green technologies.
Boris Johnson said the deal would help power a “green industrial revolution” and develop emerging technologies that were currently too expensive to be commercially successful but were essential to hitting the government’s climate goals.
Speaking at a Global Investment Summit at the Science Museum in London on Tuesday, the prime minister said the partnership would help develop UK technology related to carbon capture and storage, long-term battery life, jet zero (zero-carbon aviation) and green hydrogen technology.
An air source heat pump, installed in a house in Wales.
“I think these are all technologies that have massive potential but are currently underinvested in, by comparison with some others,” Johnson said.
(Excerpt) Read more at theguardian.com ...
Boris sure turned into a wolf in sheep’s clothing.
ESG Score system?
“… the deal would help power a “green industrial revolution” and develop emerging technologies that were currently too expensive to be commercially successful…”
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More “pissing money away” in the name of an ideology. It’s “other people’s money”, of course.
Well we know that Johnson can be bought.
We can’t even say Corbyn would have been worse any more.
And more importantly, who is getting the £400 million?
Almost like he had a brain transplant while in the hospital, or maybe they replaced him with a double.
IN HELL
“Green Energy” cannot compete in a free market. It will always require Government cohesion and subsidy.
::“I think these are all technologies that have massive potential but are currently underinvested in, by comparison with some others,” Johnson said.::
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Translation: I just sold out my nation, and I am proud of it.
Boris has always been about money, as long as lots of it ends up in his pocket too.
And his personal finances have always been in a mess.
Boris committed to “carbon neutral” by 2050 off the bat.
Very disappointed in Johnson.
If you were wondering why BoJo is such a COVID-Nazi, here’s your reason.
Boris is late to the party, gates has already started the green revolution here (AKA the 4th industrial revolution). From managing crops with drones to hydro farming using AI robotics to manage and continually check ph and nutrients in growing food. He has purchased hundreds of thousands of acres to grow his new green foods. Coming to a store near you, soon.
Basically an updated version of Soviet Collective Farms.
It can work if nuclear energy is included as one of the green energy technologies. Generation IV nuclear has the potential to be small enough for municipal uses, cannot melt down and uses nuclear waste as fuel. It doesn’t depend on weather or daylight.
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