{"id":135394,"date":"2023-12-02T07:41:00","date_gmt":"2023-12-02T07:41:00","guid":{"rendered":"https:\/\/allmybiznews.com\/?p=135394"},"modified":"2023-12-02T07:41:00","modified_gmt":"2023-12-02T07:41:00","slug":"rishi-sunak-unveils-11bn-deal-for-worlds-largest-offshore-wind-farm","status":"publish","type":"post","link":"https:\/\/allmybiznews.com\/politics\/rishi-sunak-unveils-11bn-deal-for-worlds-largest-offshore-wind-farm\/","title":{"rendered":"Rishi Sunak unveils \u00a311bn deal for world’s largest offshore wind farm"},"content":{"rendered":"

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The Prime Minister said the massive green energy site shows the UK is \u201cleading the charge\u201d in tackling global warming.<\/p>\n

He said the Dogger Bank windfarm will be built thanks to a deal between the UAE-state owned Masdar and German-based renewable energy firm RWE.<\/p>\n

Speaking at a press conference at the COP28 climate summit in Dubai, Mr Sunak said: \u201cI\u2019m pleased to announce a new deal between Masdar and RWE which includes a commitment to jointly invest up to \u00a311 billion into the UK\u2019s new wind farm at Dogger Bank, which will be the biggest in the world.”<\/p>\n

\u201cThis is a huge boost for UK renewables, creating more jobs, helping to power three million homes and increasing our energy security.\u201d<\/p>\n

The Prime Minister also defended the UK\u2019s record on tackling climate change.<\/p>\n

He has faced criticism for slowing the pace at which petrol and diesel cars are phased out and the switch away from fossil fuel household boilers.<\/p>\n

But he hit back, saying: \u201cWe\u2019re absolutely committed to our net zero targets.<\/p>\n

\u201cWe\u2019ve already decarbonised faster than any other major economy. Our emissions are down 48 per cent since 1990, compared to limited cuts from others and a 300 per cent increase from China.\u201d<\/p>\n

He confirmed a \u00a31.6 billion commitment for renewable energy, \u201cgreen innovation\u201d and forests \u201cbecause we can\u2019t tackle climate change without nature\u201d.<\/p>\n

And he urged major polluting countries to follow the UK\u2019s lead in slashing emissions.<\/p>\n

\u201cThe world needs to do more to tackle climate change.”<\/p>\n

\u201cWe\u2019ve made real progress, including at the Glasgow summit. But the climate science and mounting evidence of climate-related disasters show that we\u2019re not moving quickly or effectively enough.”<\/p>\n