National Wealth Fund to put £28m into carbon capture project
Peak Cluster is working towards a pipeline that will take carbon emissions from cement and lime companies in the Peak District and store them below the Irish Sea.
The £28.6 million is coming from the National Wealth Fund (NWF) a body announced by the Government last year with £27.8 billion to invest in clean energy and growth industries, in the hope of catalysing other private investment.
Peak Cluster is also backed by £31 million from the private sector, the Treasury said, and will be the NWF's first investment in carbon capture, since Rachel Reeves said in March that it should be a priority.
The Chancellor said: 'We're modernising the cement and lime industry, delivering vital carbon capture infrastructure and creating jobs across Derbyshire, Staffordshire and the North West to put more money into working people's pockets.'
Energy Secretary Ed Miliband described the investment as a 'landmark' that could help 'deliver thousands of highly skilled jobs'.
'Workers in the North Sea and Britain's manufacturing heartlands will drive forward the country's industrial renewal, positioning them at the forefront of the UK's clean energy transition,' he added.
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'The rising number of teachers leaving the profession because of pupil behaviour is also a major cause of concern. 'We hear from school and college leaders on a regular basis over just how challenging this issue has become in recent years. 'Behaviour policies are robust but there must be wider action to provide schools and colleges with specialist support and investment to address the variety as well as the complexity of needs that children and young people are exhibiting.' Jack Worth, school workforce lead at the National Foundation for Educational Research (NFER), said: 'It is critical that the Government takes action now and delivers a comprehensive plan to tackle the issues that are impacting recruitment and retention or it will miss its 6,500 teacher recruitment pledge. 'Schools are anxious to see the details of the Government's plan for supporting teacher supply.' 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'Since day one, the Education Secretary has worked to reset the relationship with the education sector, announcing pay awards of almost 10% over two years and committed to tackle high workload and poor wellbeing including encouraging schools to offer more flexible working opportunities. 'We are committed to working with teachers as partners in the push for better, driving high and rising standards through our Plan for Change to enable every child to achieve and thrive.'
