MENU

Published on 10/09/2019 4:21:31 PM | Source: Reuters

UK government announces 500 million sterling green investments

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel  https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

LONDON - The British government said on Tuesday it will invest more than 500 million pounds ($616 million) in green technologies.

Included in this will be a 400 million pound fund to develop rapid charging infrastructure points for electric vehicles.

A further 143 million pounds will be invested in green projects, including greenhouse gas removal technologies and measures to address air pollution.

The government plans to end the sale of petrol and diesel vehicles by 2040.

($1 = 0.8112 pounds)

(Reporting by Nina Chestney; editing by Jason Neely)