DP World will increase the value of its Carbon Inset Credits fivefold from 1 October, offering cargo owners a stronger incentive to cut supply chain emissions.
The project will be based at the disused Scatsta Airport, positioning the islands as a significant player in the UK and northern Europe’s clean energy supply chain.
The project is described as a significant advance in the UK’s net-zero transition. The company claims it as a milestone in developing clean fuel for transport and industrial applications.
East Midlands Railway (EMR) is funding a biodiversity project at Hucknall station in Nottinghamshire designed to create a thriving natural environment.
Coastal communities and green innovators across the UK are to benefit from a GB£30m boost aimed at cleaning up sea travel and powering economic renewal through green maritime technologies.
The British Ports Association has welcomed new measures in the UK Government’s Industrial Strategy that recognise ports as a key part of the national economy.