£64bn bill for carbon neutral city by 2038
Manchester Evening News|August 04, 2023
REPORT COUNTS COST OF MEETING ENERGY TARGETS SET BY AUTHORITY LEADERS
JOSEPH TIMAN
£64bn bill for carbon neutral city by 2038

MAKING Greater Manchester’s energy supply carbon neutral by 2038 will cost £64billion, according to a new report. 

Plans to decarbonise energy infrastructure in the city-region have been given the green light by local authority leaders.

A report approved last week estimates the cost of funding renewable energy projects such as solar power, installing electric vehicle charging points and retrofitting residential properties to make them more energy efficient.

Greater Manchester has 15 years left to meet its net zero target.

More detailed proposals setting out specific schemes which will require public funding are expected to come forward, but it is hoped that the private sector will also contribute a significant sum. 

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