BUSINESS | Britain To Ban New Petrol Cars By 2030 On Road To Net Zero Emissions

Britain will ban the sale of new petrol and diesel cars and vans from 2030, five years earlier than previously planned, as part of what Prime Minister Boris Johnson is casting as a ‘green revolution’ to cut emission to net zero by 2050.

Johnson, who is grappling with Europe’s most deadly COVID-19 crisis, Brexit trade negotiations and the departure of his most senior adviser, wants to underscore his green credentials as part of what he hopes will be a reset for his government.

‘Now is the time to plan for a green recovery with high-skilled jobs that give people the satisfaction of knowing they are helping to make the country cleaner, greener and more beautiful’, Johnson said in a column published in the Financial Times on Tuesday.

Britain last year became the first G7 country to set in law a net zero emission target by 2050, which will require wholesale changes in the way Britons travel, use energy and eat.

In total the plan would mobilise 12 billion pound ($16 billion) of government money, with as much as three times that amount coming from the private sector, and create and support 250,000 highly skilled green jobs by 2030, Johnson said.

The new date for a ban on new petrol and diesel cars is five years earlier than the 2035 pledge made by Johnson in February. The sale of hybrid cars and vans would be banned from 2035 under the new plan.

An extra 200 million pounds would create industrial clusters mustering technology capture, store and use carbon dioxide emission by the mid-2020s. Another two hubs are projected by 2030, taking the total investment in the technology to 1 billion pounds.

Johnson, who promised to increase Britain’s offshore wind power to 40 gigawatts by 2030 from around 10GW now, pledged up to 500 million pounds for projects trialing the use of hydrogen including for home heating and cooking.

The government would also help to develop large and small scale nuclear plants.

Johnson’s plan was broadly welcomed by industry.

‘It gives a springboard to the huge opportunities for U.K.-wide investment and green jobs that a true low-carbon economy can bring’, Josh Hardie director at the Confederation of British Industry, said in a separate statement.

BUSINESS | Nestle To Invest 3.2 Billion Sfr To Cut Carbon Emissions

Zurich – – Nestle said on Thursday it plans to invest 3.2 billion Swiss francs ($3.58 billion) over the next five years to reduce its climate impact and help it get to net zero emissions by 2050. The world’s biggest food company said it would work with farmers and suppliers to promote regenerative agriculture, plant … Continue reading BUSINESS | Nestle To Invest 3.2 Billion Sfr To Cut Carbon Emissions

NEWS ALERT | Iran Ready To Show Goodwill If U.S., Europe Abide By Nuclear Deal: Zarif

MILAN – – Iran will fully comply with a 2015 deal aimed at preventing it from developing nuclear weapons if both the United States and Europe honour their original commitments, Iranian Foreign Minister Mohammad Javad Zarif said on Thursday. U.S. President Donald Trump quit the pact in 2018, saying it did not do enough to … Continue reading NEWS ALERT | Iran Ready To Show Goodwill If U.S., Europe Abide By Nuclear Deal: Zarif

BREAKING NEWS | Multiple Casualties At English Warehouse Blast, Fire Brigade Says

LONDON – – A large blast in a warehouse near Bristol in England has caused multiple casualties, a spokeswoman for the fire brigade said on Thursday. The fire service had previously said on Twitter that it was responding to an incident after being called to a large explosion in Avonmouth, south west England. It said … Continue reading BREAKING NEWS | Multiple Casualties At English Warehouse Blast, Fire Brigade Says

BREAKING NEWS | WHO Looks at possible ‘E-Vaccination certificates’ for travel

GENEVA – – The World Health Organization does not recommend countries issuing ‘immunity passports’ for those who have recovered from COVID-19, but is investigating the prospects of using e-vaccination certificates, a WHO medical expert said on Thursday. ‘We are looking very closely into the use of technology in this COVID-19 response, one of them how … Continue reading BREAKING NEWS | WHO Looks at possible ‘E-Vaccination certificates’ for travel

ECONOMY | Saudi Arabia To Issue Executive Regulations On Labor Reform Initiative Soon: Ministry Official

The Minister of Human Resources and Social Development will issue soon the executive regulations of the Labor Reform Initiative (LRI), Sattam Alharbi, Deputy Minister for Inspection and development of work environment, was cited by Saudi Press Agency as saying. The initiative, which falls under the Kingdom’s National Transformation Program, was launched by the ministry last … Continue reading ECONOMY | Saudi Arabia To Issue Executive Regulations On Labor Reform Initiative Soon: Ministry Official

CULTURE | Red Sea Film Festival Presents Restored Al – Naami Works

JEDDAH – – The Red Sea Film Festival will host an exhibition celebrating the work of photographer and cinematographer Safouh Al – Naamani (1926 – 2016) and a screening program of contemporary Saudi and Arab cinema as part of Misk Art Week 2020, which will take place from Dec. 3-7 at the Prince Faisal bin Fahd Fine Arts Gallery, Riyadh. The … Continue reading CULTURE | Red Sea Film Festival Presents Restored Al – Naami Works

BUSINESS | Saudi International Airshow Postponed Due To Covid -19

The 2021 edition of the Saudi International Airshow has been postponed in consideration of the COVID-19 pandemic, the Saudi Press Agency has to reported. The Saudi Aviation Club said the cancellation was necessary to prioritize the safety of participants and visitors of the event, which was initially set to happen early next year at the … Continue reading BUSINESS | Saudi International Airshow Postponed Due To Covid -19

POLITICS | Ivanka Trump Questioned Under Oath In Lawsuit Over Use Of Inauguration Funds

NEW YORK – – Ivanka Trump, the president’s daughter and adviser, was questioned under oath this week as part of a civil lawsuit alleging misuse of nonprofit funds for Donald Trump’s inauguration four years ago.  District of Columbia Attorney General Karl Racine’s office disclosed in a court filing on Tuesday that the deposition had taken … Continue reading POLITICS | Ivanka Trump Questioned Under Oath In Lawsuit Over Use Of Inauguration Funds

BUSINESS| Oil Drops As OPEC+ Resume Talks On Output Cut Extension After Impasse

Oil prices fell on Thursday as producers including Saudi Arabia and Russia locked horns over the need to extend record production cuts set in place in the first wave of the COVID -19 pandemic. Brent crude was down 15 cents, or 0,3%, at $48.10 a barrel by 0155 GMT, after gaining 1,8% on Wednesday. U.S … Continue reading BUSINESS| Oil Drops As OPEC+ Resume Talks On Output Cut Extension After Impasse

BUSINESS | U.S States Plan To Sue Facebook Next Week: Sources

WASHINGTON – A group of U.S. states led by New York is investigating Facebook Inc. for possible antitrust  violations and plans to fill a lawsuit against the social media giant next week, four sources familiar with the matter said on Wednesday. The complaint would be the second major lawsuit filed against a Big Tech company … Continue reading BUSINESS | U.S States Plan To Sue Facebook Next Week: Sources

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