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Because we're already seeing the benefits. The UK's net zero sectors are growing three times faster than the economy as a whole
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They've attracted £43 billion of private investment since last July and now they support around 600,000 jobs across the United Kingdom
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That means more opportunities, more money in people's pockets. And we're going further
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We've stripped out unnecessary red tape to put Britain back in the global race for nuclear energy
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and allow for small modular reactors for the first time. We're speeding up planning for clean energy projects, including onshore wind
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to power millions of homes and unlock further investment of £40 billion a year
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And it's really clear to me that investors want policy certainty. They want ambition
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And that's what we're providing. And now we're raising our ambition even further
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I'm really pleased to announce today that we're creating a new supply change investment fund
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as part of Great British Energy. It will be backed by an initial £300 million of new funding for domestic offshore wind
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leveraging billions of new private investment, supporting tens of thousands of jobs and driving
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economic growth When companies are looking to invest in clean energy when partners are looking to build new turbines blades cables Our message is simple Build it in Britain I determined to seize this opportunity
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to win our share of this trillion-dollar market and secure the next generation of great jobs
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I've met the apprentices at the docks in Grimsby, fantastic individuals. I've been to Hollyhead in Wales
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and to the National Nuclear Laboratory in Preston. I've seen the brilliant clean power infrastructure that we are building in this country
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But more than that, I've seen the pride that these jobs bring
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This is skilled, well-paid work, meaningful work, a chance to reignite our industrial heartlands
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to rekindle that sense of community, of pride and purpose that comes from being part of something that is bigger than yourself
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So I'm pleased to tell you that I can share some more good news this afternoon
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Earlier today, we finalised a deal with Eni. It will see them award £2 billion in supply chain contracts
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for the High Net Carbon Capture and Storage Project, creating 2,000 jobs across North Wales and the Northwest
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I want to thank all those here today who are part of this success story
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because it's all built on stability, yes, but our ruthless focus on delivery
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But it's also built on partnership, partnership
