UK courts green investment to fuel carbon-cutting plans

The United Kingdom is hosting a meeting aimed at attracting billions of dollars in foreign investment for green projects in Britain

LONDON -- The United Kingdom announced plans Tuesday to stop installing home heating that uses fossil fuels by 2035 as the government hosted a meeting aimed at attracting billions of dollars in foreign investment for green projects in Britain.

Prime Minister Boris Johnson told the Global Investment Summit in London that private-sector investment and consumer pressure were key to slashing carbon emissions and controlling climate change.

“I can deploy billions,” Johnson told a room full of CEOs and other business leaders. “But you in this room, you can deploy trillions.”

“The market is going green,” he added.