The chancellor has commited the country to significant carbon reduction targets.

He said Britain will cut carbon emissions by 35% by 2020.

To further this he has promised an additional £405m to advance green manufacturing.

In his Budget he also promised the establishment of a £750m investment fund for emerging technologies.

This is part of the Strategic Investment Fund.

He has also said he will announce plans later to reduce UK carbon emissions by 34% by 2020.