Funding to develop alternatives to carbon intensive red diesel fuel comes as Grant Shapps touts ambition to turn UK into 'scale-up capital of Europe'
BEIS Minister Greg Hands said it was 'crucial that our industries reduce their reliance on fossil fuels'
Chancellor Rishi Sunak is reportedly preparing series of new environmental tax moves in next month's Budget, as Westminster and Brussels draw red lines that are set to spark a major stand-off over green rules