"Government is clear that clean growth is a priority for the United Kingdom, and that the low-carbon sector can help to increase the competitiveness and productivity of our economy in the decades ahead, creating high-value jobs as well as taking effective action on climate change".
The long-awaited clean growth strategy sets out measures for housing, businesses, transport, agriculture and the power sector, and to make the United Kingdom a "world leader" in green finance.
The Clean Growth Strategy aims to improve the route to market for renewable technologies such as offshore wind by committing up to £557M (US$736M) for further "Pot 2" contract for difference auctions, with the next one planned for early 2019.
It is hoped this will allow all fuel poor homes to be upgraded to Energy Performance Certificate (EPC) Band C by 2030.
The government plans to spend £1 billion supporting the take-up of ultra low emission vehicles (ULEV) and around £900 million in smart, nuclear and renewable technologies to fill this gap.
The 12-month study by the Northern Energy Taskforce - a group of leading public and private sector organisations and academics - sets out a "clean" growth strategy that it says could create 100,000 jobs through energy devolution. "It's as big a change as the move from the age of steam to the age of oil and Britain is showing the way".
There are already more than 430,000 jobs in low carbon businesses and their supply chains, and the low carbon economy could grow by 11% a year between 2015 and 2030 - faster than the rest of the economy, the Government said.
"Ministers are seizing the global opportunity to lead on low-carbon economic growth".
The strategy is needed to address how the United Kingdom will get back on track to meet legally-binding targets to cut emissions in the 2020s, which it is set to miss by a wide margin, and meet further legal targets by 2032.
Environmental law firm ClientEarth has warned of possible legal action if the strategy does not show how the targets will be met, which would mean the Government continued to be in breach of the UK's climate laws.