The CBI highlights the need for progression in an assortment of areas if the UK is to reach the net-zero greenhouse gas emissions target by 2050.
In the same week Parliament passed legislation enshrining the UK’s new target to reduce greenhouse gas emissions to net-zero by 2050, the CBI has published a set of recommendations to government on how to accelerate progress towards this goal. These were developed with the input of CBI members and the Energy and Climate Change Board.
The government has committed to publishing an Energy White Paper during the summer, with the aim of providing certainty to business investors on the future of energy system. Despite significant progress in switching to low-carbon electricity supplies in recent years, more progress is needed if we are to reach net-zero by 2050.
The CBI calls on Business Secretary, Greg Clark MP
In a letter to Greg Clark MP, we have called on the government to explore financing mechanisms to support the development of new nuclear power stations. With a number of new nuclear projects stalling, and