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A day after the Climate Change Commission found that the UK is ‘strikingly unprepared’ for dealing with the impact of climate change, the UK Government’s ‘Green Day’ relaunches its strategy to deliver net zero, by driving investment into nuclear and carbon capture and storage.
The ‘Powering Up Britain’ report was published today (Thursday 30 March) by the Department for Energy Security and Net Zero, following a review of the previous Net Zero Strategy and in response to the Independent Review of Net Zero conducted by Chris Skidmore MP. Of the report Chancellor of the Exchequer Jeremy Hunt said:
“Transforming our energy system is no longer just about tackling climate change, it is also a matter of national security. To protect ourselves from future price spikes, we need to accelerate the move to cleaner, cheaper, home-grown energy.”
This and the key headlines demonstrate a marked shift in the narrative away from climate change towards energy security. Two strategies were released today the ‘Powering Up Britain – Energy Security Plan’, the second to be issued this year and the ‘Powering Up Britain – The Net Zero Growth Plan’ which is the UK Government’s second net zero strategy in two years.
Green Economy will provide a deep dive into the detail of the Net Zero Growth Plan in the coming weeks, but we’ve laid out today’s key announcements below.
Of the report, Amy House, Director of Green Economy commented:
"Today we have seen the lens shift from this issue to energy security, with nuclear and carbon capture and storage to play a leading role in overcoming these challenges. The reality of these technologies however, mean we’re unlikely to see an impact to our carbon emissions for well over a decade, missing our 50% reduction deadline by at least four years. Major infrastructure projects including onshore wind and solar farms would be far quicker to implement.
"Meaningful policy is needed to steer net zero from concept to reality. This means investing in home grown innovators that have solutions ready and waiting and compelling their integration into our existing infrastructure and our new developments."