Rain Newton-Smith, CBI Chief Economist, said:
“This vital new report provides an
urgent reminder that we need to do more to get on track to
achieve net-zero emissions. It outlines many welcome measures for
carbon-reduction, as well as highlighting some areas where
further consultation with business will be
needed.
“We agree that progress to
decarbonise power needs to be coupled with government-led
strategies on energy efficiency, decarbonising transport and
sustainable manufacturing and industrial processes. While policy
recommendations to specific departments demonstrate the need for
net-zero to become a core objective that cuts across government
and devolved nations.
“The CBI continues to champion the
UK’s 2050 net-zero target and the need to accelerate progress
towards ending our contribution to climate change. Our latest
report stressed the strikingly clear economic rationale for
making low-carbon investment a key pillar of our post-pandemic
recovery.
“As we look to build back better
from the Covid-19 crisis, we reach a critical moment in our fight
against the climate emergency. Business stands shoulder to
shoulder with political leaders and consumers in its desire for
ambitious change.”
Notes to
Editors:
The CBI launched its own Principles
for a low-carbon, sustainable and net-zero aligned economic
recovery post COVID-19 on Tuesday 23 June 2020, available
here: https://www.cbi.org.uk/media-centre/articles/sustainability-will-help-uk-build-back-better-by-powering-a-green-recovery-cbi/
