CBI Recommends New Nuclear and Carbon Capture to Reach Net Zero in UK
The UK should build new nuclear power stations and scale up carbon capture technology and infrastructure to reach the Government’s target of net-zero greenhouse gas emissions by 2050, according to the CBI.
In a letter to the Secretary of State for Business, Energy and Industrial Strategy, Britain’s largest business group the CBI sets out a series of priorities to decarbonise the UK economy and calls on the Government to use a forthcoming Energy White Paper to give more clarity on its vision.
The priorities include:
Rain Newton-Smith, CBI Chief Economist, said, “Business is right behind the need for the UK to have a net-zero economy by 2050 and build on our global leadership in cutting greenhouse gas emissions."
“To deliver the Government’s admirable net-zero policy by 2050, it is mission critical that business, politicians and the public work together to devise and make the necessary changes."
“Firms want to see a whole host of stable, long-term policies enacted – from building new nuclear power stations to scaling-up carbon capture and storage technology and infrastructure – that send markets a robust signal: the UK is open for green business, and is a world leader in tackling climate change."