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Net Zero review

By Simon Lovegrove (UK) on September 30, 2022

On 29 September 2022, the Department for Business, Energy & Industrial Strategy (BEIS) announced that it has commissioned an independent review of the government’s approach to delivering its net zero target.

The review will assess the economic co-benefits associated with different policies and how the government can drive down the cost curve for net zero technologies. It will consider innovative approaches and ways of delivering the target that ensures the government maximises the economic opportunities presented by net zero.

The review will consider how the approach to net zero can:

  • Deliver maximum economic growth and investment, driving opportunities for private investment, jobs, innovation, exports and growth right across the UK.
  • Support UK energy security and affordability for consumers and businesses and the need to rapidly increase and strengthen UK energy production and supply.
  • Minimise costs borne by businesses and consumers, particularly in the short-term.

As part of the review, the government is issuing a call for evidence which is intended to provide an open channel to the general public to give their views on the transition, in particular giving a voice to the public and small and medium enterprises. The deadline for responding to the call for evidence is 27 October 2022.

  • Posted in:
    Financial, International
  • Blog:
    Global Regulation Tomorrow
  • Organization:
    Norton Rose Fulbright
  • Article: View Original Source

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