British Chambers of Commerce responds to government’s net zero plan
“As business communities restart and rebuild after the pandemic, Chambers are clear that the transition to net zero must be measurable, credible and fair.
“The Prime Minister’s announcement is a step forward on this journey, but more detail and even higher levels of both public and private investment will be needed to ensure that we are able to meet the shared ambition of government and our business communities.
“Business communities in our coastal regions will benefit significantly from a greater emphasis on offshore wind. Integrating local firms into supply chains will be vital in supporting investment and jobs of the future.
“Decarbonisation remains crucial to our future economic recovery, but businesses will need to see more detail in the long-awaited Energy White Paper if we are to boost investor confidence. And if we are to build the supply chains needed to meet these ambitions here in the UK, clarity on the future of industrial strategy is also required.
“While the impact of the pandemic has not diminished business communities’ desire to become greener, the pace of change will mean many firms will need support in the transition to cleaner technologies. Government should consider incentives to help businesses make the change without losing out, including business rates exemptions for green investments and compensation schemes for phasing out petrol and diesel vehicles.”