The Department for Business, Energy and Industrial Strategy (BEIS) Secretary of State has commissioned an independent review of the Government’s approach to delivering its net zero target, to make sure that it is pro-business and pro-growth.
Last year the Government published a Net Zero Strategy, which set out a pathway to reaching net zero greenhouse gas emissions by 2050.
Since then, the Russian invasion of Ukraine and other global factors have fundamentally changed the economic landscape in the UK, placing huge pressure on households and business through high energy prices and broader inflationary pressures.
Given this changed economic context, the Government has commissioned a review into its approach to net zero to better understand the impact of the different ways to deliver its net zero pathway on the UK public and economy and maximise economic opportunities of the transition. The Government remains committed to reaching net zero greenhouse gas emissions by 2050.
The report will be completed by the end of 2022, and the review will ensure that delivering the net zero target does not place undue burdens on businesses or consumers.
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