Just as France has led the global nuclear industry and the Japanese the hydrogen industry, the UK government’s statement of intent is a rallying cry to businesses to step up and drive UK cleantech exports around the world. The sector, which is projected to reach $44.61bn by 2026, is set to achieve explosive growth as countries seek to meet their net zero targets. By ushering in a new era of public-private partnerships and innovating with AI, cloud, data analytics and IoT technology, the UK can support the ‘Race to Zero’ and emerge as a true global leader in the same way as it did in the first industrial revolution. This summer, the UK’s legal commitment to deliver a net zero carbon economy by 2050 (the first signed by a G7 country) turned a year old. As we prepare to host COP 26 in November 2021, we need to put words into action and set an international example: accelerating our deadlines to phase out coal in the UK to October 2024, for example, and ending UK petrol and diesel vehicle sales by 2035.
Sifted 14th Oct 2020 read more »