Business Secretary Alok Sharma will this week chair the first of a series of new ‘recovery roundtables’, bringing together businesses, trade bodies, and academics to discuss how to maximise the impact of the government’s imminent economic recovery package. The roundtables – which are expected to involve between 20 and 25 leading experts – are set to cover five “key themes” with one group dedicated to delivering a green recovery and ensuring the UK “captures economic growth opportunities from the shift to net zero carbon emissions”. The launch of the roundtables follows another weekend in which media reports revealed the Treasury regards a major increase on the Conservative’s manifesto commitment to boost green investment as a top priority for its economic recovery package, which is expected to be unveiled next month. Hydrogen infrastructure, carbon capture and storage, tree-planting and flood defences, electric vehicle (EV) charge points, grid upgrades, building energy efficiency programmes, and green R&D have all been flagged as areas that can expect increased spending. However, The Times reported that the Prime Minister’s top advisor, Dominic Cummings, has expressed concerns that the current proposals are “not enough about the future”. Meanwhile, The Telegraph reported today that Prime Minister Boris Johnson is considering proposals for a green car scrappage scheme that would see motorists provided with grants worth up to £6,000 if they swap their petrol or diesel cars for an electric model. The proposals would see grants for EVs double from the current £3,000, after the government cut the level of grants available under its Plug-in Grant scheme last year.
Business Green 8th June 2020 read more »
The UK Government’s landmark global campaign for mobilising net-zero support ahead of the postponed COP26 summit – ‘Race to Zero’ – was launched late last week. But what decarbonisation activities are the likes of Boris Johnson, Rishi Sunak and Alok Sharma backing for inclusion in national recovery planning?
Edie 8th June 2020 read more »