The need to reduce our
emissions and move to a greener resilient economy is of paramount importance.
This announcement is a welcome, firm commitment that marks a turning point in
the effort that our country is making to achieve its net zero target.
“It is exactly the signal that our manufacturing industry needs to have the
confidence to invest in these clean technologies of the future that will enable
us to make a low-carbon economy a reality. Our manufacturing sector is poised
to contribute to the creation of thousands of green jobs in the country’s most
hardest hit areas, to make the green products and provide the services needed
for a net zero future.
“But, industrial decarbonisation
options may be a barrier to the uptake of green solutions due to high
electricity pricing in the UK, which unless addressed will have an ultimate
impact on net zero targets.
“It is now essential that
Government builds on today’s announcement with a robust and coherent industrial
strategy which sets out goals to put the manufacturing at the centre of
recovery from the pandemic. There are major gains to be had from investment in
innovation and scaling up of these technologies, as well as the high value jobs
that training in digital skills will bring. The pandemic has highlighted how
digital and green technologies are essential to make our economy and society
resilient to economic and climate disruptions and we need to shift the pendulum
towards growth based on the technologies of the future. This announcement is a
first step on that road.