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EAC comment: Net Zero Strategy

19 October 2021

Reacting to the Government’s Net Zero Strategy, which has been published this afternoon, Environmental Audit Committee Chairman, Rt Hon Philip Dunne MP, said:

“Biggest polluters paying, consumer choice, harnessing innovation and supporting the most vulnerable: the Government’s priorities in its Net Zero Strategy are very welcome.

Achieving net zero carbon emissions is not going to happen overnight, but this major strategy document is a promising start to enable industries across our economy to get engaged. During our Committee’s work over the last 18 months, we have consistently stressed the need for industry to be given strong demand signals that net zero is worth investing in. There is every indication that this strategy, with its policies on electric vehicle manufacturing and charging, along with emphasis on carbon capture and storage, will indicate to the market that Net Zero Britain is an investible proposition.

The overarching strategy is one thing: the detail of how we deliver these objectives is critical.

The technologies required to deliver carbon capture and storage are in development. Later this year, the Committee will be holding hearings to examine in detail how these technologies plan to contribute to decarbonisation, any possible challenges, and on what timescale they will become commercially viable.

The Committee’s work on mapping the path to net zero continues. We will be examining the detail of this substantial strategy in the coming weeks and months, and continuing our constructive dialogue with Ministers and Departments, as the policies outlined today begin to take shape.”

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