Design a long-term, joined-up net zero policy framework
Carbon pricing is effective when it creates certainty for investors that new technologies will yield a return. This requires clear, consistent, long-term policies, a predictable price signal, support for innovative clean technologies and most importantly, a level playing field with competitors internationally.
Empower energy and resource efficiency
Continuously improving the efficient use of energy and materials is a critical driver in the creation of a net zero and circular economy, with investments helping support the transition.
Protect industry through its transition
Effective, long-term and predictable carbon leakage protection will be fundamental, as UK businesses adopt manufacturing methods that come with a ‘green premium’. Essential elements include minimising non-wholesale energy costs and a level-playing field on carbon pricing.