Article 5AHXY Is £12bn enough to get UK on track for net zero carbon emissions?

Is £12bn enough to get UK on track for net zero carbon emissions?

by
Fiona Harvey and Jillian Ambrose
from Environment | The Guardian on (#5AHXY)

Some say proposed public funding is too little while others say key is galvanising private capital

The government's 10-point plan for putting the UK on track to reach net zero carbon emissions has been welcomed by experts as a good start, but many fear that the 12bn of public investment proposed will be too little to achieve the sweeping changes to the UK's economy that will be needed.

Sir David King, a former government chief scientist and chair of the Centre for Climate Repair at Cambridge University, said: [This] is nowhere near enough either to manage the commitment to net zero emissions by 2050 or to provide a safe future. As we emerge from the Covid-19 pandemic and its impact on our economy, there needs to be an understanding that this is the opportunity to grow our economy in a direction that is fit for purpose in this century."

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