Climate Change Committee: 2023 Progress Report

Part of Energy Security and Net Zero – in the House of Commons at on 19 September 2023.

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Photo of Kerry McCarthy Kerry McCarthy Shadow Minister (Climate Change and Net Zero)

According to the Climate Change Committee,

“the private sector…is being held back…by weak policy signals, uncertainty, and barriers to investment,” and perhaps we would not need to be so reliant on China if those issues were addressed. Just last month, UK investors representing £1.5 trillion in assets wrote to the Prime Minister, warning that that could mean the UK missing out on 1.7 million jobs. Will this zombie Government listen to investors and their own advisers, look at the game-changing interventions in the States and bring forward a UK version of the Inflation Reduction Act before it is too late to save British businesses and British jobs?