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How can UK industry sectors contribute to achieving the government's target of net zero emissions by 2050, while remaining globally competitive?
On 17 March 2021, the Department for Energy & Industrial Strategy (BEIS) published its industrial decarbonisation strategy (the Strategy). The Strategy builds on the Prime Minister's ten point plan for a green industrial revolution and outlines the government's plan to:
The Strategy also addresses the need to avoid 'carbon leakage', i.e. reducing the UK's own carbon footprint by transferring emissions abroad.
In our latest News Analysis, Richard Goodfellow, Paul Dight and Alex Hirom, partners at Addleshaw Goddard, discuss previous policy documents and commitments leading up to the publication of the Strategy and how these interact with each other, the key elements of the Strategy including the two potential pathways to industry decarbonisation that it lays out, as well as information on how the progress against the Strategy will be tracked.
Read the full article here: What to expect from the government’s new industrial decarbonisation strategy.
More information on environment can be found here.
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