Responding to the Government’s announcement on the seventh Carbon Budget, Energy UK’s chief executive Dhara Vyas said:
“The events of recent weeks have once again underlined the importance of pressing ahead with the move to clean energy to reduce our vulnerability to global fossil fuel price shocks and strengthen our energy independence in an uncertain world. The quicker we increase the amount of energy we get from our own clean sources, the less exposed our homes, businesses and economy will be in future.
“The fact that we now get over half of our electricity from low carbon sources is because the certainty and direction provided by the Climate Change Act and carbon budgets have given investors, developers and businesses the confidence to put billions of pounds into long-term projects in this country. As today’s CBIE report shows, the net zero economy is thriving and delivering above average economic benefits right across the country – continuing to support it will be key to delivering greater growth and prosperity for our country over the coming years and decades.”