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Energy UK responds to the 2021 Budget

Responding to the 2021 Budget, Energy UK’s chief executive, Emma Pinchbeck said:

We need to unleash billions of pounds of capital investment to drive decarbonisation, so we welcome the creation of the National Infrastructure Bank. In a globally competitive renewables industry, upgrading our port infrastructure to support expansion of offshore wind will help our regional hubs attract jobs and realise the benefits of the energy transition.

“However, meeting the most ambitious climate change targets of any major economy will require more ambition than was in today’s Budget. We need a concerted, cross-Government approach to deliver on the Prime Minister’s 10 Point Plan and the Energy White Paper – particularly on how to make our buildings energy efficient and low carbon.

“The energy sector is ready to continue reducing emissions, supporting jobs all around the country, and driving economic growth – the question is how the Government plans to turn their ambition, and our willingness to invest, into a plan of action.”