The key opportunities for creating growth in the transition to Net Zero
2050 IS CLOSER THAN WE THINK. AND THE 2030 TARGET FOR THE WATER INDUSTRY TO DECARBONISE, AND POTENTIALLY THE ROAD TRANSPORT INDUSTRY TOO, IS ONLY TEN YEARS AWAY.
CAN WE REALLY DO THIS IN TIME?
ADDLESHAW GODDARD AND UTILITY WEEK PARTNER IN PRODUCING A REPORT FOCUSED ON HOW THE 'GREEN' POST-COVID RECOVERY MIGHT BE ACHIEVED TO BUILD A GREENER AND MORE SUSTAINABLE ENVIRONMENT FOR ALL.
At this hugely exciting juncture for the utility sector, The Green Recovery Report: Key opportunities in the transition to Net Zero, in association with Utility Week, explores these questions and many more. Across the six chapters, we offer an in-depth look at what energy and water companies are doing to develop 'green solutions' and adapt their businesses to the low carbon transition.
We discuss the policy and regulatory changes and financial support which might be required to banish greenhouse gas emissions, and potential threats that stand in the way. Our Insight Report also highlights the enormous progress that has been made and offers optimistic glimpses of the low-carbon future we all need.Download the report
Building Back Better
As the politicians and businesses look to navigate a way through the economic uncertainties facing the UK, one thing has emerged as a north star – the desire to 'build back better'. The concept of using investment to spearhead a green industrial revolution, creating new skills and opportunities would appear to be a no brainer.
The Committee for Climate Change has laid down destination markers as we aim for the 2050 net zero emissions target, but so many political decisions need to be made before a more confident course can be plotted. Getting to net zero will require unlocking a wave of essential infrastructure investment to create jobs, as well as an acceleration to market of emerging technologies and new business models which can empower consumers to live more sustainably and affordably.
It invokes an enormous number of questions that the sector will grapple with for some time:
– How do we decarbonise heat?
– How do we ensure sufficient investment in energy networks so that much-needed charging connections are commercially viable, whilst not heaping unaffordable costs onto consumers?
– Can the new £2 billion Green Homes Grant finally spark a much-needed revolution in energy efficiency?
– And will a new £500 million package of measures announced by the Chancellor in March help alleviate the lack of confidence that many people still have in electric vehicles and the charging network that supports them?
Download 'The Green Recovery Report' to get a first-hand insight into the key opportunities in the transition to Net Zero.