Today, the Chancellor of the Exchequer Jeremy Hunt delivered the Spring Budget. Helen Clarkson, CEO of Climate Group, responded:
“The US, EU and China are overpowering the UK in the race to decarbonise, and unfortunately, this budget falls short of offering a plan to compete for green investment. While Chancellor Jeremy Hunt nodded to the UK’s past achievements on expanding offshore wind and rooftop solar, this Spring Budget overlooks cheap and clean renewable energy, and instead rebrands nuclear as ‘environmentally sustainable’ and throws cash at carbon capture technology. This was a missed opportunity to renew the UK’s commitment to climate leadership, seriously invest in energy efficiency, speed up the electric vehicle switch, stop subsidies for fossil fuels and increase onshore wind.”
