Foreign Investment in UK: Environment Protection

(asked on 21st June 2017) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans the Government has to provide certainty of energy policy in order to attract green technology companies to the UK.


This question was answered on 26th June 2017

Clean growth is a key pillar of our industrial strategy. The low carbon sector already brings significant benefits to the UK, employing over 230,000 people directly and another 200,000 through supply chains. Within the sector, the UK has established world-leading expertise in several areas of green technology, including offshore wind and electric vehicles. Since 2012, over £56 billion has been invested in renewable energy generation in the UK. In 2016, one in five battery electric cars sold in the EU was made in the UK.

Certainty for the UK’s energy policy is provided by several frameworks, including the Climate Change Act 2008. This established the UK’s 2050 target to reduce greenhouse gas emissions by at least 80% on 1990 levels and a supporting framework of five year carbon budgets.

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