On Tuesday in the House of Commons, Richard questioned Business Minister Greg Hands MP about the costs associated with pursuing the goal of Net Zero, following an announcement on the Government's Net Zero and Heat and Buildings Strategies.
Richard Fuller, MP for North East Bedfordshire and Member of the Business and Energy Select Committee, said:
Most of us agree that the UK's pursuit of Net Zero is an important ambition, however the route to this goal is fraught with untested technologies, unforeseeable potential costs and unclear challenges posed by being a 'first mover' in this space.
I sought assurances that the government was doing the utmost due diligence on assessing these factors and the extent of possible impacts on businesses and households.
To read the Net Zero Strategy, please visit this page. To read the Heat and Buildings Strategy policy paper, please visit this page. To watch Richard's question and the Minister's answer, please visit this page. Both the Net Zero and Heat and Buildings Strategies build on the Prime Minister’s Ten Point Plan in November 2020 which laid the foundations for a green industrial revolution, kick-starting billions of pounds of investment in new and green industries to help level up the country. To date, the UK has decarbonised faster than any other G7 country.