Home| Features| About| Customer Support| Request Demo| Our Analysts| Login
Gallery inside!
Events

Net Zero Review to be Released by Government in Early 2023

At the start of the new year, Prime Minister Rishi Sunak's dedication to addressing climate change could be put to the test with the release of an assessment into the UK's goal of achieving net zero carbon emissions by 2050.

January 2, 2023
5 minutes
minute read
At the start of the new year, Prime Minister Rishi Sunak's dedication to addressing climate change could be put to the test with the release of an assessment into the UK's goal of achieving net zero carbon emissions by 2050.


The Department for Business, Energy and Industrial Strategy has announced that the review conducted by Conservative MP Chris Skidmore will be released in the early part of 2021.


Mr Skidmore was requested to contemplate how the nation could achieve "maximum economic growth and investment" in conjunction with the Government's climate change objectives, while also taking into account the necessity for energy security and the expenses for the public.


A representative from the Government declared that they are still "fully devoted to achieving net zero emissions," but due to Russia's utilization of energy as a weapon in Europe, they must make sure they reach their goal in a manner that safeguards energy security and does not put too much strain on businesses or people.
We are grateful to Chris Skidmore MP for his hard work in creating this speedy review and will make it available in the upcoming year.


Shortly after assuming his role as Chancellor of the Exchequer, Rishi Sunak made a surprise visit to Egypt for the Cop27 summit, despite the Prime Minister's Office indicating that he had no plans to attend.


At the event, the Prime Minister declared that it was both morally and economically beneficial to fulfill commitments to combat climate change. He argued that this would reduce reliance on energy sources and create new employment opportunities and economic growth.
In December, environmentalists expressed strong disapproval of the Government's decision to approve a new coal mine in Whitehaven, Cumbria, the first of its kind in 30 years. Mr Sunak was at the center of the criticism.


At the time, Michael Gove, the Communities Secretary, maintained that the scheme would be a net zero emissions project, despite warnings from experts that it sent a negative message to industry about their climate pledges to reduce emissions to zero.


Mr Skidmore is among the prominent Conservative MPs who have decided not to seek re-election to the House of Commons.
The Member of Parliament declared his intention to depart the Commons, expressing his desire to contribute to the UK's transition to net zero in his own small way.

Tags:
Author
Cathy Hills
Associate Editor
Eric Ng
Contributor
John Liu
Contributor
Editorial Board
Contributor
Bryan Curtis
Contributor
Adan Harris
Managing Editor
Cathy Hills
Associate Editor

Subscribe to our newsletter!

As a leading independent research provider, TradeAlgo keeps you connected from anywhere.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Explore
Related posts.