In this report we propose a number of recommendations which could help bridge the confidence gap between industry and the government, and help the nation achieve its long-term low-carbon targets.
With less than 40 years to reduce our greenhouse gas (GHG) emissions by 80%, the UK government has recognised the need for a new nuclear build programme. For the UK to achieve the 2020 and 2050 targets for reducing greenhouse gas emissions, all sectors of the economy will need to play their part in reducing greenhouse gas emissions. The energy and transport sectors, which between them account for over 50% of GHG emissions, are of particular concern due to their heavy reliance on fossil fuels.
We firmly believe that it is the role of the government to provide leadership and commitment to industry if these tasks and targets are to be achieved. The relationship between industry and the government must be one which is built upon trust and confidence. We believe that in the case of nuclear new build, this confidence is not as strong as it needs to be. We propose, via the recommendations made in this report, solutions to help correct this situation.
These include the provision of enabling support and actions to encourage sectors to transition to low-carbon alternatives, including the reduction of red-tape and removal of obstructions which inhibit investment. We also recommend clear communications with the public and industry about the reasons why we need to achieve these ambitious targets, even if they are not popular.
We urge the Government and other key stakeholders to consider the following three recommendations to ensure the UK’s ambition to transition to a low-carbon economy can be met:
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