"It’s alarming for companies considering UK investments in these areas when these same policies are shelved the next day"

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Responding to the Prime Minister’s speech on Net Zero, Energy UK’s chief executive, Emma Pinchbeck said:

“Sudden changes to policies and targets like this are damaging to the very investment we need to fund the move towards Net Zero and jeopardise the economic benefits and opportunities this transformation could bring in terms of jobs, growth and greater prosperity to all parts of the country. “Businesses need certainty and stability when making long-term investments worth billions of pounds and targets help provide exactly that. That way businesses can invest, innovate and bring down the costs of low-carbon technologies that we need to adopt like heat pumps and electric vehicles – exactly as they have been doing. As recently as yesterday, Ministers... ... More: Official Press Release Energy UK

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Energy UK, Prime Minister, Net Zero, goal, UK, change, investment, transformation, growth, business, industry, shelved