Reacting to the Prime Minister’s triggering of Article 50 today, Nick Molho, Executive Director of the Aldersgate Group, said:
“Several key environmental and climate change policies are derived from EU legislation. Brexit will open up opportunities to make improvements in certain areas such as farming but the UK’s withdrawal must not lead to any weakening of our environmental protections or ambition. The UK needs stable and ambitious policies that will help improve the state of its environment for the benefit of its economy and society and attract more private investment in innovation and green infrastructure.”
Nick Molho added: “There are many areas of environmental and energy policy where it will be in the interest of businesses and consumers for the UK to continue working closely with the EU. This will be important in areas such as product standards that will still apply to British businesses selling goods in the Single Market and the future of the Internal Energy Market, which is essential to the cost-effective and secure growth of renewable energy in the UK.”
Reacting to the Spring Budget today, Nick Molho, Executive Director of the Aldersgate Group, said:
“It was positive to see lots of focus in today’s budget on supporting innovative businesses and ensuring the UK’s workforce has the skills it needs to benefit from the job opportunities of the future. But despite the fact that some of our key trading partners such as China are investing heavily in renewable energy and other clean technologies, there was no reference to the importance of the low carbon sector to the future competitiveness of the UK economy.
If the UK is to meet the Chancellor’s ambition of being at the cutting edge of the global economy, the Autumn Budget will need to be much clearer about the UK’s environmental and low carbon ambitions and provide a clear business plan to meet the UK’s policy objectives under its Emissions Reduction Plan and 25 Year Plan for the Environment.”
 A record $285bn was invested in renewable energy globally in 2015 – see Global Trends in Renewable Energy Investments 2016 – http://bit.ly/1RAJA8w
 The UK’s low carbon and renewable energy economy was responsible for over 447,000 jobs and a turnover in excess of £83bn in 2014 – see UK Environmental Accounts: Low Carbon and Renewable Energy Economy Survey, total activity: 2014 – http://bit.ly/2mlwIOG
Reacting to the Business Energy and Industrial Strategy (BEIS) Committee’s review of the Industrial Strategy, the Aldersgate Group stressed that supporting the continued growth of the UK’s low carbon supply chains is essential to deliver the government’s objectives of supporting growth across the UK.
The Committee calls for horizontal policies to drive forward the Prime Minister’s ambition of rebalancing productivity and growth the UK. A recent report from the Aldersgate Group showed that the UK’s cross-sector low carbon and renewable energy economy, which was responsible for over 447,000 jobs and a turnover in excess of £83bn in 2014, has seen significant investment in jobs and skills in parts of the UK that have suffered most from under-investment in recent years. The continued growth of low carbon markets such as offshore wind, electric vehicles, ICT and energy efficiency, can have a central role in driving productivity and the government’s objective of delivering an economy that works for everyone.
Nick Molho, executive director of the Aldersgate Group said: “Supporting the continued growth of the UK’s low carbon economy provides the horizontal cut-through that the BEIS Committee demands. The government’s Industrial Strategy must complement its Emissions Reduction Plan (ERP) to maximise growth in UK low carbon supply chains and provide the policy consistency that business needs.”