Industry Leaders Urge Truss to Prioritize Net Zero Targets

More than 30 chief executives from the built environment sector have called on Prime Minister Liz Truss to take stronger action in meeting the UK’s net zero goals. Signatories from major firms, including Bam, CBRE, Arup, and British Land, emphasized the need for enhanced government delivery mechanisms to cut carbon emissions.

Concerns Over Energy Policy and Environmental Commitments

The letter comes shortly after Truss unveiled measures to address soaring energy bills, including issuing over 100 new oil and gas exploration licenses and lifting the ban on fracking. These moves have raised concerns about the government’s commitment to sustainability.

Business Leaders Call for a Robust Net Zero Strategy

A total of 116 executives, representing 425,000 employees and a market value of £1.8 trillion, signed the letter. They urged the government to outline a clear, actionable strategy for achieving net zero, covering sectors such as planning, building regulations, and agriculture.

The Case for Energy Efficiency and Industrial Decarbonization

The letter highlights the need for comprehensive policies to improve energy efficiency in homes and businesses. Industry leaders argue that a clear decarbonization strategy would strengthen domestic energy security, reduce reliance on volatile global fuel markets, and support the UK’s net zero goals.

Truss’s Energy Support Package: Short-Term Relief or Long-Term Setback?

The government has pledged an estimated £150bn to cap household energy bills at around £2,500, temporarily removing green levies that fund renewable energy projects. Business support measures include capping electricity and gas prices for an initial six months, with a review after three months.

Industry Leaders Warn of Missed Economic Opportunities

The letter emphasizes that accelerating the clean energy transition could provide economic benefits and position the UK as a global leader in sustainable growth. Business leaders warn that delaying net zero efforts could hinder long-term energy security and economic stability.