PRESS RELEASE: UKGBC reacts to Autumn Budget
The UK Green Building Council has today reacted to The Chancellor’s Autumn Budget.
Julie Hirigoyen, chief executive at UKGBC said:
“Three weeks after the IPCC’s landmark report highlighted the urgent need to tackle climate change and the subsequent ambitions announced by the Minister for Energy and Clean Growth, this budget is notable by the absence of any substantial clean growth measures. Indeed, a number of important policies have been hit, with the scrapping of Enhanced Capital Allowances, making it harder for companies to invest in energy efficiency improvements, and the Chancellor signalling his intention to weaken Carbon Price Support. This is at odds with the scale of the climate challenge and the urgency with which it needs to be tackled.
In the absence of leadership on clean growth in today’s Budget, it is now more important than ever that businesses show real leadership in reducing emissions. The construction and property industry has a huge part to play; we urgently need to begin decarbonising our buildings on a path to net zero emissions. UKGBC’s Advancing Net Zero project is garnering cross-industry support for progressing action on net zero carbon buildings, and we will continue to engage with policymakers to ensure that the UK’s clean growth ambitions are realised.”
The Budget documents are available here