Although the Strategy relies on private investment, government does not have a good track record of providing investor confidence in climate policy.18 For example, government set out plans for zero carbon homes in 2006, but cancelled these in 2015.19 Even today, on the back of Net Zero and COP 26 commitments, the UK continues to build over 200,000 new homes per year, the overwhelming majority use fossil fuel heating systems and traditional building methods with insufficient insulation. This i...
Although the Strategy relies on private investment, government does not have a good track record of providing investor confidence in climate policy.18 For example, government set out plans for zero carbon homes in 2006, but cancelled these in 2015.19 Even today, on the back of Net Zero and COP 26 commitments, the UK continues to build over 200,000 new homes per year, the overwhelming majority use fossil fuel heating systems and traditional building methods with insufficient insulation. This is incoherent. The previous Committee reported in 2017 that the decision to cancel support for the construction of the UK’s first large-scale carbon captu Type: conclusion | Number: 7 | Response status: not_addressed