“The UK risks minimising the creation of the jobs and the economic upside that would come from the green transition, and it would just become a problem for our balance of payments,” James Murray, cofounder of the Net Zero Festival and editor ofOne industry source said Mr Sunak’s rhetoric would “turn investors cold” and called trying to compete with heavily subsidised EU and US companies while the UK Government equivocates “quite scary”.
While Mr Sunak scrapped the 2035 ban, he did announce a 50 per cent increase in the amount of money available under the Boiler Upgrade Scheme for households wishing to buy a heat pump.
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