Proof will be in the delivery of Low Carbon Strategy 

15 July 2009
Tom Delay, Chief Executive of the Carbon Trust, comments on the launch of the Government’s renewable energy and low carbon strategies.  
Responding to the launch of the Government’s renewable energy and low carbon industrial strategies today, Tom Delay, Chief Executive of the Carbon Trust, said:

"We need a seven fold increase in renewable energy generation in just eleven years. This can be achieved but will require not just a transformation in technology, but in political, economic and industrial thinking.

“This was the test of the strategies published today. Do they signal the government intervention needed to ensure barriers to deployment, like planning, are ripped down? Do they unleash a new wave of industrial activity to ensure the UK, like other countries, captures the real the economic benefits from this clean tech revolution? And will it set long term price signals to boost investor confidence and trigger the massive shift in financing needed?

“Today's announcements are very welcome because they significantly reduce investment risk, make some clear choices on UK technology advantage, and tackle some of the key barriers to deployment. But the true test of this new clean tech industrialism is how this new policy framework drives the action and investment needed from business.”

“To deliver this project we will need Herculean effort, and sustained political and engineering action. We can boost our economy, create new industries and new jobs, but we must take action now or risk letting this tremendous opportunity slip between our fingers.”

 
 

The Carbon Trust

  • The Carbon Trust is an independent company set up in 2001 by Government in response to the threat of climate change, to accelerate the move to a low carbon economy by working with organisations to reduce carbon emissions and develop commercial low carbon technologies.
  • We cut carbon emissions now by providing business and the public sector with expert advice, finance and certification to help them reduce their carbon footprint and to stimulate demand for low carbon products and services. Through our work, we’ve already helped save over 17 million tonnes of carbon, delivering costs savings of over £1billion.
  • We cut future carbon emissions by developing new low carbon technologies. We do this through project funding and management, investment and collaboration and by identifying market barriers and practical ways to overcome them. Our work on commercialising new technologies will save over 20 million tonnes of carbon a year by 2050.
 
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