CEO Statement on UK's Modern Industrial Strategy
Today’s launch of the UK's Modern Industrial Strategy sends an important signal to industrial businesses – and to those driving the clean energy transition.
Aniruddha Sharma, Chair and CEO, Carbon Clean, comments:
“The cost of electricity is a threat to the industrial businesses on which UK economic growth depends. It is right that today’s Industrial Strategy has those costs in its sights. Combined with the strengthened carbon pricing aligned with the EU Emissions Trading Scheme (ETS), these policies could significantly improve the investment environment for industrial decarbonisation projects – and help the UK remain a leader in carbon capture and other decarbonisation technologies.”
“As a UK-based capture technology manufacturer, with supply chain partners across the UK, it’s great to see the barriers to growth being addressed, and we look forward to working with the government to follow through on the vision in today’s Industrial Strategy.”
Read the Industrial Strategy policy paper released by the UK Government here.
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