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Green Industrial Revolution needs Green Industrial Regulation
In July, US President Joe Biden said: “When I hear the words climate change, I hear the word “jobs”.
In September, President Xi Jinping pledged China would achieve carbon neutrality before 2060.
In November, the UK Prime Minister Boris Johnson published a ten point plan for a Green Industrial Revolution, mobilising £12 billion of investment and supporting up to 250,000 British jobs to achieve net zero.
We are in a race.
Nations that help businesses decarbonise and prepare infrastructure for climate impacts fastest win investment.
Industries the Environment Agency regulates tell us a strong framework of green legislation gives them an economic advantage over global competitors.