Better supporting industry’s role in the green economy:
The CHPA believes that the Government would benefit from a widening of its efforts to reduce emissions and develop a sustainable green economy.
UK Industry has made important strides in reducing carbon emissions and energy use, but the sector is often viewed as an emissions ‘problem’ rather than a potential partner in the decarbonisation agenda.
This perception limits the growth opportunities from the UK’s environmental commitments as the UK industrial sector is on the front line of the green economy, producing key products such as chemicals used in highly efficient double glazing. When produced by British industry, these produces often have lower emissions than their imported counterparts and there is substantial further scope for additional emissions abatement.
The CHPA has identified two key options for enabling the participation of industry in decarbonising the emissions where the Treasury would play a key role: