The government will struggle to achieve its net zero targets if it continues without a clear plan to decarbonise the power sector – the “backbone” of its ambition – according to the national spending...
The Treasury’s inaugural £10bn bond targeting investments in net zero projects, received more than £100bn of bids from the market, according to reports.
Local authorities will require a centralised strategy to ensure that net zero commitments are met, and councils are not forced to “go it alone”, according to a senior peer.
Central government has no understanding of the scale and funding challenges facing local authorities in implementing net zero objectives, senior councillors have told MPs.
