Greenhouse Gas Emissions: Finance

(asked on 24th May 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the value of an independent technology assessment body to inform investment decisions in technologies to deliver net zero.


Answered by
Anne-Marie Trevelyan Portrait
Anne-Marie Trevelyan
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 27th May 2021

We reference a wide range of analysis, both domestic and international to establish what, based on current understanding of technologies, are the high-level priorities on a sensible pathway to Net Zero. In particular, BEIS commissioned independent analysis through the Energy Innovation Needs Assessment (EINAs), which involved input from over 180 stakeholders. That analysis informs the prioritisation of government investment in low-carbon innovation, and is available on our website[1]. We also benefit from private sector, independent challenge on our cross-Government Energy Innovation Board which will become the Net Zero Innovation Board, chaired by Sir Patrick Vallance, the Government’s Chief Scientific Adviser.

[1] https://www.gov.uk/government/publications/energy-innovation-needs-assessments

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