A net-zero strategy in need of a jolt
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Narrated by Alistair Osborne
Building a business for “net zero” is not without its risks. Say the government goes soft on the targets. Or sets such a cheapskate price for an offshore wind auction that nobody bids. Or slaps a windfall tax on the same companies and investors it’s relying on for hundreds of billions of investment.
Such are the joys of working with Rishi Sunak’s government: an administration built on a heady mix of internecine warfare and kneejerk policymaking, dependent on the outcome of an Uxbridge byelection.
So, given that backdrop, maybe it’s a surprise to find the SSE boss Alistair Phillips-Davies not only certain of the political commitment to greening up Britain’s energy system but happy to top up the group’s five-year capex plan by £2.5 billion
