Energy and climate change secretary Amber Rudd confirmed that despite leaving the EU the UK will remain committed to climate action.
Addressing the Business and Climate Summit on 29 June, Rudd said following the result the government was fully committed to negotiating the best settlement for the country, including “delivering the secure, affordable, clean energy our families and business need.”
Rudd also confirmed the government would deliver its decision on the Fifth Carbon Budget tomorrow. Carbon budgets limit the amount of greenhouse gases the UK is allowed to emit over specified five year timeframes. The Fifth Carbon Budget is set to formalise a target of a 57% cut in emissions by 2032.
Rudd concluded: “As investors and businesses, you can be confident we remain committed to building a secure, affordable low carbon infrastructure fit for the 21st Century.”