Treasury launches review of tools to reach net zero

The Treasury has officially launched a review examining how it can achieve the UK’s goal to become carbon neutral by 2050, while “maximising opportunities for economic growth”.

The review will seek views from both policy experts and “those who will have a role in and be impacted by the transition” to examine where the costs of decarbonisation would fall. 

It will “consider the full range of government levers, including tax”, according to a Treasury statement, but will not duplicate its current work on sector-specific decarbonisation, the costs of climate adaptation or the social benefits of climate policy. 

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