The Prime Minister's announcements on net zero have caused serious concerns and uncertainty for the industry and our members.

His announcement of further decisions in the coming months, but without clarity on what these will entail, only adds to that uncertainty. The promise of further environmental reforms must not hinder innovation.

The ACE Group stresses the urgency of streamlining infrastructure projects in order to support the transition. Delays not only frustrate our members, but also the wider public.

Confidence from investors and companies is crucial for success. Strong leadership is absolutely critical to delivering the emissions reductions needed.

The ACE Group remains committed to advocating for the necessary measures and projects needed in our journey to net zero.

We will be sharing further insights on the announcement in the coming days.