PRIVATE INVESTMENT WILL GET US TO NET ZERO FASTER
We need private investment in our energy infrastructure to reach our Net Zero target as quickly and as efficiently as possible.
Reaching our Net Zero target will require significant long-term, stable and sustained investment from our economy – wherever that money might come from. Britain’s network companies are proven in their ability to successfully deliver risk management, innovation, performance and value for money.
Significant disruption to the energy networks would delay the urgent progress towards Net Zero.
Taking the energy network companies into public ownership would put Britain’s Net Zero target at risk. The money spent nationalising Britain’s energy networks could be spent on investing in new wind farms or nuclear power plants instead.
State ownership will come at a cost to other important public services, such as healthcare and education.
Time is running out. Let’s not waste it on scrapping what works and starting again.