CBI responds to the Government’s Jet Zero Strategy
19 July 2022
John Foster, CBI Policy Unit Director, said:
“The Government has provided clear signs to business that the UK is committed to scaling up net zero aerospace and aviation technologies. Industry will be buoyed by the Strategy’s ambition but need today’s signals to now be matched with speed.
“Regular delivery plan reviews alongside a newly installed Charter will give companies the confidence and focus they need to forge forward with the swift development of new, cutting-edge decarbonisation technologies.
“Government must now bring forward a price mechanism for the Sustainable Aviation Fuel. By becoming market makers, the UK could unleash investment in first-of-a-kind projects, stimulate economic growth and deliver on the 10% SAF mandate by 2030.
“Jet Zero’s success lies in Government working closely with business. By creating the conditions for companies to invest, our country can create a world-leading sector that shifts the dial on global aviation emissions.”