Sam Hall, Director of the Conservative Environment Network, responded to the Chancellor’s speech for growth in Oxfordshire:
“The environment and economic growth are inextricably linked. Neither are well served by the status quo. The government’s intention to accelerate green infrastructure and reform poorly designed environmental regulations which are slowing growth and failing nature is promising. If they actually follow through on their rhetoric, they can grow the economy, raise living standards, and protect our natural environment. These are good market-friendly policies that Conservatives will regret not delivering in government.
“But Reeves’ warm words risk being betrayed by the government’s statist instincts. Unnecessary bureaucracy and spending on ideological projects like GB Energy and cumbersome regulation for new nuclear will undermine private investment and push up energy costs across the economy. And higher taxes on businesses and electricity are dampening growth and slowing decarbonisation. If the Chancellor wants faster growth, the government must ditch its statist ideology and back a truly market-led approach to meeting our environmental goals.”
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