• 2 years ago
Transcript
00:00 Now we've been through the numbers and we're absolutely confident that we are on track to hit
00:03 all our international and domestic targets, which by the way are world leading. And the reason I
00:08 have confidence in that is because we've over delivered on all of our carbon budgets to date,
00:12 despite everyone saying, oh, you might not hit them, we've over delivered on them. Plus,
00:16 we can see that the costs of some of these new technologies are falling far faster than people
00:21 have predicted. Offshore wind is a great example of that. Cost today, 70% less than we predicted
00:26 in 2016. And the adoption of new technologies is happening far faster than we thought. Electric
00:31 vehicles being another good example. So when you put all of that together, run the numbers as we
00:36 have, we're confident we're on track to deliver net zero and we can do it now in a more proportionate
00:40 and pragmatic way. That's how we're going to bring people with us, maintain consent for it,
00:44 and minimise costs for working families that could have spiralled into the thousands and
00:48 thousands of pounds. I don't think that's right.

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