Energy Security and Net Zero Minister Graham Stuart has today defended the government’s net zero strategy, insisting the UK is leading the world with its decarbonisation efforts and can deliver on its upcoming carbon budgets.

Speaking at the Innovation Zero conference in London this morning, Stuart said he had “absolute confidence in our system”, despite the growing international competition for clean tech investment triggered by the adoption of the US Inflation Reduction Act (IRA).

He argued the UK’s Climate Change Act and “across the aisle” consensus on climate action meant the country was “the most stable and secure place to invest in the [clean energy] transition”.

He added that he was glad the US had “woken up” and the EU was adopting more ambitious decarbonisation policies, but challenged the two economic superpowers to now emulate the UK and adopt more ambitious emissions targets through the national climate action plans they

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