The news that UK Prime Minster Sunak is set to further dilute the government’s climate policies demonstrates that when the political going gets tough, climate policies are the first to fall by the wayside. From a macro perspective, the biggest risk is that heightened uncertainty about the direction of policy delays and deters investment in green technology in a range of sectors including autos and property.
Note: Join our online briefing at 3pm BST/10am EDT on Thursday, 28th September about recent developments in UK climate policy, what they mean for investors, and the potential implications for other economies. Register here.
In view of the wider interest, we are also sending this Climate Economics Update to clients of our UK Economics, UK Commercial Property and UK Housing services.
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