you think we risk falling behind those other countries I mean the point that inflation reduction at the US 30 things in the EU and some of that is about putting the clarity and the tax incentives and all the rest of it I mean it's a sense in which we had it easy in the 2010s and the UK is going to have to work a lot harder in the 2020s to attract that talent capital supply chain innovation here yeah I

mean there were some decisions that were taken again on the back of a minority of individuals who were arguing against you know greed improvements whether in onshore wind or whether energy efficiency that have been catastrophic financially you know not just in terms of the ability for us to have scaled up our renewable power generation further and faster than we could off and you're going to meet that 2035 decarbonization of the power sector I mean it's it's now just become a far steeper curve and we've had to develop far more and far in far less time and you know that's the challenge you know whether this report this is presents because when I was asked the question how do you achieve net zero in a more affordable and efficient manner my answer in my 420 page essay is you achieve net zero in affordable and efficient way by doing as much as you can now because the costs will only rise the longer you delay and to create uncertainty means investment will go elsewhere and we've had for in the past an argument well the UK has been leading and you know other companies don't want to go elsewhere yeah what the US has done in 2022 with the inflation reduction act 369 billion pounds worth of investments can be made in green technologies means there is now another place for these companies to go yeah what Germany is taking forwards even what China is taking forwards yet there is our countries that investors can now locate in a way that potentially that wasn't the case 10 years ago so we are in this global net zero race and that in a way is fantastic because we have a progress that we will make as part of that competitive spirit you know is going to deliver global transformation on missions reduction but the UK has to ask itself the question does it want to lead or does it want to follow because to lead is far far more affordable and cheaper in the long run than the costs of following you know there are no free rider advantages now in net zero of the UK simply waiting to see the US or Germany or other countries pull ahead of us and I urge you know the UK government to think through the impact of not zero because net zero now is the primary agent by which we can achieve economic growth in the

future