What Dieter Helm’s review and the industrial strategy might miss
Not all of the ten ‘pillars’ of the industrial strategy green paper will make it into the white paper expected by the end of this year. Civil servants working on the final strategy say the innovation, skills, place, business and infrastructure pillars are the ones likely to remain and the content of the affordable energy and clean growth pillar will be embedded across the strategy. If that can be done well it will better than having a standalone chapter, but if it is done badly, it will be a disaster for the UK’s low carbon transition.
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This year the spring budget comes at an odd time for all things low carbon in the UK. In February, the government published its industrial strategy, setting out its clean growth aims as part of Theresa May’s flagship domestic economic policy. By the beginning of the summer, the government will produce a ‘clean growth’ plan, outlining how the UK will meet its fourth and fifth carbon budgets (covering 2023-32).
Under its new industrial strategy, the government has 