If it is to compete on the world stage, the UK needs to incentivise clean tech business now.
Today, King Charles praised the UK's ‘leading science institutions’ and claimed that our research base make us the ‘most innovative society in the world’.
Yet, there was nothing in the King's Speech to support the UK in becoming the ‘science superpower’ that all political parties want us to become.
The measures announced in the speech will lead to an inevitable slowing down of the development of new clean technology – bad news for humanity, and potentially catastrophic for the UK economy.
It’s time for a fully-fledged industrial strategy, including an ecosystem that will allow the UK to make the most of the tremendous economic opportunities that our scientists and most innovative companies provide.
If it is to compete on the world stage, the UK needs to incentivise clean tech business now. Pushing the requirement for net zero back puts the UK at risk of missing the boat to deliver these new green technologies.
The world will move on in developing these without us.
UK science and innovation has been the bedrock of the British economy. It now risks becoming a tech backwater without the future green industrial landscape in which to thrive.
Download SCI's Manifesto for an Industrial Science & Innovation Strategy here.
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