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NatWest boss to co-chair new energy efficiency taskforce
The Government will today formally launch its new energy efficiency taskforce and name NatWest boss Alison Rose as its co-chair alongside energy security and net zero minister Lord Callanan.
The task force will devise a plan to cut energy consumption by 15% by 2030 compared to 2021 levels across domestic and commercial buildings and industrial processes.
Responding to the industry’s call for long-term funding certainty to help strengthen supply chains, £6bn of government funding is being pledged from 2025 to support this objective, in addition to the £6.6bn allocated this Parliament – taking the total to £12.6bn this decade.
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