Net zero government rollbacks - 3 fund ideas to make a difference

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The road to net zero has gotten a little bumpier following wide-ranging rollbacks. We look at what’s changed and share three fund ideas that could help to make a difference.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

28 September 2023

Rishi Sunak has weakened the UK’s environmental commitments to net zero.

The rollbacks include:

The prime minister described his new approach as more pragmatic and realistic, focusing on policies that directly impact consumers. While this policy shift might save consumers pennies in the short term, in the long term, the hope is that green policies will unlock more sustainable cost savings.

When it comes to electric vehicles for example, the initial cost might be more than a petrol or diesel car, but you’re saving money in the long run. They’re currently exempt from road tax and ULEZ zones, and a full charge averages between just £17-26.

For household energy efficiency, one estimate suggests delaying the