Optimism on post-Brexit renewables innovation
Published December 2016
The sustainability challenges posed by the UK’s forthcoming exit of the EU were a central topic at this year's annual EIC Conference. With regulatory authority moving from Brussels back to Whitehall, the question remains what kind of stance Theresa May’s cabinet will take on environmental regulation.
A strong sense of optimism concerning the UK’s global position in regards to renewable innovation and sustainability did prevail. Laurence Kemball-Cook, founder and CEO of Pavegen, highlighted the UK’s continuing innovative strength with his company’s electricity generating floor tiles, while Emma Howard Boyd, Chair of the Environment Agency, stressed the UK’s leading position in the field of environmental regulation. This position, unlikely to change much in the future (the quote of the day was “people did not vote for dirtier air and rivers”), will be a key attraction for UK inbound investment as the circular economy benefits from investment into renewable projects supported by the highest regulatory standards.