Net Zero Festival: The economic case for a net zero industrial revolution

BusinessGreen staff
clock • 1 min read

VIDEO: CBI's chief economist Rain Newton-Smith explains why the net zero transition is inevitable, desirable, and affordable

Rain Newton-Smith is chief economist at Britain's biggest business group the Confederation of British Industry (CBI), which speaks on behalf of around 190,000 companies collectively employing almost seven million people.

With a career that has taken in spells at the Bank of England's Monetary Policy Committee, the International Monetary Fund and Oxford Economics, Newton-Smith is one of the country's leading economic experts, and since joining the CBI, one of her core focuses has been on the transition to a net zero, sustainable economy.

At BusinessGreen's Net Zero Festival last week, Newton-Smith set out the economic case for net zero in the UK - the necessity, benefits and challenges - and argued the transition is not only desireable and inevitable, but also, crucially, affordable. Her keynote speech, and the interview which followed with the BBC's energy and environment analyst Roger Harrabin, can be watched in full above.

All of the panel debates, keynote speeches, and presentations from the Net Zero Festival - which took place over three days from 29 September 2021 featuring hundreds of top speakers from business, politics and academia - are now available to watch again on demand by signing up for free on the Net Zero Festival website.

 

 

 

More on Policy

Reports: Treasury preps additional energy bill support for low income households

Reports: Treasury preps additional energy bill support for low income households

The Guardian reports Chancellor is working on plans to increase Warm Homes Discount, but proposals to move levies off energy bills continue to face resistance

James Murray
clock 07 October 2026 • 5 min read
Global Briefing: Australian government slammed over coal mine approval

Global Briefing: Australian government slammed over coal mine approval

Plus: New York hails building emissions progress; Singapore launches green levy for flights; and MEPs set out their COP31 priorities, in our round up of the top green business news from around the world this week.

James Murray
clock 02 October 2026 • 6 min read
Smart tariff opportunities, Labour conference, and the growing momentum by the '35 by 35' goal

Smart tariff opportunities, Labour conference, and the growing momentum by the '35 by 35' goal

BusinessGreen Editor’s Briefing – October part one

BusinessGreen staff
clock 02 October 2026 • 3 min read