Costs of net zero by 2050
The UK’s target of achieving net zero by 2050 was set under then prime minister Theresa May in 2019. To date, there has been political consensus on the target between Conservative and Labour governments. In March 2025, the Leader of the Conservative Party Kemi Badenoch announced that her party no longer supported the target, in part because she did not believe it was affordable. This briefing examines the costs associated with achieving net zero by 2050 and how progress to the target has been legislated for under the Climate Change Act 2008.
