The pact will allow higher entry for U.Ok. companies together with Octopus Energy — the nation’s largest energy provider — to California’s market, the U.Ok.’s Energy Security and Net Zero Department stated.
It may also underpin collaboration between British and Californian analysis establishments and enshrine each side’ continued dedication to worldwide efforts to battle local weather change by the United Nations Framework Convention on Climate Change (UNFCCC) treaty. The Trump administration withdrew the U.S. from the UNFCCC earlier this 12 months.
Striking a distinction, Newsom stated California “will continue showing the world how we can turn innovation and ambition into climate action.”
“California is the best place in America to invest in a clean economy because we set clear goals and we deliver. Today, we deepened our partnership with the United Kingdom on climate action and welcomed nearly a billion dollars in clean tech investment from Octopus Energy,” he added.
Miliband stated that “strong international partnerships” would strengthen “opportunities for U.K. businesses and secures investment for our country.”
