New funding frameworks for nuclear power plants, new investments in renewable energy, liquidity for electric vehicle charging points and a subsidy program for heat pumps are all expected to be announced.
But will that be enough? The government is under pressure from the left to go further, faster. Labor pledged at its party conference to spend quadruple the amount the Tories have so far pledged on the green agenda over the next decade.
However, an increasingly vocal faction of the conservative right wants the brakes to be applied to the government’s net zero plan. Conservative MPs from the Net Zero Scrutiny Group are deeply concerned about the cost of the plan to both the state and individuals.
Rishi Sunak is certainly aware of these cost concerns, but also understands that not achieving decarbonization today would have serious political repercussions. As world leaders and 25,000 delegates prepare to descend on Glasgow this weekend, the budget must bolster Britain’s eco-credibility as host of Cop26.