The drive for net zero!
The UK has committed to reduce carbon emissions to net zero by 2050 and rail travel will play a monumental role on that journey to decarbonisation. Decarbonisation has never been higher on the agenda in rail, and although 2050 is a generation away any decisions made today will have a direct impact on the UK’s ability to meet its target in the most cost-effective way.
The abandonment of the UK rail franchising system, technological progress and the declining costs of renewables means that green power can now be coupled with innovation and investment. The franchising system in UK rail could be seen as one of the reasons we haven’t seen implementation of measurable innovation, why? Because train operating companies (TOCs) with short-term contracts were simply never going to have the incentive to invest for the long term.
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