The United Kingdom's LTS refers to its 2050 net zero target enshrined in law since 2019. The strategy is structured around 4 key principles:
1. To work with the grain of consumer choice: no one will be required to rip out their existing boiler or scrap their current car
2. To ensure the biggest polluters pay the most for the transition through fair carbon pricing
3. To ensure that the most vulnerable are protected through Government supportin the form of energy bill discounts, energy efficiency upgrades, and more
4. To work with businesses to continue delivering deep cost reductions in low carbon tech through support for the latest state of the art kit to bring down costs for consumers and deliver benefits for businesses.