Market volatility in oil prices indirectly boosted low carbon investing flows, as investors seek cleaner alternatives to hedge fossil fuel exposure risks in diversified portfolios. Badenoch said if she became prime minister her party would repeal the 2008 Climate Change Act which set targets for cutting carbon emissions and reaching net zero. We’re building on our technology, scale, project execution, and integration advantages to establish an attractive new business. We believe this new business complements our traditional businesses and will underpin the company’s growth and returns for decades to come. Low carbon investing gained momentum this week as renewable energy ETFs rose 2.8%, driven by strong Q1 earnings from solar sector leaders. Analysts expect green infrastructure stocks to see continued upside into Q3 on policy tailwinds from the EU’s carbon neutrality targets.