Net zero plans are under threat from the energy crisis as companies curb investment, warns CBI

Energy crisis undermines UK's net zero climate plans United as businesses slam the brakes on vital carbon-cutting investments to pay skyrocketing bills, business leaders warn.

Bosses prepare to halt shift to carbon factories and machines with low energy consumption, to buy electric vehicles and to install wind turbines or solar panels, the According to the Confederation of British Industry.

As many as three out of 10 companies told a new CBI inquiry that such spending would be 'suspended or stopped altogether' unless the new government took action to consider reducing ably the industry costs.

In an interview with The Independent, the organization said the bosses' "hearts and minds" were entirely behind the net zero commitment - but 'hard economic reality' throws it in jeopardy.

"Cost and cash flow pressures are affecting the net zero investments they would like to make - something has to give" , said Matthew Fell, the organization's senior policy director.

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In a plea for help, the CBI is appealing for the Industrial Energy Transformation Fund - a program to help companies to improve their energy efficiency, worth just £315m over seven years - to boost.

Otherwise investments towards net zero will be delayed until it is there is "...