The Confederation of British Industry (CBI) has warned that the UK is failing to attract low-carbon investment

The CBI warned today that Britain is failing to attract enough the investment required to build a low-carbon energy infrastructure.

They claim that the energy sector will require £150bn of private investment alone over the next 20 years, to replace the third of energy supply that is due to close over the next decade.

And with tough carbon reduction targets to hit, the nation needs to go beyond simply replacing the energy supply to be lost in the near future.

In their new report, the CBI reveal that business leaders are unconvinced that the UK can attract investment at the scale and speed required.

The report interviewed CEOs from the energy, finance, manufacturing and property sectors.

The report mentions the policy shift of the Carbon Reduction Commitment Energy Efficiency Scheme as an example of how the government should not be encouraging businesses to invest in low-carbon energy.

The CBI report instead calls for a business-friendly strategy with a clear direction and consistent policy.