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In this episode, our CEO John Feddersen is delighted to be joined by Stef Murphy and Paro Konar, Directors of Industrial Energy at Department for Business, Energy and Industrial Strategy (BEIS). Stef and Paro are job share directors for the Industrial Energy Directorate which provides focus and leadership of BEIS strategy, policy development and delivery on industrial energy issues,\u202fand also ensure that industrial energy policies maximise the economic opportunities to the UK from the global move to cleaner growth, as part of the overall Industrial Strategy. \n\nThe focus of the conversation is around industrial decarbonisation as the UK government has published its strategy in March this year, and the upcoming hydrogen strategy. The main topics include:\n\n\u2022\tKey challenges and opportunities for industry in the move to Net Zero\n\u2022\tThe progress against commitments in the UK\u2019s Energy White Paper and the Ten Point Plan\n\u2022\tThe UK\u2019s upcoming Hydrogen Strategy and what to expect from it\n\u2022\tUK\u2019s Emissions Trading Scheme (UK ETS), what did it take to set it up from scratch & lessons learnt since the early EU ETS in 2005\n\u2022\tThe impact of EU\u2019s Carbon Border Adjustment Mechanism (CBAM) on the UK industry\n\nNOTE: \n\nAt ~ min. 23:15 in the recording the \u2018Net Zero Hydrogen Fund\u2019 supporting the development and adoption of hydrogen is mentioned and referred to as the \xa3250 million fund. We would like to clarify that the \u2018Net Zero Hydrogen Fund\u2019 is \xa3240 million.