The government could be making decisions on the future of UK energy without considering their potential to impact consumer bills, according to a House of Lords select committee.
Yesterday’s budget has received a largely mixed response, with the government’s commitment to a provisional carbon price in the result of a no-deal Brexit unable to offset those miffed at a lack of concrete low carbon commitments. Here’s what the UK’s clean sectors have had to say.
The government has said it would put a carbon emissions tax in place to replace the EU Emissions Trading Scheme in the result of a no-deal Brexit, but renewables have been omitted from yet another Budget.
Energy UK chief executive Lawrence Slade has urged government officials to deliver more certainty and clarity over the future regulatory landscape in the wake of Brexit, claiming that the opacity around future frameworks is already impacting the sector.
Energy giants, trade associations and other stakeholders have launched a new initiative aiming to pressure policy makers to clean up the continent’s power market.