The Labour Party would begin to nationalise energy companies within 100 days of taking office if it isto win Thursday’s General Election.
At a ceremony in Birmingham this morning, the Labour Party launched its “manifesto for hope” including its plan for a “green transformation".
Labour's renationalisation plans could cost the UK a colossal £196 billion, according to new research by CBI.
‘Considerable challenge’ of meeting Labour 2030 net zero target would need ‘rapid’ clean tech ramp-up
The UK could adopt the most ambitious net zero target of any established economy as the Labour Party agrees on a target of 2030, but meeting such a target would be a "considerable challenge" the clean energy sector has warned.
Labour’s plans to renationalise the UK’s energy networks would place at serious risk the country’s hopes of meeting its legally-binding net zero target, a new report has said.
The industry reacts to plans announced by The Labour Party to re-nationalise the UK’s energy networks after a document detailing the plans was leaked.
The Labour Party has unveiled major plans to renationalise the UK’s entire electricity and gas system, claiming that the current system is not fit for purpose.
Renationalisation of the UK’s energy networks could disrupt the low carbon, digital transition underway across the sector and fall short of delivering more renewable generation, according to the sector’s leading trade body.