Treasury must toe the line on renewables
Interference from the Treasury in energy policy must stop if the UK is to secure the investment it needs in low-carbon technologies, warns renewables sectorDavid Cameron and Nick Clegg must bring the Treasury in line with government’s stated plans for renewable energy or put at risk both the future of the sector and meeting the UK’s legally-binding carbo
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The UK government has earmarked £5.5bn for a new Energy Bills Discount Scheme over one year, which is far less than the £18bn in support given for six months under the previous scheme.
One of the world’s leading climate physicists has again called for new regulation forcing the fossil fuel industry to carry out large-scale carbon capture and storage (CCS).