2023-09-05
The Energy Bill is due for more Parliamentary debate this month, allegedly.
It's a complex beast, and apparently required in order for us to make up for the loss of EU legislation "following Brexit".
Is it all about investment?
“A delay on the Energy Bill will have a massive ripple effect on the rest of the energy sector ... Why would you invest in the U.K. when we don’t have an incentive package that matches the IRA [the U.S. Inflation Reduction Act] or EU’s Net Zero Industry Act, and now we don’t even have the legislation, maybe, to back it up?"
So investment necessary to reach "net zero" might be imperilled?
“The important reforms and measures it includes are needed more than ever after the energy crisis to help accelerate the energy transition"
Still, green campaigners are not happy with progress, so to help things along they will start legal proceedings ... (when did such proceedings ever speed anything up?)
"We said we’d take the government to court again if we believed that they’d failed to honor their climate commitments — and this is exactly what we are now doing”
