Political uncertainty is damaging the UK’s low-carbon ambitions and could prevent the nation from staying within its carbon budgets, a report claims.
The UK Energy Research Centre asserts that while the UK remains committed to lofty climate change targets recent rises in energy prices, the impact of the 2008 financial crisis and heightened concerns about energy security have challenged the government’s commitment to them.
The report UK Energy Strategies Under Uncertainty features contributions from more than 30 academic experts on energy and identifies the key issues that have arisen as well as recommending strategies to tackle them.
Professor Jim Watson, Research Director of the UK Energy Research Centre and one of the lead authors, said: “For the past decade energy policy in the UK has been an increasingly delicate balancing act between reducing emissions, security and affordability.
“Policymakers are right to be sensitive to the financial pressures facing the public and businesses but action to relieve these pressures shouldn’t come at the cost of progress towards a low-carbon economy.
Uncertainty Energy Policy ‘could hamstring UK’