Environment & Energy
Latest Environment & Energy Publications
The current policy of subsidising select UK ‘green’ industries is based not on the subsidies for such selected sectors being the best way to reduce carbon emissions, but that a principal objective of these public subsidies is to promote UK growth, exports and employment. This is a big gamble, with renewables policies costing tens of billions of pounds more than necessary to meet 2020 carbon reduction targets.
Based on interviews with 22 energy experts and analysis of current policy, Boosting Energy IQ finds the UK’s overlapping climate policies are unnecessarily complex. Moreover, they have created multiple carbon prices across the non-domestic sector. This risks making overall carbon reductions more expensive.
Untapped Potential identifies reforms to regulatory arrangements for abstraction and water supply, to better protect rivers and natural environments at lower costs.
Latest Environment & Energy Blogs
In this blog, Richard Howard discusses the implications of the vote to leave the EU on energy and environmental policy, identifying the key questions, uncertainties and next steps.
Scientists and innovators are investigating ways to re-use carbon dioxide gas, thereby avoiding it entering the atmosphere and contributing to global warming. This blog provides a summary of a recent Policy Exchange event on these “Carbon Capture and Utilisation” technologies, involving the Rt. Hon. Lord Deben, Chair of the Committee on Climate Change.
In this blog, Richard Howard, Policy Exchange’s head of environment and energy, considers the potential for a number of emerging technologies to improve urban air quality.
Latest Environment & Energy News
Richard Howard, Policy Exchange’s Head of Environment & Energy, is quoted by The Telegraph commenting on government forecasts that wholesale gas and electricity prices will remain low for the next few years. He warned that low prices will undermine investment in new gas power stations.
City AM reports calls from Policy Exchange’s report Governing Power, which highlights the unneccessary complexity of the energy industry and how simplifying and consolidating it could save hundreds of millions of pounds.
BusinessGreen covers Policy Exchange’s new report Governing Power. The report shows how the level of complexity involved in running the UK’s energy industry is acting as a barrier to growth and innovation in the sector, and has pushed up administrative costs to more than £500m.
Latest Environment & Energy Events
Latest tweets from Richard Howard
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