Charging Up

The Energy & Environment Unit at Policy Exchange launched a paper warning that the installation of electric vehicle chargepoints would have to be five times faster during the 2020s to make the petrol and diesel vehicle ban workable. The report was authored by Ed Birkett, Senior Fellow and William Nicolle, Research Fellow at Policy Exchange. The release coincided with the Government’s announcement of £20m additional funding for EV charging infrastructure. Read coverage of the report in The Telegraph, Sky News, Bloomberg and BBC News. Read the report here.

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Charging Up

The UK’s commitment to phase out new petrol and diesel cars and vans by 2030 was at the heart of the Prime Minister’s recent ‘Ten Point Plan for a Green Industrial Revolution’.  This commitment reflects both sharp reductions in the cost of electric vehicles (EVs) and the urgent need to clean up the transport sector, which is now the UK’s largest source of greenhouse gas emissions.

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Five things we’ve learnt from the Energy White Paper

This week’s is a substantial document that moves the UK a step closer towards a Net Zero energy system. However, it’s clear that the White Paper is largely about ambition, which leaves a lot for the Government to do in 2021.

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Powering Net Zero

The UK Government’s commitment to quadruple offshore wind capacity by 2030 will transform Great Britain’s electricity system. However, it poses serious challenges for the electricity market. Market conditions during the summer lockdown showed that the Government needs to make reforms, otherwise costs will rise and customers won’t benefit from the falling cost of wind and solar.

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Four negative emission technologies (NETs) that could get us to Net Zero

Reaching Net Zero requires more than just reducing emissions. To account for processes that will be exceptionally difficult to decarbonise completely (such as steel or cement making), we actually have to remove greenhouse gases from the atmosphere, thereby balancing out at ‘net’ zero.

‘Negative emissions’ technologies (NETs), also known as Greenhouse Gas Removal (GGR) technologies, allow us to do that. They remove greenhouse gases – usually carbon dioxide – from the atmosphere and they are needed to prevent the worst effects of climate change.

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Policy Exchange and the PM’s 10-Point Plan

The Prime Minister’s green announcement reflects several policies that we’ve championed over more than a decade.

After some key personnel changes at the top, the Prime Minister has begun his administration’s ‘reset’ with a long-awaited 10-Point Plan for a Green Industrial Revolution. The Plan has been broadly praised for its breadth and welcomed as a major statement of intent across multiple technologies. He combined knotty, unglamorous issues such as home heating with big, visionary technologies like CCS and hydrogen.

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When is a government bank not a government bank?

When is a government bank not a government bank?

Richard Howard, Policy Exchange’s Head of Environment & Energy, comments on the government’s announcement that it wishes to part-privatise the Green Investment Bank. Whilst such a move may make things easier for the Bank, Richard questions whether the Bank would not just become the same as any other commercial bank, in which case why retain a stake at all?

Dear Energy Secretary, I’m afraid to tell you there is no money….

Dear Energy Secretary, I’m afraid to tell you there is no money….

Richard Howard, Head of Policy Exchange’s Environment and Energy unit, argues that the Department for Energy and Climate Change has underestimated the cost of energy policies with drastic consequences for future budgets. With reference to data from an upcoming Policy Exchange report, Richard shows that DECC needs to adapt rapidly to avoid being unable to fund future projects.

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Join us online for the inaugural Policy Exchange History Matters Conference. Trevor Phillips in-conversation with Rt Hon Oliver Dowden MP, panels on “Statues and the Public Space” and “Museums and Galleries”.