As anticipated, the Energy Security Strategy fails to meet the moment – with next to nothing to alleviate soaring bills for UK families this year & missing an opportunity to invest in ‘no regret’ energy saving measures that could wiped-out Russian imports bbc.co.uk/news/business-…
Instead of supercharging energy efficiency & heat pump schemes + other demand side measures (like below), the Strategy is focused on long-term “fixes” like pricey nuclear, doing little to get off volatile international gas markers in the short-term e3g.org/publications/t…
Since gas prices are determined on the international market, new North Sea oil & gas cannot keep prices down for British homes – and represent a climate leadership failure for the COP presidency in the wake of the IPCC’s urgent call to action e3g.org/publications/t…
It’s not all terrible – welcome boost for wind, heat pumps, solar & VAT on green home measures. But this is a drop in the ocean. Good intentions of Number 10 & BEIS have been trampled by a Treasury which knows the cost of everything & value of nothing telegraph.co.uk/politics/2022/…
Decision-makers have failed to read the mood of the room – in fact, are they even in the same room as the rest of us? My quote for E3G..
Here's @e3g's rapid response to the Energy Security Strategy - more analysis to come later e3g.org/news/energy-se…
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