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Confusion and anxiety over UK’s energy policy

FT 15th June 2017 The UK’s second shock poll result in a year has created fresh political
uncertainty and renewed concerns over climate and environment policies
following Brexit.

Countless important decisions had already been put firmly
on the backburner before the June 8 election, as ministers’ time was
consumed by the arduous complexities of Brexit. They include the question
of how the UK will fund wind farms and other forms of clean energy after
2020, and the future of the coal power-killing carbon tax that some
manufacturers are lobbying to end, not to mention how the UK will meet its
own domestic climate goals.

The decision to leave the EU has exacerbated this gridlock and raised fresh uncertainties about the future shape of
green regulations for investors and companies. These include:Will the UK
still try to abide by EU air pollution standards the government has failed
to meet, despite being repeatedly dragged to court by environmental
lawyers? How will the UK replace Euratom, the pan-European nuclear energy
regulator? https://www.ft.com/content/a64ba474-51bf-11e7-bfb8-997009366969

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June 19, 2017 - Posted by | general

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