Insane that the Chancellor can say this, and recognise the massive issue the UK faces in regard to energy and energy infrastructure, and the scale of investment needed, yet be part of the very government that has decimated the UK renewable energy industry, and killed investor confidence. The UK has dropped out of the top ten of a respected (EY) international league table on renewable energy for the first time since it began 12 years ago.
We have a serious challenge on this country’s energy capacity over the next 20 years, and we are going to have to invest eye-wateringly large sums of money—perhaps £100 billion—just to ensure that the lights stay on. Of course it makes sense to look at ways of reducing demand for energy through energy conservation measures alongside the demands for new energy generation plants.
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