Daily News on Net Zero, DeCarbonisation, Carbon Neutrality, Sustainability, Climate Change, ESG
  • Home
  • News
    • Sustainability
    • Featured
    • Carbon Offset
    • Net zero
    • Knowledge
    • Climate Change
    • Off Grid Solar
    • RoofTop & Distributed Solar
    • Technical
    • Manufacturing
    • Utility Scale RE
  • World
    • USA
    • UK
    • India
    • Europe
      • France
      • Germany
      • Austria
      • Denmark
      • Finland
      • Italy
      • Netherlands
      • Spain
      • Switzerland
    • Middle East
      • Saudi Arabia
      • UAE
      • Qatar
      • Bahrain
      • Oman
    • Asia Pacific
      • China
      • Hong Kong
      • Australia
      • Indonesia
      • Japan
      • Malaysia
      • New Zealand
      • Singapore
      • South Korea
    • North America
      • Canada
      • Mexico
    • South America
      • Brazil
      • Chile
    • Africa
      • South Africa
      • Egypt
      • Kenya
      • Mali
      • Morocco
      • Nigeria
      • Uganda
  • Industries
    • Air Travel
    • Automobile
    • Banking
    • Cement
    • Energy
    • FMCG
    • Healthcare
    • Hospitality
    • IT & Computers
    • Shipping
    • Pharmaceuticals
    • Real Estate
    • Steel
  • More
    • Carbon Capture & Storage
    • Carbon Footprint
    • Carbon Tax
    • New Launches
    • Interviews
    • Job Opportunities
    • Policy & Regulations
    • Quarter Results
    • Research Reports
    • Tender
    • Web Stories
  • Climate Change
    Climate ChangeShow More
    Why Oil Stocks Aren’t That Hot
    Anand Gupta By Anand Gupta
    Countries draw battle lines for talks on new climate finance goal
    Anand Gupta By Anand Gupta
    Achieving MENA Climate Change Goals While Navigating Cashflow Challenges
    Anand Gupta By Anand Gupta
    TIME TO NAME THE SILENT KILLER: HEATWAVES
    Anand Gupta By Anand Gupta
    UNEA-6: multilateral actions to tackle climate change, biodiversity loss and pollution
    Anand Gupta By Anand Gupta
  • Sustainability
    SustainabilityShow More
    The Importance Of Sustainability In Manufacturing
    Anand Gupta By Anand Gupta
    Sustainability Partnerships: What They Are, Why They Matter And How They Work
    Anand Gupta By Anand Gupta
    The Best And The Rest: The Sorry State Of Sustainability Today
    Anand Gupta By Anand Gupta
    It’s Time for Sustainability to Become a Core Part of MBA Programs
    Anand Gupta By Anand Gupta
    Eight ways the sustainable economy is (still) taking over
    Anand Gupta By Anand Gupta
  • Business & Finance
    Business & FinanceShow More
    Himachal CM seeks collaboration with UK on green hydrogen, e-vehicles
    Anand Gupta By Anand Gupta
    IndiGrid’s portfolio grows to 1.1 GWp with new 300 MW solar acquisition
    Anand Gupta By Anand Gupta
    EverEnviro, Thermax Bioenergy sign MoU with Danish firm to boost India’s CBG production
    Anand Gupta By Anand Gupta
    Sajjan Jindal’s JSW Steel sounds out banks for $750 million loan
    Anand Gupta By Anand Gupta
    President accords sanction to Rs 20,773 cr RE Transmission System Project in Ladakh
    Anand Gupta By Anand Gupta
  • Carbon Offset
    Carbon OffsetShow More
    Revealed: How Industry Lobbying is Reducing Nature to a Monopoly Board
    Anand Gupta By Anand Gupta
    OFFSETS PROMISE TO CUT CARBON FOOTPRINTS BUT CRITICS RAISE QUESTIONS
    Anand Gupta By Anand Gupta
    Carbon offsets bring new investment to Appalachia’s coal fields, but most Appalachians aren’t benefiting
    Anand Gupta By Anand Gupta
    Can clean cookstoves ride out the carbon markets storm
    Anand Gupta By Anand Gupta
    Carbon removal sector buoyed by strong growth in corporate demand
    Anand Gupta By Anand Gupta
  • Featured
    FeaturedShow More
    India will take up carbon tax issue ‘very strongly’ with the EU, says Piyush Goyal
    Anand Gupta By Anand Gupta
    Unpacking The Truth Behind Climate Change Predictions And Carbon Taxes
    Anand Gupta By Anand Gupta
    Ways for India to deal with EU carbon tax
    Anand Gupta By Anand Gupta
    Taking Carbon Tax Off Home Heating Drops Saskatchewan Inflation to Under Two Per Cent
    Anand Gupta By Anand Gupta
    Warming up to climate change: How does climate change impact extreme weather events?
    Anand Gupta By Anand Gupta
  • Net zero
    Net zeroShow More
    India’s net-zero target: Here’s what the govt needs to prioritise
    Anand Gupta By Anand Gupta
    Do Record Temperatures Mean Our Climate Goals And Net Zero Are Dead?
    Anand Gupta By Anand Gupta
    The dark cloud over Indonesia’s pledge to achieve net-zero emissions by 2060
    Anand Gupta By Anand Gupta
    Net-Zero Is Pulling the Plug on America’s Electrical ‘Life Support System,’ New Documentary Says
    Anand Gupta By Anand Gupta
    SAP’s Journey to Net Zero 2030
    Anand Gupta By Anand Gupta
  • Renewable Energy
    Renewable EnergyShow More
    Is Renewable Energy Actually Making Us Rely More on Fossil Fuels?
    Anand Gupta By Anand Gupta
    Countries to promise clean energy boost at COP28 to push out fossil fuels
    Anand Gupta By Anand Gupta
    The UAE has committed to assisting Malaysia in establishing a 10 GW renewable energy capacity, valued at $8 billion, by 2025
    Anand Gupta By Anand Gupta
    Renewable energy sources and energy waste reduction accounted for 25% of the state’s electricity needs last year, showcasing a substantial shift towards sustainable energy practices and environmental responsibility
    Anand Gupta By Anand Gupta
    The Ascendance of Renewable Energy: Exploring the Role of Electrification in Driving Sustainable Solutions
    Anand Gupta By Anand Gupta
Daily News on Net Zero, DeCarbonisation, Carbon Neutrality, Sustainability, Climate Change, ESGDaily News on Net Zero, DeCarbonisation, Carbon Neutrality, Sustainability, Climate Change, ESG
Aa
  • Climate Change
  • Sustainability
  • Business & Finance
  • Carbon Offset
  • Featured
  • Net zero
  • Renewable Energy
Search
  • Home
  • News
    • Sustainability
    • Featured
    • Carbon Offset
    • Net zero
    • Knowledge
    • Climate Change
    • Off Grid Solar
    • RoofTop & Distributed Solar
    • Technical
    • Manufacturing
    • Utility Scale RE
  • World
    • USA
    • UK
    • India
    • Europe
    • Middle East
    • Asia Pacific
    • North America
    • South America
    • Africa
  • Industries
    • Air Travel
    • Automobile
    • Banking
    • Cement
    • Energy
    • FMCG
    • Healthcare
    • Hospitality
    • IT & Computers
    • Shipping
    • Pharmaceuticals
    • Real Estate
    • Steel
  • More
    • Carbon Capture & Storage
    • Carbon Footprint
    • Carbon Tax
    • New Launches
    • Interviews
    • Job Opportunities
    • Policy & Regulations
    • Quarter Results
    • Research Reports
    • Tender
    • Web Stories

Top Stories

These 3 climate disasters will have the biggest impact on human health by 2050

Editors Choice 18 January 2024

World record: Wind turbine generates enough energy in a day to power 170,000 homes

Denmark 8 September 2023

How To Invest In Carbon Credits With Cbon

Carbon Offset 16 November 2023
Have an existing account? Sign In
Follow US
Copyright © Ruby Theme Ltd. All Rights Reserved.
Daily News on Net Zero, DeCarbonisation, Carbon Neutrality, Sustainability, Climate Change, ESG > Blog > Featured > Sunak’s U-turns make net zero harder and keep bills high, watchdog warns

Sunak’s U-turns make net zero harder and keep bills high, watchdog warns

Anand Gupta
Last updated: 2023/10/13 at 10:29 AM
By Anand Gupta
Share
9 Min Read

In Short : The series of policy reversals by Chancellor Rishi Sunak is hindering progress toward achieving net-zero emissions and contributing to high energy bills, warns a prominent watchdog. These policy shifts have created uncertainty in the renewable energy sector and impeded investment, making the transition to green technologies more challenging. Additionally, the volatility in policies impacts consumers, potentially resulting in increased costs. A stable and consistent approach to green policies is crucial to facilitate the UK’s transition to a low-carbon economy, ensuring environmental goals are met while minimizing economic burdens on households.

In Detail : Climate Change Committee also says rowing back on climate policies has harmed investment into UK

Rishi Sunak’s reversals on key climate policies have damaged the UK’s ability to meet its carbon-cutting goals and will keep energy bills high for millions of households, with the effect of “making net zero considerably harder to achieve”, the UK’s climate watchdog has warned.

Rowing back on policies to phase out gas boilers and petrol and diesel vehicles, and the general sense that the government is “weakening its commitments” to shifting to a green economy, have also harmed the prospects of inward investment into the UK, and sent adverse signals to consumers, businesses and other governments.

Scrapping plans to force landlords to improve the energy efficiency of rented accommodation will also cost renters about £325 a year in higher bills, the report found.

In a damning verdict on the prime minister’s announcements last month, the Climate Change Committee (CCC) warned of a “substantial policy gap” that was putting the UK off track to meet its crucial 2030 carbon targets.

Piers Forster, the acting chair of the CCC, said: “The prime minister has relaxed important policies to decarbonise buildings and transport and sent a message to business and the international audience that he will allow more time for the UK to transition to key clean technologies.”

He added: “We remain concerned about the likelihood of achieving the UK’s future targets, especially the substantial policy gap to the UK’s 2030 goals.”

The CCC found there were “insufficient” plans to meet about a fifth of the emissions reductions required by 2030 to hit the government’s international goal of cutting carbon by 68% by 2030, compared with 1990 levels.

Renewable energy is another source of concern, as no contracts were awarded at the last auction for offshore wind developments last month, as wind companies turned away from the UK.

Labour has said that if elected it would restore some of the previous policies, such as the former 2030 deadline for phasing out fossil fuel cars, but there are question marks over the proposed phase-out date for gas boilers.

But Ed Miliband, the shadow secretary of state for net zero, told the Guardian that Labour would commit to stringent action on emissions and investment in green growth, which he has said are the only way to tackle the cost of living crisis.

He said: “This is damning evidence from the government’s own watchdog that Rishi Sunak’s decisions to force renters to live in damp homes and delay the transition to electric vehicles will increase costs for families across Britain. This report also confirms that this government is seriously off track to meet its climate targets, storing up costs and damage for future generations. The Conservatives have no solution to the cost of living crisis, and Rishi Sunak is only raising bills and making Britain more insecure.”

The statutory adviser’s assessment of Sunak’s U-turns, published on Wednesday, also criticised the government’s “unhelpful” failure to make any estimates of the likely impacts of the policy changes on the UK’s ability to meet its legally binding carbon budgets, and to provide essential detail on the changes.

There were a few words of praise amid the criticism, for instance over the government’s support for electrification of the steel industry at Port Talbot, and the decision to retain a 2030 target for 80% of new vehicles sold to be electric, despite postponing the phase-out of sales of new fossil fuel cars by five years to 2035.

Ministers also set out measures that would raise the price for carbon emissions under the UK’s emissions trading scheme, which the CCC said would have a positive effect, though it was “at the looser end” of the possible range.

Forster also noted that the government’s actions would have an impact on Cop28, the crucial UN climate summit that begins late next month. “Our position as a global leader on climate has come under renewed scrutiny following the prime minister’s speech. We urge the government to restate strong British leadership on climate change in the crucial period before the next climate summit, Cop28 in Dubai,” he said.

Green experts and campaigners called for Sunak to change his stance.

Danny Gross, a climate campaigner at Friends of the Earth, said: “This assessment highlights the glaring inconsistencies between the government’s rhetoric and action. Rishi Sunak has said he will honour his commitment, made at the Cop27 climate talks in Egypt, to cut the UK’s carbon emissions by over two-thirds by 2030. His climate advisers are telling him loud and clear that his plans just don’t add up and the target will be missed.”

He added: “The prime minister is scrapping policies that would reduce harmful emissions and cut sky-high energy bills. He claims his government will be one of integrity, so he should stop trying to pull the wool over people’s eyes by pretending he can deliver on promises with a climate plan that’s just not up to scratch.”

Jess Ralston, an energy analyst at the non-profit Energy and Climate Intelligence Unit, said Sunak’s policy rollbacks had left the UK more dependent on imported oil and gas, and that the failure of the offshore wind auction would mean people’s energy bills would be £1bn higher than necessary. She added that there was damaging lack of clarity over many of the policies.

“By failing to prepare for off-gas grid boiler phase-out – a policy that would have affected 0.2% of homes a year from 2026 – the seeds of confusion are sowed not only with homeowners but with investors too who are seeking to build new, clean industries as the UK tries to compete in the global race for green growth,” she said.

A government spokesperson said: “The UK remains a global leader on climate – cutting emissions faster than any other G7 country – so we are confident that we will meet our future carbon commitments, including net zero, just as we have overdelivered on every carbon target to date. We are taking a fairer and more pragmatic approach to meeting net zero that eases burdens on families – saving households up to £15,000 on upfront costs to upgrade their homes.

“We will continue to meet our international commitments under the Paris agreement, while embracing the opportunities of clean industries – supporting thousands of British jobs, driving economic growth – while protecting national security and bringing down energy bills in the long term.”

TAGGED: Net zero, Sunak’s

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Twitter LinkedIn Reddit Email Copy Link

Categories

  • Africa
  • Air Travel
  • Asia Pacific
  • Australia
  • Austria
  • Automobile
  • Bahrain
  • BANGLADESH
  • Banking
  • Battery
  • Brazil
  • Business & Finance
  • California
  • Canada
  • Carbon Capture & Storage
  • Carbon Footprint
  • Carbon Offset
  • Carbon Tax
  • Cement
  • Chile
  • China
  • Climate Change
  • Denmark
  • Editors Choice
  • Egypt
  • EMobility
  • Energy
  • Energy Storage
  • Europe
  • Featured
  • Finland
  • FMCG
  • France
  • Germany
  • Healthcare
  • Hospitality
  • Hydrogen
  • India
  • Interviews
  • IT & Computers
  • Italy
  • Laos
  • Malaysia
  • Manufacturing
  • Mexico
  • Middle East
  • Morocco
  • Net zero
  • New Launches
  • New Zealand
  • North America
  • Off Grid Solar
  • Oman
  • Pharmaceuticals
  • Philippines
  • Policy & Regulations
  • Quarter Results
  • RE100
  • Real Estate
  • Renewable Energy
  • Research Reports
  • RoofTop & Distributed Solar
  • Saudi Arabia
  • Shipping
  • Singapore
  • South Africa
  • South America
  • South Korea
  • Spain
  • Steel
  • Sustainability
  • Taiwan
  • Tender
  • UAE
  • UK
  • USA
  • Utility Scale RE

Related Strories

Featured

India will take up carbon tax issue ‘very strongly’ with the EU, says Piyush Goyal

By Anand Gupta 24 February 2024
Featured

Unpacking The Truth Behind Climate Change Predictions And Carbon Taxes

By Anand Gupta 23 February 2024
Featured

Ways for India to deal with EU carbon tax

By Anand Gupta 22 February 2024
Featured

Taking Carbon Tax Off Home Heating Drops Saskatchewan Inflation to Under Two Per Cent

By Anand Gupta 21 February 2024
Show More

Get Insider Tips and Tricks in Our Newsletter!

  • Stay up to date with the latest trends and advancements in AI chat technology with our exclusive news and insights
  • Discover and download exclusive chatbot templates, scripts, and other resources.
  • Other resources that will help you save time and boost your productivity.
Daily News on Net Zero, DeCarbonisation, Carbon Neutrality, Sustainability, Climate Change, ESG

We want to live on a healthy, peaceful planet. A planet where forests flourish, oceans are full of life and where once-threatened animals safely roam. Where our quality of life is measured in relationships, not things we have or own.

Quicklinks

  • Contact Us
  • Blog Index
  • Complaint
  • Advertise

Company

  • Privacy Policy
  • Legal Stuff
  • Manage Cookies
  • Terms and Conditions
  • Partners

Follow Socials

All copyrights reserved at CO2 to Net Zero Solutions India Pvt Ltd

Social Chat is free, download and try it now here!

Welcome Back!

Sign in to your account

Lost your password?