Other jurisdictions around the world are already well into the process of creating a smart and flexible energy system. The way that different countries undertake the transformation will differ. For example, both California (CA) and New York State (NYS) in the USA – States which are avowedly pro-environment and pro-innovation for the good of their economies – are following a similar logic in that they both have similar GHG reduction targets, and they both support a move to a smart, flexible energy system as the most cost effective way to do that. However, whilst the steps they are taking towards delivering that goal are similar, the balance between market and regulation as a means to getting there is different. IGov would argue we need to learn from the processes (and the reasoning behind them) in play around the world, and capture the ‘best practice’ aspects which most suit, and fit, Britain.
IGov 16th March 2017 read more »
Spring is coming, the sun is shining, and quietly, inexorably, the idea that a genuinely sustainable economy can be delivered is starting to look less like an environmentalist pipe dream and more like the inevitable by-product of an unstoppable technological revolution. Today’s report from the Committee on Climate Change (CCC) on the cost impact of the UK’s low carbon policies is extremely wide-ranging, but the central conclusion is clear: the impact of green policies on domestic and business energy bills, both currently and through to 2030, are entirely manageable and are being largely offset by a combination of energy efficiency gains and compensation packages for business.
Business Green 16th March 2017 read more »