Summary
An early Christmas present in the form of the Government’s long awaited Energy White Paper “Powering our Net Zero Future” was finally gifted to us last week. We have digested the White Paper with our festive hats on and set out some key points for your thought.
The White Paper is admirable in its optimism and ambition and one could be forgiven for thinking it reads a bit like a letter to Santa…
“Dear Santa, I don’t want much this Christmas, only:
A better deal for consumers;
New renewable energy capacity;
Updated Energy National Policy Statements;
A competitive energy system;
What are the Government energy plans for net zero? This is Money answers your questions on what s changing and the grants on offer
The long-awaited Energy White Paper was finally published by Government this week - more than a year after it was initially meant to be unveiled
It outlines proposals to make the UK s energy system fit for a net zero economy
Pledges include thousands of new jobs and more electric car charging points
This is Money has done the digging to find out what you need to know
Article by Amanda Doyle
THE UK Government has released its long-awaited Energy White Paper on how the country’s energy system will transition to net zero by 2050.
Published after numerous delays, the Energy White Paper builds on the Government’s recently announced ten-point plan for a green industrial revolution. It covers areas including moving away from fossil fuels, increased use of renewables, support for more electric cars, and greener domestic heating.
Alok Sharma, Business and Energy Secretary, said: “[This] plan establishes a decisive and permanent shift away from our dependence on fossil fuels, towards cleaner energy sources that will put our country at the forefront of the global green industrial revolution.
Participating in the UK Emissions Trading Scheme (UK ETS)
This guidance explains who the UK Emissions Trading Scheme (UK ETS) applies to and what is required of businesses that are covered.
From:
Documents
ETS) replaced the UK’s participation in the EU
ETS on 1 January 2021. The 4 governments of the UK have established the scheme to increase the climate ambition of the UK’s carbon pricing policy, whilst also protecting the competitiveness of UK businesses.
This guidance explains who the UK
ETS applies to and what is required of businesses that are covered.
Participants in the EU Emissions Trading System (EU ETS) must still comply with their obligations under that system for the 2020 compliance year. For more information, see guidance on EU ETS obligations in 2021.