The Key Energy Market Reform in the UK occurred in 2012 with the Electricity Market Reform, composed of two major parts. First, it ensured a capacity market for electricity. This promotes investment in low-carbon energy supplies to ensure future energy demand can be met when renewable energy supply is low. Second, there was the creation...
Currently, the UK partakes in the EU Emissions Trading System, an international carbon trading platform that works on a cap and trade system. As of January 2021 the UK will leave the EU ETS as it exits the EU. The UK will try to link its own cap and trade program into the EU ETS...
The last few months has represented a transition in the UKs climate narrative following the UK general election on the 12th December 2019 and subsequent victory for the Conservative party with a 45% majority. Securing 365 seats in Parliament, they have the largest Conservative majority government since Margaret Thatcher. Many ‘safe’ Labour seats were lost...
