In order to achieve a net-zero energy transition, we need to abolish carbon taxes and energy subsidies.
Carbon taxes and energy subsidies – carbon pricing (carbon tax, emissions trading systems (ETS)) and subsidies (Contracts for Difference (CfDs) in the UK) – have been key to supporting the development of renewable energy (RE) and power systems in the developed world, but now risk exacerbating the threat of intermittency and slowing progress towards net-zero transition across our energy systems.
pdf Whitepaper – Climate Policies (1.42 MB)
