Net Zero Watch press release 9 July 2024 Westminster view Dear readers, donors and subscribers, The new Labour government has not wasted any time in cracking on with its green agenda. A commitment to

Net Zero Watch press release

9 July 2024

Westminster view

Dear readers, donors and subscribers,

The new Labour government has not wasted any time in cracking on with its green agenda. A commitment to reduce planning restrictions for onshore wind appears to fit neatly alongside its pro-growth rhetoric, and has already been welcomed in many circles.

The sense of urgency represents a refreshing change from the timidity of the recent past. However, readers will know that while planning deregulation is much needed across the board - not least in energy - onshore wind is about the least deserving recipient of this positive approach.

With lower capacity factors than offshore wind, and the best UK onshore wind sites already being in Scotland, these changes are highly unlikely to do much to improve Britain’s energy security. What we can expect is for bill-payers to be burdened with ever-higher electricity costs, more subsidies, and for large amounts of land to be used to produce small amounts of energy.

The myth of ‘cheap’ wind energy is still believed by far too many. The very substantial system cost of intermittent energy sources cannot remain the elephant in the room, as it has been for so many years. But all the indications are that Miliband is wedded to pushing on regardless. Trouble awaits.

Best wishes,

Harry

Harry Wilkinson is head of policy at Net Zero Watch. As always, please don’t reply to this email address, which is not monitored.

The headlines

UK

  • New DESNZ ministers and shadows

  • Miliband’s deep green agenda

  • Reeves rips up windfarm planning rules

  • Private pensions to fund green plans?

Around the world

  • Fossil fuel boom in Latin America

Decarbonisation

  • British Steel owners want more subsidy

  • Air travel to be more expensive

  • Ineos delays hybrid vehicle over Net Zero fears

  • Private sales of EVs disappoint

  • Entries for SMR competition start arriving

Etcetera

  • Green hypocrisy (again!)

UK

New DESNZ ministers and shadows

As expected, Ed Miliband was announced as the new secretary of state at DESNZ. Sarah Jones became a minister of state. Claire Coutinho kept the shadow position for the Conservatives.

Miliband’s deep green agenda

As expected, Miliband’s agenda is a deep shade of green, with huge spending commitments outlined.

Reeves rips up windfarm planning rules

Rachel Reeves, the new chancellor, announced the scrapping of planning restrictions on onshore windfarms in England.

Private pensions to fund green plans?

A summit of pension fund leaders is to meet to discuss diverting their funds into green scheme, a project that will presumably meet with considerable favour from the new administration.

Around the world

Fossil fuel boom in LatAm

Latin America is experiencing an oil and gas boom, according to the Guardian.

Decarbonisation

British Steel owners want more subsidy

The Chinese owners of British steel have reportedly requested £600 million of subsidy in order to close its Scunthorpe blast furnace move to arc furnaces.

Air travel to be more expensive

IAG, owner of British Airways and Aer Lingus, warned that ticket prices would have to increase to pay for decarbonisation efforts.

Ineos delays hybrid vehicle over Net Zero fears

Ineos Automotive announced that it would delay the launch of a planned hybrid SUV because of fears that the technology would be banned by the EU and the UK.

Private sales of EVs disappoint

EV sales continued to disappoint, with private buyers increasingly shunning the technology in favour of hybrid drivetrains. The industry called for the return of purchase subsidies.

Entries for SMR competition start arriving

Nuscale and GE Hitachi both announced that they had submitted entries to the UK’s small modular nuclear reactor competition.

Etcetera

Green hypocrisy (again!)

One of the Green Party’s new MPs found himself accused of hypocrisy, after he said that he would oppose new electricity lines through his constituency. The lines are to bring power to market from offshore windfarms in the North Sea.

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