What does the new Government mean for energy and climate change?

New Government: energy and climate change implications

With the Conservative Government re-elected we outline the implications for energy and climate change.

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Simon Virley - Partner and Head of Power and Utilities - KPMG UK

Vice Chair and Head of Energy and Natural Resources

KPMG in the UK

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Key points:

  • With the Conservative Government re-elected with a large majority, the much delayed Energy White Paper is now expected in the first half of 2020.
  • However, this may well fall short of a comprehensive plan on how the UK reaches its legally-binding Net Zero target by 2050.
  • The pressure on the Government to come up with such a plan will grow through 2020 as we approach the COP26 Conference in Glasgow in November.
  • Meanwhile, the EU27 have also now signed up to a Net Zero target by 2050, and committed at least 25% of the EU’s long-term budget to climate action in its ‘Green Deal’.

Read our latest article What does the new Government ­ mean for energy and climate change?. We look at where we can expect to have more clarity over the coming months. 

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