2004-07-30 Energy Solutions for 60% Carbon Reduction – Part II
This study was prompted by the Royal Commission on Environmental Pollution Report No. 22, "Energy - the Changing Climate", and by the U.K. Government Cabinet Office Performance and Innovation Unit (PIU) Energy Review. It adopts the target of a 60 % reduction in UK carbon emissions by 2050.
In Part II, the case is developed for a new operating regime in UK energy markets. Having satisfied itself and others that there are energy technology solutions that can meet their carbon emission targets, the Government could invite energy service companies to take up franchises for these markets. These would each have sales of around a billion pounds a year, and be accompanied by Carbon Reduction Obligations, which would directly reflect those of the Government itself. With their knowledge of the field, experience in big projects, and access to low cost, long term financing, these companies could implement energy saving and efficiency, and renewable energy supply options, symmetrically with fossil energy supply - in order to meet their Carbon Reduction Obligations.
2004-07-30 Energy Solutions for 60% Carbon Reduction – Part II
This study was prompted by the Royal Commission on Environmental Pollution Report No. 22, "Energy - the Changing Climate", and by the U.K. Government Cabinet Office Performance and Innovation Unit (PIU) Energy Review. It adopts the target of a 60 % reduction in UK carbon emissions by 2050.