The UK government can offer businesses more certainty by increasing the UK ETS carbon price floor – ahead of alignment with net zero.
Latest UK power sector data shows that the UK grid is accelerating towards a 2035 gas phase-out, with wind power replacing fossil gas.
New analysis reveals that the German auction, intended to accelerate the coal exit, instead bolsters unviable coal sector.
With one month until Brexit, a linked UK- EU carbon market is now impossible. The government should commit to a carbon tax.
2020 looks set to be a year of two halves, with unprecedented declines in coal power followed by a big bounce back. We project coal generation to fall by 5% in 2020 – the largest decline ever seen, but still not enough for a 1.5 degree world.