‘Subsidies are a roadblock to a clean energy future’

Many energy subsidies are a roadblock to a cleaner and more efficient future. That’s according to Toshiyuki Shirai, Senior Energy Analyst for the International Energy Agency’s World Energy Outlook team, who says most government subsidy policies in the world’s energy markets should be reformed. He suggests subsidies result in energy prices that don’t reflect their real market value or the full environmental and social costs attached. […]

Energy Minister to be quizzed on “harmful” energy subsidies

Business and Energy Minister Michael Fallon will be quizzed by MPs tomorrow about which UK energy subsidies could be “harmful”. He will appear before MPs on the Environmental Audit Committee alongside officials from the Treasury, the Department for International Development and UK Export Finance. How much support the taxpayer gives to different power sources has […]

Festival Net Zero 2021