The UK climate policy is under the spotlight as one of the most challenging issue.
In this context, the UK Prime Minister David Cameron has repeatedly stressed the importance for the EU to complete its internal energy market and foster actions on climate change.
The European Commission has recently met to decide the possibility to undertake further investigation of two of the UK proposed Electricity Market Reform instruments: Contracts for Difference feed in tariffs, and Capacity Market payments for both new and existing fossil fuel power plants.
In this context, the UK government has also announced the decision to reinforce its commitment to reduce emissions in 2025 by 50% from 1990 levels. This decision represents a positive signal in the realm of fighting climate change. According to the country’s Committee on Climate Change, this challenging objective will require a concrete change through stronger actions.
On the other hand, environmental groups have expressed their concerns in a significant report showing that the UK has nine of the top 30 biggest CO2 emitting power plants in Europe. The study explains that existing power plants represent the main cause of increased emissions. Additionally, the low price for carbon in the EU’s Emissions Trading System plays a significant role, the study says.
In this framework, experts have highlighted the urgency to take stricter actions on existing coal to overcome the consequences of climate change.
The gLAWcal Team
The EPSEI project
Thursday, 24 July 2014