Close
Close

Published

UK’s 2020 budget falls short of energy reform

The UK’s Chancellor of the Exchequer Rishi Sunak has announced the country’s budget for 2020, with an inevitable focus on Covid19. Prior to the pandemic, many had hoped that plans would continue the country’s momentum in reforming climate policy. While several positive steps have been outlined, other obvious or ambitious moves have been omitted. In announcing the budget to parliament on Wednesday, Sunak said “We promised to deliver green growth and protect the environment, this Budget gets it done.” Starting with the positive – the announcement committed to doubling research and development for the UK’s Energy Innovation Program, which will now receive £1 billion of funding. The package, which previously had a £500 million budget, will form part of the…

Close