Two weeks after outgoing UK Prime Minister Theresa May announced that she was introducing legislation to enshrine into law a net zero emissions by 2050 target, the country’s interim Minister of State for Energy and Clean Growth has signed the target into law, making the UK the first major global economy to pass such a law.
Attending French Presidents Emmanuel Macron’s One Planet Summit this week, UK Prime Minister Theresa May has vowed that her country will lead the way in phasing-out coal while also committing £140 million of new funding to support the world’s poorest communities in addresssing the effects of climate change.
Leaked documents obtained by Greenpeace’s Energydesk reveal that the UK Government lobbied the European Union to weaken its own energy regulations on the very same day that UK Prime Minister Theresa May triggered Article 50, the country’s ‘Brexit’ out of the EU.
UK Prime Minister Theresa May’s shock announcement to call a General Election for June 8 in an attempt to solidify her grip on power amidst the turmoil of upcoming Brexit negotiations has only served to further hinder the country’s green economy and policy moves, an unintended consequence which will create policy and investment uncertainty for months to come.
In a long-awaited speech regarding the plan for Britain’s exit of the European Union, UK Prime Minister Theresa May has confirmed what experts are calling a ‘hard Brexit’ while simultaneously providing next-to-no comfort for Britain’s green economy.
