Rishi Sunak, speaks at a news conference in Downing Street in London, UK, on Wednesday, Sept. 20, 2023. Sunak was told weeks before deciding to roll back his green policies that he risked jeopardizing Britain’s place as global leader on climate as well as his legally binding net zero goal.An influential group of institutional investors has called on governments to remove policy barriers to help unleash an estimated $275 trillion in new clean-energy investments over the next three decades.
In Germany, the governing coalition has watered down policies on home heating in the face of protests, while Dutch politics has been rocked by opposition to plans to scale back emissions from farming. The NZAOA, nonetheless, wants governments to do a lot more—reduce financial support for fossil fuels; increase subsidies and tax breaks for clean energy; pass green-friendly regulation; and introduce new carbon pricing tools.
Source: Energy Industry News (energyindustrynews.net)