When Amazon Prime Big Deal Day is, and how it's different from Black FridayLabour’s green proposals include a new publicly-owned energy company and a target for the UK’s electricity system to be fully powered by clean energy by 2030
“That’s not to say that the target isn’t helpful and a good idea, because even if you only get say 90 per cent of the way to net zero electricity by 2030, that’s still really good. In some ways it’s good to have a really ambitious target that you might not meet that still helps you do a lot of the good stuff and get most of the way,” he said.
It follows examples in countries such as France, Sweden, Norway and Denmark, who all own stakes in companies that are making money off the boom in renewable energy. Chris Hayes, Senior Analyst at think tank Common Wealth, said Labour’s plans for GB Energy are currently a “bit vague”. It’s currently less clear exactly when British households will notice the benefit of the transition to clean electricity on their energy bills, due to the complex way electricity prices are calculated. The current system means
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