Inside Out
Understanding the UK’s Clean Growth Strategy
Continued from page 19
DELIVER CLEAN, SMART,
FLEXIBLE POWER (21% OF
UK EMISSIONS)
Measures will focus on reducing power costs
for households/businesses by implementing
the smart systems plan, which will help
consumers to use energy more flexibly and
could unlock savings of up to £40 billion to
2050.
Phasing out the use of unabated coal to
produce electricity by 2025
Delivering new nuclear power through
Hinkley Point C and progress discussions with
developers to secure a competitive price for
future projects in the pipeline
Improving the route to market for
renewable technologies such as offshore wind
Targeting a total carbon price in the
power sector to give businesses greater
clarity on the total price paid for each tonne of
emissions
Investing around £900 million of
public funds in innovation in the areas of
smart systems, new nuclear technologies and
reducing the cost of renewables
ENHANCE THE BENEFITS
AND VALUE OF OUR
NATURAL RESOURCES (15%
OF UK EMISSIONS)
Measures will include designing a post EU exit
system of agricultural support to focus on
delivering better environmental outcomes
Establishing a new network of forests in
England including new woodland on farmland,
and fund larger-scale woodland and forest
creation, in support of the commitment to
plant 11 million trees, and increase the amount
Energy sector under pressure to
demonstrate green credentials
of UK timber used in construction
Working towards the ambition for zero
avoidable waste by 2050 and publishing a
new Resources and Waste Strategy to make the
UK a world leader in terms of competitiveness
and resource productivity/efficiency
LEAD THE PUBLIC SECTOR
(2% OF UK EMISSIONS)
Initiatives to be pursued will include
introducing a voluntary public sector target
of a 30% reduction in carbon emissions by
2021
Providing £255 million of funding for
energy efficiency improvements in England
with help for public bodies to access funding
sources
Agreeing tighter targets for 2020 for
central government and actions to further
reduce GHG emissions beyond this date
While the strategy detailed here is not lacking
in ambition and scope, there is now a growing
realisation that the world is not on track to
achieve the key COP21 Paris Agreement goals
for containing expected temperature rises.
Manifestations in public opinion have
been very evident recently with Extinction
Rebellion seeking far more radical carbon
reduction measures in order to achieve net
carbon neutrality by 2025 vs. 2050. There is
also a growing activism by certain shareholder
groups pressurising companies. This is
especially evident in the energy sector were
there is pressure to demonstrate ‘green
credentials’ as both a key strategic intent, with
on-going adherence measurable in published
metrics e.g. BP, Shell and, more recently,
ExxonMobil.
Additionally, there is pressure from a
number of bodies to bring forward the ending
of the sale of ICE vehicles to 2030 as opposed
to 2040.
In June the government revised its 2050
target for an 80% cut in GHG emissions vs
1990 levels, to one of ‘net zero emissions’,
following a recommendation by its advisory
Committee on Climate Change (CCC), to
be enacted by statutory instrument. To help
achieve this goal, the CCC has recommended
that all new car sales be electric by 2035.
The next Inside Out will look at the
government’s Road to Zero strategy where
the ambition is to see at least half of new
cars being ultra-low emission by 2030. This
strategy is part of plans to make the UK – the
best place in the world to build and own an
electric vehicle.
“I FIRST MET JANE WHILE STILL WORKING IN THE CORPORATE WORLD WITH CONOCO, WHICH
WAS NOT LONG AFTER SHE HAD TAKEN OVER THE EDITORIAL RESPONSIBILITIES FOR FUEL OIL
NEWS. I IMMEDIATELY FOUND HER TO BE BOTH INTERESTED AND HIGHLY ENGAGED ABOUT
DEVELOPMENTS IN THE BROADER DOWNSTREAM OIL SECTOR.
20
years
“SHE HAS BEEN ABLE TO BUILD UP AN EXTRAORDINARILY LARGE NETWORK OF CONTACTS, NOT ONLY IN THE
OIL DISTRIBUTOR SECTOR, BUT ALSO IN RELATED SECTORS SUCH AS LOGISTICS, STORAGE, REFINING AND
FUELS’ WHOLESALING, AS WELL AS IN REGULATORY BODIES AND RELEVANT TRADE ASSOCIATIONS. SHE HAS
USED THESE TO GREAT EFFECT IN ENSURING THAT SHE IS BOTH WELL-INFORMED ON AN EXTRAORDINARILY
BROAD SPECTRUM OF SUBJECTS AND UP TO DATE WITH THE LATEST, RELEVANT DEVELOPMENTS, NEWS AND
TRENDS.
“AS A HIGHLY EFFECTIVE EDITOR SHE IS ALWAYS RECEPTIVE TO NEW IDEAS, THOUGHTS AND SUGGESTIONS
AND HER REPUTATION IN THIS CAPACITY COULD HARDLY BE HIGHER AND SO IS A CREDIT TO A&D PUBLISHING.
FOR ME PERSONALLY, SHE IS A PLEASURE TO WORK WITH.”
ROD PROWSE, MARATHON ASSOCIATES
20 Fuel Oil News | July 2019