National Gridlock The UK’s Energy System is Broken – Will Labour’s Plans Fix It

One of the centrepieces of Labour’s current policy platform is the aim of Spending £28 billion a year on a ‘Green Prosperity Plan’ by the middle of the next Parliament, with much of this going to fund its nationalised energy company GB Energy. Although the plan has been watered down since it was announced – going from £28 billion of additional funding immediately to £20 billion of additional funding by the end of the next Parliament according to Institute for Fiscal Studies analysis – it still represents a significant change in policy from the Government, and a potentially significant boost for the UK’s energy infrastructure. The Government has a target of decarbonising the electricity grid by 2035, meaning that 100% of the electricity we use will come from renewable sources. Fossil fuels still account for around 30% of the electricity flowing through the grid today, while over the past year, they have made up around 37% of our electricity, compared to 36% for renewables.

https://bylinetimes.com/2023/10/24/national-gridlock-the-uks-energy-system-is-broken-will-labours-plans-fix-it/

You can catch Myself & Lee Corne every Wednesday 9PM UK Time on The Snowflake Show https://www.youtube.com/@TheSnowflakeShow

https://linktr.ee/reganelite
https://discord.gg/xCjFtYdSJp
https://www.buymeacoffee.com/Reganelite

Exclusive Content on Patreon
https://www.patreon.com/Reganelite