Headline-grabbing announcements about nuclear power and carbon capture and storage (CCS) have featured prominently in Jeremy Hunt’s first budget address as UK chancellor. While Hunt used his speech to emphasise the need for greater energy security in response to the energy crisis, he did little to match the low-carbon subsidy schemes devised by the US and the EU. Ahead of the budget there had been growing pressure for a UK government response. Hunt’s “growth strategy” focused on the “four key … read more »
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