Home

UK downgraded on global energy rating

November 14, 2015

Energy in Demand - Sustainable Energy - Rod Janssen

The World Energy Council rates countries in their energy and climate policies. The recent rating is available here on the WEC website. The WEC points out that only two countries have the triple A rating. This post from Reuters in The Guardian shows that the UK has lost that rating, because of the government scrapping onshore wind subsidies and cut solar subsidies.

Britain loses top energy rating after green policy U-turns

Britain has lost its top-notch energy policy rating from the UN-accredited World Energy Council after the government prematurely cut some renewable energy subsidies, creating uncertainty about how it will address support in future.

The World Energy Council has downgraded Britain to an AAB rating, from AAA, in its annual “energy trilemma index”, which ranks countries’ energy and climate policies based on the issues of energy security, equity and sustainability.

The downgrade reflects the damage the subsidy cuts have caused…

View original post 157 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: