Budget: Keep strong CO2 price or risk coal revival, research warns

Michael Holder
clock • 4 min read

As Chancellor Philip Hammond readies Budget, Aurora Energy Research analysis reveals potential for adding 10GW of renewables by 2040 if carbon price increases

Maintaining a higher carbon price is key to cost-effectively decarbonising the electricity sector, phasing out coal power, and meeting the UK's climate change targets, a new analysis by Aurora Energy Research...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Policy

Scotland delays green heat bill for second time, citing lack of UK-wide 'clarity'

Scotland delays green heat bill for second time, citing lack of UK-wide 'clarity'

Government reaffirms pledge to decarbonise buildings in Scotland by 2045, but delays crucial Bill beyond next year's Holyrood election

Stuart Stone
clock 19 November 2025 • 5 min read
Boiler Upgrade Scheme: Government set to expand scheme to include air conditioning heat pumps

Boiler Upgrade Scheme: Government set to expand scheme to include air conditioning heat pumps

Government expands heat pump scheme to include heat batteries and 'air-to-air devices' that can cool homes in summer, despite speculation over budget cuts

Stuart Stone
clock 18 November 2025 • 4 min read
COP30: SMEs demand more support from governments to help them reach net zero

COP30: SMEs demand more support from governments to help them reach net zero

Letter signed by organisations representing more than six million small and medium businesses warns dearth of policy support risks them being left behind in net zero transition

Michael Holder
clock 17 November 2025 • 4 min read