Labour unveils plan to nationalise energy networks and drive 'Green Industrial Revolution'

Madeleine Cuff
clock
Under Labour's plans transmission and distribution operators would be taken into public ownership
Image:

Under Labour's plans transmission and distribution operators would be taken into public ownership

Party fleshes out plans to take control of electricity and heat networks from 'profiteering' private firms

Labour has unveiled detailed plans to nationalise large parts of the UK's energy sector in a move it claims will vastly boost the pace and scale of the low-carbon transition. In leaked documents reported...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Infrastructure

Not so moral money?

Not so moral money?

Stuart Kirk's insistence investors do not need to worry about climate risk fundamentally misunderstands both climate change and risk

James Murray
clock 20 May 2022 • 11 min read
Hinkley Point C confirms fresh delays, as MPs raise nuclear decommissioning concerns

Hinkley Point C confirms fresh delays, as MPs raise nuclear decommissioning concerns

Developer reveals flagship project is facing further delays, as Public Accounts Committee raises alarm over wider nuclear industry decommissioning costs

James Murray
clock 20 May 2022 • 5 min read
Steel production is responsible for around eight per cent of direct emissions from global fossil fuel use

IEA: The G7 can and must lead on decarbonising heavy industry

International Energy Agency argues UK, USA and EU and others have the 'economic heft, technology leadership and international alliances' to pioneer the development of low carbon industrial hubs

Michael Holder
clock 20 May 2022 • 5 min read