Report: UK accused of racking up £12.8bn in annual fossil fuels support

Cecilia Keating
clock
UK's support for coal is on the rise, according to report | Credit: Andreas Felske
Image:

UK's support for coal is on the rise, according to report | Credit: Andreas Felske

Analysis claims UK continues to plough billions of pounds into fossil fuel sector despite government's ambitions of being a world leader on climate action

The UK continues to plough billions of pounds of public funds into coal, oil, and gas projects, despite the government's repeated claims that it does not subsidise fossil fuels, fresh research relased...

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 nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Politics

Global Briefing: NATO confirms carbon neutral mission

Global Briefing: NATO confirms carbon neutral mission

Military alliance announces target to cut emissions 45 per cent by 2030, Australia explores carbon pricing plans, and all the big green stories from around the world this week

James Murray
clock 01 July 2022 • 6 min read
Saltend Chemicals Park in Hull | Credit: Paul Harrop

How the UK's post-Brexit chemicals standards are starting to trail behind the EU

Publication of UK REACH's priorities for upcoming year prompts concern of a widening gap between EU and UK on hazardous chemical regulation

Cecilia Keating
clock 01 July 2022 • 3 min read
Nuclear power could be ready for a comeback, according to the IEA | Credit: iStock

IEA warns clean energy transition 'harder, riskier, and more expensive' without nuclear

International Energy Agency argues nuclear power can play a significant role in supporting transition to a renewables-dominated energy system worldwide

Michael Holder
clock 30 June 2022 • 4 min read