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Office for Budget Responsibility

'Now is not the time to delay': Over 400 businesses urge Prime Minister not to weaken climate policies

Policy

'Now is not the time to delay': Over 400 businesses urge Prime Minister not to weaken climate policies

Anger over Rishi Sunak’s watering down of net zero policies escalates, as CCC warns announcements are ‘likely to take the UK further away’ from being able to meet its legal emissions targets

clock 21 September 2023 • 8 min read
OBR: Costs of continued gas reliance more than double that of reaching net zero

Investment

OBR: Costs of continued gas reliance more than double that of reaching net zero

Remaining heavily reliant on fossil gas for power and heating poses huge fiscal and economic risk to the UK, warns the Office for Budget Responsibility

clock 14 July 2023 • 8 min read
Energy bills: Why household finances and business certainty will still suffer under Jeremy Hunt's extended plan

Energy

Energy bills: Why household finances and business certainty will still suffer under Jeremy Hunt's extended plan

More ambition, particularly in boosting energy efficiency, could help, explains UCL professor Jim Watson

clock 22 November 2022 • 4 min read
How high gas prices could cut the cost of meeting net zero by a third

Taxation

How high gas prices could cut the cost of meeting net zero by a third

Office for Budget Responsibility estimates sustained high fossil fuel prices could make the comparative costs of net zero over a third cheaper

clock 08 July 2022 • 5 min read

Politics

PM and Chancellor 'on same page' over net zero strategy, government claims

Government denies reports of differences on Downing Street over how to fund much needed policies to deliver net zero

clock 26 July 2021 • 3 min read

Net Zero Now

How much will net zero cost the UK? The OBR tries answering the trillion-pound question

The Office for Budgetary Responsibility has offered some of the most detailed estimates to date on the costs and savings that would result from decarbonising the UK economy by 2050

clock 07 July 2021 • 8 min read

Risk

OBR: Climate change could inflict 'sudden shocks' and 'slower-building pressures' on public purse

If global efforts to curb climate change fail the risks posed by migration, extreme weather and conflict will be 'severe' for UK economy, Office for Budget Responsibility warns

clock 18 July 2019 • 4 min read
Most read
01

Climate policy rollback risks Tory seats: Poll reveals 'climate majority' in Blue Wall and key marginals

23 September 2023 • 6 min read
02

'ChatNetZero': 'World's first' climate chatbot switched on

22 September 2023 • 4 min read
03

'Investors spooked': Rishi Sunak confirms speech on the future of UK's net zero plans

20 September 2023 • 9 min read
04

Government threatened with legal action over net zero policy rollback

22 September 2023 • 5 min read
05

Global Briefing: Climate protest rocks New York during UN General Assembly week

22 September 2023 • 8 min read
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