Regulation grows. It is never reaches a stable equilibrium. There are always more things that politicians, regulators and the multiple vested interests want to do. These include new duties and responsibilities, new incentives, and most of all new ...
As the regulators and the utilities gear themselves up for the next round of periodic reviews around 2020, one question which is rarely considered is: do we need any more periodic reviews? Most regulatory regimes around the world don’t have them, and...
As the next periodic review of the water industry (PR19) approaches, government and regulators are going through the usual “reform” process. The temptation to meddle is just too great to resist, and this time there are some good reasons for change...
If BREXIT means BREXIT, and Britain does actually leave the EU, what will be the impact on British energy? What will happen to the Internal Energy Market (IEM)? Will Britain still participate or even have access? What will happen to the existing EU...
Greg Clark the Secretary of State for Business, Energy and Industrial Strategy (BEIS) starts with a number of distinct advantages. He knows about energy, having been shadow Secretary of State for DECC in the run up to the 2010 General Election and ...
BREXIT will be played out in negotiations across a large range of policies. Amongst these, agriculture stands out. In terms of spending, the EU is mainly the Common Agricultural Policy. In the mid 1980s, it accounted for 70% of EU spending, and it has...
The CMA spent roughly 80 years and spent £5 million, identified that the bulk of customers (around 70%) were being charged around £1.4 billion in excess of the “competitive” price, and concluded that it was mostly their own fault for not switching. The £
Green bonds have been proposed as a way to increase funding for improvements in the natural environment in general, and in natural capital in particular. This note identifies some of the core issues in thinking through how they would work in practice.
As investors look to Sunak for clarity on new UK infrastructure bank, the signs are hopeful, provided it is set up… https://t.co/SjUPkadUuq
PublicationEnvironmentBespoke carbon taxes on food February 15, 2021
Are carbon taxes on beef and dairy the answer to emissions from the UK agricultural sector? The issue needs to be addressed
PublicationEnvironmentNet Carbon Gain February 5, 2021
Net Carbon Gain - a new principle, adding to the concepts of Net Biodiversity Gain and Net Environmental Gain
Recent Publications
The EU has been developing its energy and climate policies since 1990, and over time the c...
The most interesting question to ask about oil prices is: why have they taken so long to f...
Whatever the approximate causes of the particular power cuts in mid-August this year, the ...