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Policy

Permacrisis Buffets UK Energy Policy

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Rishi,Sunak,Prime,Minister,London,England,Europe

The UK government’s energy policy has been buffeted by both the global energy crisis and Tory leadership churn, with the latter creating an extra layer of risk for the industry to navigate. Recent policy intervention has involved an expansion of windfall profit taxes on energy companies that will go some way to shield consumers from surging energy costs and help plug a fiscal black hole. But new Prime Minister Rishi Sunak must act swiftly to restore the fiscal and regulatory stability the industry needs when making long-term investments to help ensure the UK meets its statutory climate goals.

Topics:
Policy and Regulation, Fiscal Terms, Elections, Low-Carbon Policy
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