The New UK Government Wants Clean Energy, Sustainable Aviation Fuel, and Public Transport Reform
Jul 18, 2024
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The podcast discusses the UK government's plans for clean energy, sustainable aviation fuel, and public transport reform. Topics covered include a publicly owned clean power company, investments in green infrastructure, leveraging the Crown Estate for renewable energy, modernizing water regulation, and proposed bills for public transport reform.
The UK government plans to establish a taxpayer-owned clean power company for renewable energy investments.
Legislation includes mandating fuel suppliers to blend sustainable aviation fuels and reforming public transport for environmental improvement.
Deep dives
Plan for Publicly Owned Clean Power Company
The UK Labour government plans to establish a taxpayer-owned company named Great British Energy to invest in renewable energy. With an initial funding of £8.3 billion, the company will promote clean power initiatives like onshore wind farms and partner with the private sector to enhance renewable energy production.
Legislation for Sustainable Aviation Fuels and Crown Estate Modernization
Labor's proposed legislation mandates fuel suppliers to blend at least 10% sustainable aviation fuels in their mix. Additionally, the plan involves modernizing the Crown Estate to borrow funds for investing in sustainable energy projects. The bill aims to widen the Crown Estate's investment scope to include green infrastructure development and emphasizes reforms in water management and public transport systems to address environmental concerns.
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UK Government's Focus on Clean Energy, Sustainable Aviation, and Public Transport