And all for promises of 'growth' that will not materialise.

It's disappointing seeing EU leadership slip on climate, but we carry on.

The fact that clean tech is so modular and replicable compared to oil and gas or nuclear make them so much easier to bring down a cost curve!

For a long time this was a non-starter though so at least welcome to see Treasury is open to the conversation.

- Legacy renewable costs like the RO and FiT
- Hidden cost of high seabed leasing fees that rake in money for Treasury but are ultimately born by consumers
- Belated network upgrades that come through as standing charges
- Costs of newer expensive techs that will soon appear on bills

If you're going to put things on tax I'd much rather see them go after other parts of the bill that arguably would sit better on taxation anyway, e.g.:

The problem with focusing on just VAT is that it's both relatively marginal and it will mean the fixed costs that are left will make up a larger proportion of the bill, which could feed the (incorrect) narrative that it's net zero 'levies' that's making bills expensive.

Reports from @thetimes.com that Rachel Reeves is considering removing VAT shows a growing awareness in gov that there are limited levers to get bills down this parliament - and many of them sit with treasury.

Community energy is one of the biggest areas GBE can make a difference!

People need to feel a stake in the energy transition, and GBE can help make the economics stack up.

This is the bit I found most interesting! Still picking through the report but yeah the increasing reliance on shale could mean that when viable output falls it falls much quicker than people expect.

The number of leaps here is astounding 😅

Will be watching this case like a hawk, will test how willing and able the courts are to reign Trump's direct assault on Wind.

This is a good bit of nuance.

I'm still a bit conflicted on this but we probably do need to have a hierarchy of gas sources and encourage switching between them, but there's a risk this becomes a license to keep on building gas infrastructure because 'at least it's clean gas'.

Ooh yes looks very interesting! Will check it out thanks.