Gas investments important for energy security, UK’s Sunak tells BoE
Chancellor of the Exchequer urges officials to support government’s energy security policy
UK finance minister Rishi Sunak has written to the Bank of England, urging officials to consider the “important role” the financial system will play in the country’s energy security by investing in hydrocarbons such as gas.
The Climate Change Act 2008 legally requires the UK government to achieve net-zero greenhouse gas emissions by 2050.
But the UK still relies on oil and gas for three-quarters of its energy, and around half of its gas comes from imports, the chancellor of the Exchequer
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Environment-Renewables
Maintaining China's growth in an environmentally friendly manner
The social awareness of environmental problems in China is rising