Ed Miliband has committed to addressing the “blockers and delayers” impeding the expansion of wind and solar farms as the Government prioritises overcoming nimbyism in its infrastructure strategy.
The IEA warns that achieving net zero will come at an annual cost of £3.7 trillion.
The International Energy Agency (IEA) has indicated that an annual investment of $4.5 trillion (£3.7 trillion) will be necessary starting from the beginning of the next decade for the world
BMW’s chief states that the net zero mandate on gasoline vehicles is intensifying price competition in China.
“As the EU progresses with its plans to prohibit combustion engines, European automakers are finding themselves in a pricing battle with Chinese counterparts,” warns the BMW head.