IEA welcomes UK efforts towards a low-carbon future

Review of UK energy policies highlights challenge of revamping nation’s energy infrastructure and boosting energy efficiency As it seeks concrete solutions to the low-carbon investment challenge, the United Kingdom is leading by example, according to a review of UK energy policies published today by the International Energy Agency (IEA). The report, Energy Policies of IEA Countries - United Kingdom 2012 Review, applauds the UK’s long-term vision for a low-carbon future – greenhouse gas emissions are to be reduced by 80% from 1990 to 2050 – and its achievements to date, but also sounds some notes of caution regarding the design and implementation of the policies. The review provides a number of recommendations for UK policymakers to consider. "The United Kingdom consistently plays a constructive role in international climate policy, and its domestic policies enhance its credibility on the world stage," said IEA Executive Director Maria van der Hoeven as she presented the review. “For the United Kingdom to decarbonise its economy and energy system, however, huge private-sector investments in energy infrastructure are needed. Consumers must be certain that they are paying for the most cost-effective solutions. Enhanced co-operation with neighbouring countries will increase electricity security." See full Press Release.