The prime minister is preparing to ditch or pause work on her predecessor’s Energy Bill in order to focus on driving down UK households’ energy costs, sources claim.
The wide-ranging legislation “centres on both the desire to achieve net-zero by 2050 and the need to completely remove any need for Russian gas and oil, following its invasion of Ukraine”, reported ITV News after Boris Johnson announced the bill during his Queen’s Speech in May.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The then-PM said the bill would “accelerate our transition to more secure, more affordable and cleaner home-grown energy supplies”.
The legislation “would have overhauled everything from carbon dioxide transport to carbon capture and civil nuclear power production”, said the i site.
But Downing Street has stressed that Truss wants to prioritise capping energy bills and reforming electricity markets. The new PM is reportedly “pushing for two big reforms”: decoupling electricity prices from the global gas price, and a move to “locational pricing” to incentivise the private sector to build extra capacity.
Abandoning parts of the Energy Bill may also mean “ditching a landmark reform”, the site added. In his Queen’s Speech, Johnson said that a “future systems operator” arm of the National Grid would be created to “drive progress towards net zero” and “energy security”.
-
Anti-trans scandal roils major LGBTQ+ literary prize as authors withdraw en massein the spotlight Multiple nominees for the UK's premier queer writing award have removed themselves from contention to protest the inclusion of a self-proclaimed 'trans-exclusionary radical feminist' in their ranks
-
4 ways to cover unexpected home repairsThe Explainer Home is where the heart is — but it might cost you
-
Why is Trump attacking Intel's CEO?Today's Big Question Concerns about Lip-Bu Tan's Chinese connections
-
China is building the world's biggest hydropower dam. Is it a 'water bomb' aimed at India?Today's Big Question River is a 'lifeline for millions' across Asia
-
'This is a humanitarian, developmental and moral emergency'Instant Opinion Opinion, comment and editorials of the day
-
What difference will the 'historic' UK-Germany treaty make?Today's Big Question Europe's two biggest economies sign first treaty since WWII, underscoring 'triangle alliance' with France amid growing Russian threat and US distance
-
Is the G7 still relevant?Talking Point Donald Trump's early departure cast a shadow over this week's meeting of the world's major democracies
-
'We need solutions that prioritize both safety and sustainability'Instant Opinion Opinion, comment and editorials of the day
-
Angela Rayner: Labour's next leader?Today's Big Question A leaked memo has sparked speculation that the deputy PM is positioning herself as the left-of-centre alternative to Keir Starmer
-
Home energy: Bills are up, efficiency is outFeature The Energy Star program saves Americans billions of dollars, but the Trump administration plans to 'eliminate' it.
-
Is Starmer's plan to send migrants overseas Rwanda 2.0?Today's Big Question Failed asylum seekers could be removed to Balkan nations under new government plans
