Future Of British Business
UK Leaves Door Open for Coal Power in Bid to Keep Lights On
- Energy Security Bill doesn’t mention earlier 2024 closure date
- Measure contains measures to keep lights on and cut emissions
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The UK is set to water down one of its key climate change policies as it battles soaring energy prices that have contributed to a cost-of-living crisis for millions of consumers.
The government last year pledged to close all of Britain’s unabated coal-fired power plants by October 2024 -- and said it would enshrine that in law as soon as possible. But there’s no mention of the date in an energy bill published Wednesday.