Zero

Renewables Are Cheap. Why Aren’t People Seeing Their Bills Fall?

Octopus Energy went from a startup to 8 million customers in a decade. Chief Executive Officer Greg Jackson says markets made it possible, but those markets now need reform.

Greg Jackson, chief executive officer of Octopus Energy Ltd.

Photographer: Chris Ratcliffe/Bloomberg

The UK used to be a shining example of how to act on climate change. It created one of the world’s first climate laws in 2008, which bound the government to reduce emissions on tight deadlines.

That law used to have cross-party support, but that’s no longer the case with politicians trying to make climate a wedge issue.