Government subsidies undermine Net Zero
18 January 2024
SUGGESTED
In the Media
Julian Jessop quoted in The Daily Mail
18 January 2024
Energy and Environment
IEA research referenced in York Press
19 January 2024
Economic Theory
11 November 2024
Christopher Snowdon's research quoted in City AM
IEA Head of Lifestyle Economics Christopher Snowdon’s new paper Trees for burning, which highlights extensive government subsidies for carbon-intensive woody biomass energy production, has been featured in City AM.
The article said:
“…the Institute of Economic Affairs published a damning report criticising the government’s efforts to allow Drax to not only classify its massive emissions as zero carbon due to the wood they burn coming from overseas but also damning today’s subsidy scheme.
“The think tank estimates that the scheme could hand Drax up to £4bn through 2030.”
Read the full article here.
You can also read Trees for burning: the biomass controversy here.
The article said:
“…the Institute of Economic Affairs published a damning report criticising the government’s efforts to allow Drax to not only classify its massive emissions as zero carbon due to the wood they burn coming from overseas but also damning today’s subsidy scheme.
“The think tank estimates that the scheme could hand Drax up to £4bn through 2030.”
Read the full article here.
You can also read Trees for burning: the biomass controversy here.
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