No Result
View All Result
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions
Smart Investment Today
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Smart Investment Today
No Result
View All Result
Home Investing

Reform UK urges energy industry to abandon net zero and focus on nuclear and gas

by
August 9, 2025
in Investing
0
Reform UK urges energy industry to abandon net zero and focus on nuclear and gas
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Reform UK has urged energy industry leaders to scrap their reliance on net zero targets, with deputy leader Richard Tice warning there is “no democratic mandate” for higher energy costs.

In a meeting with 11 senior industry figures, Tice – who also serves as the party’s energy spokesman – said a Reform government would focus on delivering “abundant, reliable and cheap home-grown energy” from nuclear and gas-fired power stations. He confirmed the party would scrap the UK’s 2050 net zero target, describing it as a barrier to affordable energy.

Reform has signalled it would be willing to tear up existing renewable energy contracts if they conflicted with its energy price objectives. The party has already warned developers not to participate in Allocation Round 7 (AR7) – the government’s competitive process for awarding guaranteed minimum prices for clean power projects – arguing that the strike price of £126 per megawatt-hour is more than 70% above the current wholesale market rate of £73.

Tice said this proved “environmentalists were wrong” to claim renewables were cheaper, adding: “We do not feel bound by AR7 contracts or thereafter and consider all options on the table.” He urged investors and lenders to avoid backing large-scale renewable projects, claiming they would “make the UK poorer”.

A Reform spokesperson added that Tice had criticised “ugly solar farms, questionable battery storage systems and thousands of huge pylons” for raising electricity costs, damaging the countryside and threatening British industrial jobs.

Earlier this week, Tice accused solar farm developers of “desecrating” the countryside and warned that subsidies would be removed under a Reform government. He wrote to Island Green Power, the company behind the proposed 2,700-acre East Pye solar farm in Norfolk, placing it and its investors “on formal notice” that the party would end taxpayer support for such projects.

Similar letters have been sent to wind farm developers, with Tice insisting the “environmental, economic and social costs” of large-scale renewables “far outweigh the benefits”.

The intervention comes after Energy Secretary Ed Miliband approved development consent orders for seven major solar farms, with more than 30 others in the planning pipeline.

Reform, which has been leading recent opinion polls, says it intends to “reassess all net zero-related contracts signed under the current Government” if it wins the next general election.

Read more:
Reform UK urges energy industry to abandon net zero and focus on nuclear and gas

Previous Post

Jeremy Clarkson warns of ‘catastrophic’ UK harvest as farmers battle extreme weather and rising costs

Next Post

British Shoppers flock to EU for tax-free spending as calls grow to reinstate UK scheme

Next Post
British Shoppers flock to EU for tax-free spending as calls grow to reinstate UK scheme

British Shoppers flock to EU for tax-free spending as calls grow to reinstate UK scheme

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • Trending
    • Comments
    • Latest

    Gold Prices Rise as the Dollar Slowly Dies

    May 25, 2024

    Richard Murphy, The Bank of England, And MMT Confusion

    March 15, 2025

    We Can’t Fix International Organizations like the WTO. Abolish Them.

    March 15, 2025

    Free Markets Promote Peaceful Cooperation and Racial Harmony

    March 15, 2025
    How Europe’s car industry can survive the Chinese EV challenge

    How Europe’s car industry can survive the Chinese EV challenge

    0

    Ana-Maria Coaching Marks Milestone with New Book Release

    0

    The Consequences of California’s New Minimum Wage Law

    0

    Memorial Day

    0
    How Europe’s car industry can survive the Chinese EV challenge

    How Europe’s car industry can survive the Chinese EV challenge

    August 9, 2025

    5 Proven Tips To Help Your Child Get The Most Out Of Swim Lessons In Auckland

    August 9, 2025

    Capital Consumption

    August 9, 2025
    Employment minister warns ‘job deserts’ and long-term sickness are holding back Britain

    Employment minister warns ‘job deserts’ and long-term sickness are holding back Britain

    August 9, 2025

    Recent News

    How Europe’s car industry can survive the Chinese EV challenge

    How Europe’s car industry can survive the Chinese EV challenge

    August 9, 2025

    5 Proven Tips To Help Your Child Get The Most Out Of Swim Lessons In Auckland

    August 9, 2025

    Capital Consumption

    August 9, 2025
    Employment minister warns ‘job deserts’ and long-term sickness are holding back Britain

    Employment minister warns ‘job deserts’ and long-term sickness are holding back Britain

    August 9, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 smartinvestmenttoday.com | All Rights Reserved

    No Result
    View All Result
    • News
    • Economy
    • Editor’s Pick
    • Investing
    • Stock

    Copyright © 2025 smartinvestmenttoday.com | All Rights Reserved