BREXIT And The Climate Fight

5 ways Brexit will transform energy and climate; A post-Brexit UK will still have energy ties to the EU, but there will be big changes.

Sara Stefanini, June 24, 2016 (Politico)

“Britain’s departure from the EU will force broad changes to the bloc’s energy and climate policies, and remove a crucial ally for Central Europeans — but it will also give London far more freedom to pursue nuclear projects…But there’s a lot to lose on both sides of the Channel…A post-Brexit U.K. will still be tied to the rest of Europe through gas and electricity links and an emissions trading market it is unlikely to ditch, but it will have less influence on the bloc’s decisions. The EU, instead, will lose a strong pro-free market voice, which has historically helped tone down some more statist schemes coming from Continental capitals…

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"...[Post-Cameron leadership could] scrap the country’s renewable energy targets and tax on high-polluting power plants…[and] change the country’s approach to the Paris climate agreement…[Brexit could weaken the U.K.’s access to Russia’s] oil and gas…Both sides of the Brexit debate argued their position would ensure lower household power and gas bills…[but an independent National Grid report found leaving] the EU could cost the U.K. up to £500 million per year in the 2020s…Central and Eastern Europe nations lose an ally in the debate] over how much say the Commission, and other members, should get in a country’s climate and energy policies…[and the loss of long-term predictability] will likely cause upheaval for businesses planning to build renewable energy plants or drill for shale gas…” click here for more

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