More than 100 of the UK’s biggest energy companies will tell Rishi Sunak this week not to back off the green agenda after a report by the Office for Budget Responsibility (OBR) warned of catastrophic effects on the economy of continued overreliance on gas.
The energy sector is becoming so alarmed at what it sees as the Sunak government’s mixed messages on switching to more renewable energy that big UK companies are ready to go public with a letter to Downing Street within days.
Among their main fears are that investment in green industries will go abroad, to the EU and the US, and that the Tory party now appears more interested in using climate issues to promote a culture war with Labour than it is in tacking the climate emergency and seizing the economic opportunities it presents.
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