This essay, by Michael Liebreich, CEO of Bloomberg New Energy Finance, also appears in Green conservatism: protecting the environment through open market, published last week by Green Alliance. There are similar collections under ‘Green social democracy’ and ‘Green liberalism’ projects as part of Green Alliance’s Green Roots programme, which aims to stimulate green thinking within the three dominant political traditions in the UK. This has also been published on BusinessGreen.
As things stand, energy risks becoming the most divisive issue within the Conservative Party, the place usually held by Europe. On one side are the Roundheads, determinedly modern, concerned about climate change and convinced renewable energy holds the key to future prosperity and environmental nirvana. On the other, the Cavaliers, dismissive of climate change and convinced that the right combination of tax relief and shale gas will enable the UK to reclaim its glory days as an energy exporter. Read more