Chatham House warns on Brexit risks for energy and climate policy
A paper by think tank Chatham House has said a vote to leave the EU could impact on investment in the UK energy sector. The UK Unplugged? briefing, issued on Thursday 26 May, said considerable risks were associated with all of the models for Brexit, but that the Norway option would be the least disruptive in that it would provide continuity in market access and regulatory frameworks. However, the paper noted that this approach would come at the expense of “passively accepting the vast majority of EU energy policy and legislation while sacrificing and say in their creation”. The model could result in a position where the UK in fact had less sovereignty over its future energy policy, the paper said.