Government needs credible carbon policy, says Helm
The government must establish a “coherent” carbon policy that reduces the cost of cutting emissions in the short term and finds new technologies in the long run, Oxford economist Dieter Helm has said. Helm published on Thursday 20 August a new paper on The First 100 Days of Conservative Energy Policy. It argued that the “immediate imperative” for the new energy and climate change secretary should be replacing coal with gas, either through the establishment of a “proper” carbon price or through the Emissions Performance Standard. This, Helm said, should be followed by a renewed focus on research and development, which would deliver the next generation of renewables technologies.