UK spends least among major European economies on low-carbon energy policy, study shows

Britain spent about ?26bn in three years on low-carbon measures, less than Italy, Germany, France and Spain, Greenpeace findsThe UK spends less on low-carbon energy policy than any other major European economy, analysis has shown, despite evidence that such spending could lower household bills and increase economic growth more than the tax cuts the government has planned.Spending on low-carbon measures for the three years from April 2020 to the end of April 2023 was about $33.3bn (?26.2bn) in total for the UK, the lowest out of the top five European economies, according to an analysis by Greenpeace of data from the International Energy Agency. Continue reading...