Electricity reform package must not "get derailed"

Environmental investment management company Climate Change Capital has said that today’s electricity market reform plans “could provide much needed certainty for investors”. Vice-chairman James Cameron said: “Together with effective carbon […]

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Environmental investment management company Climate Change Capital has said that today’s electricity market reform plans “could provide much needed certainty for investors”.

Vice-chairman James Cameron said: “Together with effective carbon pricing, this package could finally make clean, green technologies permanently more attractive to investors than conventional polluting ones.”

He added: “Huge amounts of private capital are required to deliver Britain’s transition to a low carbon economy and this package can help provide confidence for investors. As always, though, the devil will be in the detail and the government must ensure they push this through at speed and not get derailed.”