Energy regulator is out of touch over climate crisis, say businesses
(WorldNews Business)

The UK energy regulator is under fire for failing to prioritise the climate emergency as it draws up plans for Britain´s energy system. Britain´s biggest business group, the CBI, is concerned that Ofgem is relying on an outdated policy mandate to regulate the industry and set price controls. It insists that the regulator´s statutory responsibilities must have climate action at its core or risk undermining the UK´s climate targets by scuppering future investment in renewable energy. Under its existing remit, Ofgem is required to keep the government´s climate policies in mind but its primary obligation is to protect the interests of energy consumers. How melting plastic waste...