UK’s ‘Green Day’ plans in doubt as reports suggest they could be watered downThe UK’s response to America’s mammoth subsidy package for renewable projects has been thrown into doubt today, after reports suggested that the planned energy policies could be watered down or pushed back to later this year. However, reports this morning say that the plan won’t be fully outlined until the autumn. Originally, Sunak was going to unveil the plans in Aberdeen – the heart of the UK’s energy industry. The source also said that the UK’s energy regulator Ofgem won’t be given greater powers to drive renewable energy production and discipline companies that fail to meet renewable targets. A major delay or dilution of the plans would be a blow to the UK’s green industry, which hoped Britain would respond robustly to the challenge of vast US and EU subsidies.

Source: The Times March 29, 2023 21:23 UTC