UK declares fossil-fuel security era over as Iran conflict pushes energy volatility
TL;DR
Britain pledges to break the link between gas prices and electricity prices, reaffirming a move toward net-zero and clean energy as energy volatility from the U.S.-Iran conflict rises, and despite Donald Trump urging North Sea drilling.
- Iran war shows "era of fossil fuel security is over," says U.K. official, defying Trump calls for North Sea drilling CBS News
- Electricity bills targeted in planned shakeup to energy pricing BBC
- Electricity generators threatened with higher windfall taxes in bid to ensure stable prices The Guardian
- UK moves to weaken link between electricity and gas prices Reuters
- Ed Miliband unveils move to delink UK gas and electricity prices Financial Times
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