Further conferences on energy must be avoided by UK Government

Repeated meetings to consult on increasing renewable energy units would definitely hamper the chances of UK becoming a global leader in this field. Ernst & Young conducted a study which showed that Britain has already lost its fourth ranking in the index to drop to six in terms of being friendly countries for international investment in green energy.

A senior member of Ernst & Young, Jonathan Jones vehemently asserted that the inordinate amount of time being taken by the British government to pass the Energy Bill as well as the delay in executing the European Union’s Renewable Directives had led to the loss in ranking. Repeated meetings to discuss the Energy Bill would result in two years of no development to speak of. This would effectively give the UK government a period of just 10 years within which it needed to develop a renewables development plan. Jonathan Jones spoke in favour of the German model being used as a sample for UK to base its model on. Germany is a good example because of its easily implementable legislations with the facility of feed in tariffs and therefore occupies a better ranking.

China is another shining example with its bolstered supply chain network and its self-set goal of 15% to generate renewable energy by year 2020. Investors, Jones states would pitch in with their investments based on economically friendly initiatives set forth by the government as well as efficient systems in the workplace  that have the required potential to curb carbon emissions.