UK Government to Ban Fossil Fuels by 2050
Zero-Emission Economy by 2050: UK Government
Certain countries prioritize clean energy more than others. Indeed, the UK government isn’t an eco-darling. However, it’s plan to eliminate fossil fuels by 2050 is promising.
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Granted, the plan might not survive the next PM’s term. Right-wing populism doesn’t embrace the idea of phasing-out key energy sectors, like nuclear, coal and gas.
Nevertheless, the UK government will play a major role in disrupting the nation’s long-established energy conglomerate.
A Step in the Right Direction
To do so, the UK leans on the European Union’s ’20-20-20′ rule. The plan’s first step: reduce greenhouse gases by at least 20% below 1990 levels by 2020.
Secondly, 20% of electricity consumption must come from renewables. Lastly, energy use must be reduced by – you guessed it – 20%.
Although it’s unlikely the UK will achieve these goals, the initiative has made an impact. Ultimately, the nation transformed its electricity supply in just a decade.
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This achievement is monumental. However, some believe the 2050 zero-emission goal is too lax. Sir James Dyson is among key figures lobbying to make the date earlier.
Moreover, he’s among a growing number of advocates pushing the government to phaseout combustible-engines.
Ultimately, the UK government has not been labeled a zero-emission leader. Instead, Scandinavian nations (particularly Norway) enjoy that mantle.
Currently, most of the vehicles sold in Norway are electric.
The UK has some catching up to do.
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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).