Energy experts have warned that Labour would struggle to hit its target to decarbonise the electricity system by 2030 given the scale of the challenge ahead, with the Conservative party’s 2035 target also in doubt.
Labour’s ambition is a key part of its wider plan to invest tens of billions of pounds on the shift to net zero through a debt-fuelled “green prosperity plan”, which will be set out in a speech by shadow climate secretary Ed Miliband on Monday.
Sir Dieter Helm, professor of economic policy at the University of Oxford, who has advised the government on energy policy over many years, said neither parties’ goals were likely to succeed on the current trajectory.
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