Why The Treasury Should Go For Low Carbon Infrastructure

The fact is that renewables are better infrastructure than most other types, in even the most conventional sense: wind and solar have a proven record of being built on time and on budget, their costs have fallen so steeply that onshore wind is now the cheapest form of new power generation, and there is a huge pipeline of shovel-ready projects which could fill the investment gap this parliament. But our analysis, done jointly with Cafod, Christian Aid, Greenpeace, the RSPB and WWF, shows that policy is hindering investment in low carbon power, as well as transport and heat.

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