"We are setting out a Conservative programme for the long-overdue reform of British energy policy,” says Conservatives leader David Cameron.
Cameron and shadow Energy and Climate Change Secretary Greg Clark set out a policy paper, Rebuilding Security, with 12 key actions that a Conservative government would take immediately.
They include:
* reforming the Climate Change Levy to provide a floor price for carbon
* operating a streamlined planning process for large infrastructure investments
* facilitating nuclear power
* accelerating the demonstration of carbon capture and storage
* promoting renewable energy
* electrifying transport to reduce dependence on oil
* creating a Green Investment Bank
* setting a capacity guarantee in electricity and a security guarantee in gas
* building an energy internet
Action will been taken “to mobilise...
