Green businesses and investors say prospect of green energy sceptic as cabinet minister in charge does not inspire confidence
Squeezing “every last cubic inch of gas” from the North Sea, re-starting fracking, rejecting windfarms in favour of fossil fuels – the policies espoused by Jacob Rees-Mogg, against a backdrop of rising energy prices, form a clear indication of how the new business secretary will view his brief.
Rees-Mogg will be the core cabinet member with responsibility for meeting the UK’s legally binding target of net zero greenhouse gas emissions by 2050. It is a goal he has previously described as “a long way off” and “a huge regulatory cost”.
