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The cost of decarbonising Britain may just have gone up

Former Energy Secretary Ed Davey on the abolition of his old department

By Ed Davey  

Secretary of State for Business, Energy and Industrial Strategy Greg Clark. Will the abolition of the Department for Energy and Climate Change hit the confidence of low-carbon investors? ©Isabel Infantes/EMPICS Entertainment

Signals matter in politics. And for investors. That’s why Theresa May’s decision to abolish the Department of Energy and Climate Change (DECC) has put her government on the…

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