Many social systems favour a short term approach. In government and in business, as well as in many other areas, if we are to address some of the most pressing challenges we face then we will need to adjust to taking the long term view.
Electricity Market Reform (EMR) constitutes the single biggest change in the UK electricity market in a generation. EMR is intended to provide the commercial basis for generations of low-carbon electricity at the lowest possible cost, whilst being neutral to the energy source used.
The clear link between rising global temperatures and the emissions from the combustion of fossil fuels is established. Limiting the warming effect means limiting Carbon Dioxide (CO2) emissions from the combustion of fossil fuels.
The culture of any organisation is fundamental to business performance and yet can be difficult to measure or manage.
Carbon Capture and Storage (CCS) is the only technology available which enables the continued use of fossil fuels for power generation whilst reducing green-house gas emissions. The UK government sees CCS as an important element of its energy policy alongside renewables and nuclear to enable the country to meet its carbon emissions reduction targets, but slow progress in the UK threatens the future of this critically important technology.