The UK government’s infrastructure pipeline sets out its view of large infrastructure investments that are likely to be made over the course of the parliament and beyond. Green Alliance has previously analysed the last three iterations of the pipeline. This new analysis primarily considers changes made over the past six months.
It shows that for the first year since 2012, the trend of rising high carbon investment and falling low carbon investment in the UK has reversed. In contrast, renewables spending has fallen and investment in renewables is set to decline by 95 per cent between 2017 and 2020.
The challenge for government will be to deliver policy in the forthcoming Emissions Reduction Plan which keeps low carbon investment up for the tail end of this parliament and into the 2020s.