The outcome of the EU referendum has divided opinion, but within the sustainability sector there appears to be real concern that the absence of legislation from Brussels could have long-term impacts on the local and global environment.
Of course, the uncertainty that exists now only adds risk to investment decisions, provides excuses to not implement and will, naturally, mean that investors will put their cash where they have greater certainty of cash value and policy. This limbo position won’t help the market for investment in renewables. Our own government has flip-flopped enough with energy policy for decades – now, with uncertainty surrounding trade deals and energy this will likely add cost to supplies and infrastructure investment.
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