The Treasury’s carbon tax has propelled Britain into the top 10 of a global low-carbon electricity league table faster than any other country, igniting calls from the clean energy industry for the upcoming budget to keep the support in place.
The fresh research shows that Britain has climbed from a 2012 ranking of 20th out of 33 industrialised countries to 7th on the low-carbon electricity league table.
The top 3 include Norway and Sweden, which use vast amounts of hydropower, and France, which relies mainly on nuclear power generation.
Britain’s 13 place leap in just four years is the fastest ascent of any country, according to Imperial College London, which authored the report.
“Britain is reducing its carbon emissions from electricity faster than any other major country, and this has happened because the carbon price and lower gas prices have forced coal off the system – the amount of coal-fired power generation in Britain has fallen 80pc between 2012 and 2016,” said Dr Iain Staffell, from Imperial College London.