SSE warns on Labour proposal to nationalise networks

November 19
11:04 2019

Alistair Phillips-Davies, chief executive of the FTSE 100 utility, said the complexity and distraction of taking energy networks back into state ownership would also “significantly delay” changes needed to meet the UK’s 2050 net zero emissions target, such as rolling out sufficient electric vehicle charging. since the Labour Party first identified the industry as a nationalisation target in its 2017 election manifesto.

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