[May 2006]  Since the Government's 2003 White Paper emissions of carbon dioxide have risen in the UK; investment in renewables has stalled despite financial encouragement through the Renewables Obligation; the UK has experienced record prices for gas and seen a halt to investment in gas from generating companies; and the Emissions Trading Scheme has failed to significantly affect the mix of energy generation or trigger investment in carbon emissions reduction. This report, based on data provided by the International Energy Agency, the Department of Trade & Industry, the Royal Academy of Engineering, Princeton University and a number of other respected sources, sets out an agenda for Government in the short term and the long term, answering the key issues raised by the Government's current Energy Review related to power generation: the economy, the environment and security of supply.

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