In June 2010, the NAO reported that DECC had inherited a poorly coordinated approach towards direct support for renewable energy technologies. This made it impossible to demonstrate whether the Government was achieving value for money from public funds towards to the UK’s legally binding targets:
- The EU Renewable Energy Directive (2009): to increase the share of renewable energy in the UK’s energy mix from 1.3% in 2005 to 15% by 2020;
- The Climate Change Act 2008: to reduce greenhouse gas emissions by at least 80% by 2050, relative to 1990 levels.
The Committee will be looking at the Government's current strategy for low carbon innovation, in particular the costs and benefits of the Government's approach.