UK Unveils Green Program With Little New Cash to Fight US Plans

The UK unveiled its strategy to speed up the deployment of renewable power and capture carbon, part of a plan to boost energy investment in Britain that lacks the financial might of endeavors in the US.

Billed as a response to the limitless green subsidies in US President Joe Biden’s Inflation Reduction Act, the measures show little in the way of new spending, with any meaningful funding expected to come in the Autumn budget.

Key measures for the plan include the expansion of a home energy efficiency program, steps to speed up the planning process for renewable power developments and ...