Labour's energy policy makes Britain an example of how NOT to tackle climate change, economist warns

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Labour's energy policy is making Britain an example of how not to tackle climate change, a leading economist has warned.

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Professor Sir Dieter Helm says high energy costs have led to de-industrialisation and suggests current policy has little impact on global greenhouse gases.

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This has made UK policy a warning to others, he suggests, because "nobody leading any country wants to end up with the highest industrial energy prices in the developed world".

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The policy might also prove incompatible with the power demands of data centres needed for AI, he said, warning: "You can't be an AI superpower and a renewables-based economy anytime soon." TRENDING Stories Videos Your Say Sir Dieter, Professor of Economic Policy at Oxford University, said energy support programmes such as the British Industrial Competitiveness Scheme, which grants eligible companies up to 25 per cent off their bills, were a "sticking plaster".

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