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The new Prime Minister of the UK, Liz Truss, won the leadership election which was announced on Monday 5th September 2022. One of her first
The new Prime Minister of the UK, Liz Truss, won the leadership election which was announced on Monday 5th September 2022. One of her first policy initiatives is to spend close to GBP100 billion to protect businesses and households from rising energy prices. From a fiscal perspective this is not sustainable as it will increase the UK's cost of borrowing. You have been provided with a number of recent newspaper articles to help brief you and bring you up to speed on the crisis. For the new UK Prime Minister, advise how to implement a new energy policy that will wean businesses and households off traditional sources of energy such as oil and gas in order to make renewable energy the dominant form of consumption in the UK. Refer to the EAST Framework and other behavioral insights when designing and implementing your policy ?
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