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The Guardian - UK
The Guardian - UK
Environment
Jessica Elgot Deputy political editor

Rachel Reeves to tell G7 accelerating shift to clean energy is best defence against energy price shocks

Rachel Reeves G7 Kemi Badenoch Ed Miliband Reform Sir Keir Starmer Hormuz Insurance Oil North Sea
British Chancellor Rachel Reeves leaves No 11 Downing Street for Prime Minister's Questions
Rachel Reeves said that energy bills were ‘coming down for families this week thanks to the actions of this Labour government’ Photograph: Andy Rain/EPA

Rachel Reeves will warn G7 nations they must move faster on clean energy to insulate economies against global price shocks from oil and gas as she and the energy secretary Ed Miliband meet G7 finance and energy ministers on Monday.

Keir Starmer will also gather major energy industry and insurance figures to thrash out what emergency measures might be needed to contain the continuing crisis from the blockade of the strait of Hormuz.

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