Macquarie takes full ownership of Britain's gas network

Contributing sentiments towards policy:

51% : Macquarie is set to take full control of Britain's core gas transmission network in a roughly £700mn deal, as the world's largest infrastructure investor bets on an enduring future for gas pipelines despite the UK's efforts to shift away from fossil fuels.
48% : They added a further 20 per cent last year, as National Grid continued to shift its weighting towards electricity and away from fossil fuels.
43% : The deal comes as the UK tries to move away from natural gas, which supplied about 38 per cent of the UK's energy in 2022, as part of its push to cut carbon dioxide emissions to reach its legally binding goal of net zero by 2050.
43% : Hydrogen is being eyed as a potential replacement for fossil fuels in heavy industry and heavy transport, but very little of it is currently made in a low carbon way, and the shift will require large state support.

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