Nina Skorupska of the U.K. Renewable Energy Association said the U.K.’s decision “raises serious questions for investor certainty, energy security and much needed investment in U.K. energy infrastructure”. Scientists, for one, are very anxious by the prospect of Britain leaving the European Union, according to Vox.
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Commenting on the result of the Brexit referendum, the envoy said it will have a “huge impact” on UK’s relationship with Europe in the future.
In a statement the EU’s minister in charge of the Commission’s financial services, who had campaigned for a Remain vote, said he will step down in the coming weeks.
Following the announcement of the results on Friday, British Prime Minister David Cameron announced his resignation, saying he would leave office by October, when his ruling Conservative Party will hold a conference. “. In the United Kingdom, the real interesting question is about what’s going to happen (to) the Prime Minister David Cameron”.
On Friday, he said he would leave it to his successor as Conservative party leader and premier to trigger Article 50 of the European Union treaty, which sets out a two-year process to quit the bloc. “The first in this list must be confirmation of the 5th carbon budget, which will hopefully give some confidence in the long-term direction of United Kingdom energy policy”, she said. And as a leading member of North Atlantic Treaty Organisation, an organization that is becoming more relevant in view of Russia’s threats, Britain’s role in the collective defense of Europe remains crucial. “But the voters – to some degree, I think, exhausted of being told what to do by the elites – made up their minds”.
On Friday, European Parliament leaders said they also wanted a quick divorce from the United Kingdom, and that Britain must begin the process of leaving the bloc immediately.
But for the 48 percent of British voters who wanted to remain – and for the 2 million European Union nationals who live and work in Britain, but could not vote – there was sadness, anger and even panic.
Juncker added that the separation was “not an amicable divorce”, insisting “it was not exactly a tight love affair anyway”.
It said, in its view, the negative effect from lower economic growth would outweigh the fiscal savings from Britain no longer having to contribute to the European Union budget.
The referendum means the world’s fifth-largest economy must now go it alone in the global economy, launching lengthy exit negotiations with the bloc and brokering new deals with all the countries it now trades with under the EU’s umbrella. They have access to the single market while staying out of the EU. “I don’t think anyone really thought Brexit was really likely, certainly not when they were negotiating with Cameron, otherwise they would have done a very different deal”.
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Obama has said his involvement was justified because of the two countries’ longstanding special relationship. “The will of the British people is an instruction that must be delivered”.
