Topic filter : Fossil Fuel

Most trending topics in Business & Finance ( last 24 hours ):
British Airways Flight Heathrow Gatwick Fast Food Chain Employment Euro Uber Estate Agent Pound Holiday Debt PayPal EBay Auction

Socially Most Trending News

....The acquisition is the latest in a buying spree by Ineos, which recently bought a significant North Sea oil pipeline for £200m from BP, and takes it from 28th biggest oil and gas producer in the region to the top 10. The move highlights two sharply contrasting strategies for Europe’s energy companies: a doubling-down on fossil fuels or shifting exclusively to focus on clean energy. ... [Read full article on Guardian ]
Wednesday 24th of May 2017 04:16:05 PM
Total Trend count
174
Most trending on :
170 4

Latest Finance News related to Fossil Fuel

Ineos buys Dong Energy's oil and gas business in £1bn deal image
Source : Guardian [Read Article] Wednesday 24th of May 2017 04:16:05 PM
....The acquisition is the latest in a buying spree by Ineos, which recently bought a significant North Sea oil pipeline for £200m from BP, and takes it from 28th biggest oil and gas producer in the region to the top 10. The move highlights two sharply contrasting strategies for Europe’s energy companies: a doubling-down on fossil fuels or shifting exclusively to focus on clean energy. ...
Top UK fund manager divests from fossil fuels image
Source : Guardian [Read Article] Monday 15th of May 2017 05:01:36 AM
. One of Britain’s biggest managers of ethical funds is to dump £20m of shares in fossil fuel companies in one of the biggest divestments so far because of climate change. ...
E.On profits hit by UK customer woes image
Source : BBC [Read Article] Tuesday 9th of May 2017 10:10:26 AM
....On reported a record €16bn (£13. 9bn) full-year loss for 2016, mainly reflecting its move away from generating electricity from fossil fuels and a greater focus on renewable energy. ...
Sun trap image
Source : BBC [Read Article] Monday 8th of May 2017 11:07:44 PM
....India unveiled the world's biggest solar farm earlier this year and has quadrupled its solar capacity in the last three years, bringing electricity to millions of off-grid households. But what are the innovations that could see solar replacing fossil fuels completely?. ...
As wind, wave and shale power converge, could this be the end for Opec? image
....However, Helm is bullish on the US. Donald Trump is a “very lucky president in energy terms”, because Barack Obama was “the fossil fuel president” who oversaw a huge increase in oil and gas production and set the country on course to energy independence. ...
Is Triodos the ethical bank that could replace the Co-op? image
Source : Guardian [Read Article] Saturday 29th of April 2017 06:00:22 AM
.... “We want people to really think about what their bank is doing with their money. Money doesn’t have to be invested in the arms trade, fossil fuels and tobacco – it can be used to do good things that help build the society we want to live in,” says the bank. ...
TfL to spend £18m on preparing London for new electric black cabs image
Source : Guardian [Read Article] Wednesday 26th of April 2017 04:24:18 PM
.... While some of the sites will be exclusively for black cabs, the network will also be open to the increasing number of owners of Teslas, Nissan Leafs and electric BMWs in London. Ben Plowden, TfL’s director of surface strategy and planning, said: “An extensive, rapid charging network is fundamental in helping drivers make the shift from fossil fuels to electric. ...
Most global investors recognise financial risk of climate change, report finds image
....Hewson also praised the Australian Prudential Regulation Authority for warning in March that individual directors may be financially accountable for failing to factor in losses from climate change, commenting “that’s shaken them up a lot”. Three of Australia’s big four banks are currently reviewing their exposure to fossil fuels, including their lending practices to households and farmers, in response to climate change. ...
Tory windfarm policy endangers cheap energy in UK, commission finds image
Source : Guardian [Read Article] Tuesday 25th of April 2017 05:19:44 AM
.... The analysis predicted that by 2040, wind and solar would account for 45% of the global power mix, with hydro and nuclear making up another 35%. “We’re basically saying by 2040, you can get the share of fossil fuel generation down to 20%, and that is quite ambitious,” said Turner. ...
Disney, the Gap and Pepsi urged to quit US Chamber of Commerce image
Source : Guardian [Read Article] Monday 24th of April 2017 11:00:17 AM
....“Unfortunately, the US Chamber of Commerce is doing everything it can to block efforts to combat both climate change and anti-smoking laws and regulations. It opposes the Paris Agreement that you publicly support, is suing to block the implementation of the Clean Power Plan, consistently lobbies against legislation aimed at reducing greenhouse gas emissions, and spends millions of dollars in money on elections ads urging voters to back candidates who support the fossil fuel industry and oppose efforts to combat climate change,” they write. ...
First coal-free day in Britain since Industrial Revolution image
Source : BBC [Read Article] Saturday 22nd of April 2017 12:44:26 AM
.... Lower power demand is a factor too - that's normal on a Friday. And as older, uneconomic coal fired plants have closed in recent years, the fossil fuel has been playing a much smaller role in our energy system. ...
UK set for first full day without coal power image
Source : BBC [Read Article] Friday 21st of April 2017 03:45:43 PM
.... Lower power demand is a factor too - that's normal on a Friday. And as older, uneconomic coal fired plants have closed in recent years, the fossil fuel has been playing a much smaller role in our energy system. ...
Britain set for first coal-free day since the industrial revolution image
Source : Guardian [Read Article] Friday 21st of April 2017 11:11:37 AM
....Coal has seen significant declines in recent years, accounting for just 9% of electricity generation in 2016, down from around 23% the year before, as coal plants closed or switched to burning biomass such as wood pellets. Britain’s last power station will be forced to close in 2025, as part of a government plan to phase out the fossil fuel to meet its climate change commitments. ...
'See you in court': activists ready for Trump to relax smog and drilling rules image
....Such moves, which would be only the latest rollbacks of Obama-era environmental protections, were signalled by administration officials this week. Donald Trump has already made sweeping efforts to boost fossil fuel industries and undo landmark efforts to combat the effects of climate change. ...
Plans for coal-fired power plants drop by almost half in 2016 image
Source : BBC [Read Article] Wednesday 22nd of March 2017 07:44:04 AM
...."It's not normal to see construction frozen at scores of locations, but central authorities in China and bankers in India have come to recognize overbuilding of coal plants as a major waste of resources. "However abrupt, the shift from fossil fuels to clean sources in the power sector is a positive one for health, climate security, and jobs. ...
Coal in 'freefall' as new power plants dive by two-thirds image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 12:01:20 AM
. The amount of new coal power being built around the world fell by nearly two-thirds last year, prompting campaigners to claim the polluting fossil fuel was in freefall. ...
UK climate targets 'will raise household energy bills by £100 in a decade' image
....Rebecca Williams, energy specialist at WWF, said: “This report shows that energy companies are wrong to blame the increase in energy bills solely on UK government policies. It is clear that the main driver here is rising fossil fuel costs. ...
E.On clears up the past with €16bn full-year loss image
Source : BBC [Read Article] Wednesday 15th of March 2017 08:16:40 AM
....The loss mainly reflects E. On's move away from generating electricity from fossil fuels and a greater focus on renewable energy. ...
How to beat UK energy price rises image
Source : Guardian [Read Article] Monday 13th of March 2017 12:20:57 PM
.... Most of the increase was due to rising wholesale electricity and gas prices. Even the latest round of rises is primarily to do with fossil fuel prices, according to Ofgem. ...
Shell’s sale of dirty tar sands assets cleans up debt and spruces image image
....While the divestment programme and a move to cheaper sources of oil will have driven the sale, Ellacott said he was sure the carbon-intensiveness of the sands was part of the company’s thinking too. Tar sands are not just one of the dirtiest sources of oil, but one of the most expensive because of the high cost of turning them into usable fossil fuel. ...
‘Shell knew’: oil giant's 1991 film warned of climate change danger image
Source : Guardian [Read Article] Tuesday 28th of February 2017 05:45:19 AM
....Shell’s 28-minute film, called Climate of Concern, was made for public viewing, particularly in schools and universities. It warned of extreme weather, floods, famines and climate refugees as fossil fuel burning warmed the world. ...
High energy bills here to stay but jobs heading overseas, industry group warns image
.... They were increasingly handicapped by the “physical and financial difficulties inflexible generators face in a market marked by frequent oversupply and occasional shortage”. The emergence of future renewable capacity under the RET would help push prices down, the report said, adding that greener sources of power would one day replace fossil fuels. ...
Windfarms aren’t the real reason energy bills are rising. Blame the free market image
....Anyone reading it would have been forgiven for directing their anger at windfarms when increases in their energy bills land, as half of the big six energy suppliers are planning. Yet the peers’ report admits that “rising international prices for fossil fuels” were the main driver for energy bills going up over the period. ...
Government pension scheme begins ditching oil and gas investments image
Source : Guardian [Read Article] Friday 24th of February 2017 10:21:26 AM
. A giant pension scheme with more than 4 million members is shifting almost 10% of its investments into a new climate change fund designed to move people’s money out of fossil fuels and into renewable energy. ...
Government intervention has led to higher energy bills, claims Lords report image
....Subsidy-backed growth in renewable energy projects, such as windfarms, has deterred the construction of new conventional power plants, the economic affairs committee claimed. The peers envisage the new energy commission would oversee auctions where all technologies, including fossil fuel power plants, competed for guaranteed electricity prices. ...
Searching for Genghis image
Source : BBC [Read Article] Friday 24th of February 2017 12:30:54 AM
....These instruments are accurate enough to measure changes in ocean levels or soil quality, for example, or the shockwaves caused by an earthquake. They can also track the spread of water pollution, the impact of fossil fuel burning, and changes in the size of the ozone layer hole. ...
Green Investment Bank: Australian bidder woos MPs as protests continue image
Source : Guardian [Read Article] Thursday 23rd of February 2017 10:33:25 AM
.... Ministers have insisted the deal will be good value for money for taxpayers, who funded the bank’s launch in 2012, and that its “green purposes” of funding renewable energy and other environmentally sound projects will be protected by a special share owned by the government. But Greenpeace said that documents it had obtained from the Green Investment Bank via freedom of information requests showed the special share would not rule out the privatised bank investing in fossil fuels. ...
Most wood energy schemes are a 'disaster' for climate change image
Source : BBC [Read Article] Thursday 23rd of February 2017 09:47:43 AM
....Subsidies for biomass should be immediately reviewed, the author says. But the industry rejected the report saying that wood energy cuts carbon significantly compared to fossil fuels. ...
Gas and electricity prices may have to rise further, warns industry body image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 03:11:24 PM
....Slade refused to say whether he thought Npower’s recent electricity price increase of 15% was acceptable and said he had no knowledge of individual companies’ future pricing plans. But the head of the energy regulator, Ofgem, dismissed the idea that government policies or smart meters were adding significantly to suppliers’ costs, and said increasing fossil fuel prices were the main pressure. ...
The supermarket food gamble may be up | Felicity Lawrence image
Source : Guardian [Read Article] Monday 20th of February 2017 06:00:29 AM
.... Although the new supply system is miraculous in its scale, speed and efficiency, it has two fatal flaws. First, it depends on the profligate use of finite resources – water, soil, and fossil fuels (with all their greenhouse gas emissions). ...
L'Oréal confirms it is considering selling   The Body Shop as profits fall image
Source : Guardian [Read Article] Thursday 9th of February 2017 06:12:47 PM
.... Some fans of The Body Shop are put off by its links to a vast corporate cosmetics firm. Last year, The Body Shop tried to reaffirm its ethical principles with 14 targets for 2020, including ensuring all its natural ingredients were traceable and sustainably sourced, compared with just under half today, and that 70% of its packaging did not come from fossil fuels, compared with 30% today. ...
Almost 90% of new power in Europe from renewable sources in 2016 image
Source : Guardian [Read Article] Thursday 9th of February 2017 05:00:13 AM
. Renewable energy sources made up nearly nine-tenths of new power added to Europe’s electricity grids last year, in a sign of the continent’s rapid shift away from fossil fuels. ...
Democrats must do to the Dakota pipeline what they did to Betsy DeVos: resist | Kate Aronoff image
.... In 1972, that company changed its name to Exxon. The fossil fuel industry has never been a stranger bedfellow for Pelosi’s party, or a better one to excise. ...
Lack of transparency over green energy subsidies 'shambolic', say MPs image
Source : Guardian [Read Article] Wednesday 8th of February 2017 07:01:00 AM
.... For example, it would not include the £378m consumers will pay via their bills for backup power subsidies next winter. The committee dismissed a BEIS report last November, which it said did not break down the impacts of policies to a household level, and did not show the savings that policies could bring, such as reducing consumers’ exposure to volatile fossil fuel prices. ...
Blackouts? What blackouts? How National Grid keeps the lights on image
Source : Guardian [Read Article] Monday 6th of February 2017 01:12:31 PM
.... Last Friday £378m worth of contracts were awarded for the capacity market, most of which will be paid to old gas, coal and biomass power stations that will be ready to provide power at short notice if there is a surge in demand or dip in supply. But the sources of the UK’s power are changing fast, from a small number of fossil fuel and nuclear power plants to a greater reliance on renewable providers such as windfarms, backed up by gas power plants and undersea power lines connected to continental Europe and Ireland. ...
Shell begins huge task of decommissioning Brent oil rigs image
Source : Guardian [Read Article] Monday 6th of February 2017 07:01:20 AM
....But critics think the tax regime is unjust. “The massive tax breaks being offered to the oil and gas industry to clean up its toxic legacy amount to yet another subsidy to the fossil fuel industry,” said Banks. ...
Electric cars and cheap solar 'could halt fossil fuel growth by 2020' image
Source : Guardian [Read Article] Thursday 2nd of February 2017 06:01:22 AM
....Falling costs of electric vehicles and solar panels could halt worldwide growth in demand for oil and coal by 2020, a new report has suggested. A scenario that takes into account the latest cost reduction projections for the green technologies, and countries’ pledges to cut emissions, finds that solar power and electric vehicles are “gamechangers” that could leave fossil fuels stranded. ...
Deutsche Bank pulls out of coal projects to meet Paris climate pledge image
Source : Guardian [Read Article] Wednesday 1st of February 2017 03:41:56 AM
....Green groups claimed then that Deutsche Bank had bowed to public pressure after 180,000 Germans signed a petition urging the bank not to fund the expansion at Abbot Point in Queensland. A study last month by the legal group Arabella Advisors found that global funds were increasingly signalling plans to pull out of fossil fuel investments, one year on from the Paris climate agreement. ...
Ban coal from backup power subsidy scheme, says Scottish Power image
Source : Guardian [Read Article] Monday 30th of January 2017 04:16:49 PM
....Uniper, the company formed to take care of E. ON’s fossil fuel operations when the German group split its businesses, rejected the idea of a ban. ...
MPs question post-Brexit viability of May's industrial strategy image
Source : Guardian [Read Article] Monday 23rd of January 2017 03:45:43 PM
....However, Caroline Lucas, co-leader of the Green party, said ministers had missed an opportunity. “At the heart of any forward-thinking industrial strategy should have been an unequivocal commitment to phasing out the use of fossil fuels,” she added. ...
Can credit unions finally provide a truly ethical current account? image
Source : Guardian [Read Article] Saturday 21st of January 2017 06:59:28 AM
. Billions of pounds of taxpayer cash pumped in, PPI mis-selling, investing in fossil fuels or dodgy regimes, money laundering, Libor rigging, tax avoidance, excessive executive pay… the list of scandals involving banks goes on and on. ...
United Arab Emirates to invest $163bn in renewables image
Source : BBC [Read Article] Tuesday 10th of January 2017 05:28:16 PM
.... . The UAE has considerable solar power potential and is eager to reduce its use of fossil fuels. ...
Declutter your cupboard if you want, but it won't save the planet | Frank Trentmann image
.... For it only counts the materials used in the UK. We are considered to have used more fossil fuel and minerals if we make a car in Luton with British coal and iron and steel than if we import a car made in Brazil or Poland. ...
China to invest £292bn into renewable fuel by 2020 image
Source : Guardian [Read Article] Thursday 5th of January 2017 08:27:57 AM
....The agency did not disclose more details on where the funds, which equate to about £58bn each year, would be spent. Still, the investment reflects Beijing’s continued focus on curbing the use of fossil fuels, which have fostered the country’s economic growth over the past decade, as it ramps up its war on pollution. ...
Renewables investment in UK will fall 95% over next three years – study image
Source : Guardian [Read Article] Wednesday 4th of January 2017 01:31:36 PM
....”. The thinktank’s analysis found that high carbon infrastructure, which it defines as fossil fuel power stations, airports and road building, was faring little better. ...
Will Donald Trump's election put America first and global conflict next? image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 08:33:31 AM
....Trump’s proposals also threaten to exacerbate the situation in the Middle East. He has said he will make America energy independent, which entails abandoning US interests in the region and becoming more reliant on domestically produced greenhouse-gas-emitting fossil fuels. ...
India's double first in climate battle image
Source : BBC [Read Article] Tuesday 3rd of January 2017 07:41:03 AM
.... . Lord Oxburgh, former chairman of Shell, and now director and head of the UK government's carbon capture advisory group, told the BBC: "We have to do everything we can to reduce the harmful effects of burning fossil fuels and it is great news that more ways are being found of turning at least some of the CO2 into useful products. ...
Greatest invention? image
Source : BBC [Read Article] Monday 2nd of January 2017 12:29:31 AM
.... . From air and quite a lot of fossil fuels. ...
Obama bans oil drilling 'permanently' in millions of acres of ocean image
Source : BBC [Read Article] Wednesday 21st of December 2016 06:35:18 AM
.... . President Obama is heeding advice from scientists warning that humans have already discovered three times more fossil fuels than we can burn without risking the climate. ...
Europe development banks plan £5.5bn backing for gas project ‘with mafia links’ image
....5tn cubic metres of natural gas, enough to provide Europe with a fifth of its gas needs in the decades ahead. That has spurred interest from international finance institutions keen to invest in a “bridge” fossil fuel – such as natural gas – pushed by oil companies as “the key energy for a low carbon future”, although such claims are contested. ...
Centrica has donated to US climate change-denying thinktank image
Source : Guardian [Read Article] Friday 16th of December 2016 06:00:45 AM
....Direct Energy, a US energy company wholly owned by Centrica, donated $20,000 to the Texas Public Policy Foundation (TPPF) in 2010, according to tax filings. The Austin-based thinktank has rubbished climate change science, argued the Paris climate deal would “wreak havoc” in the US economy and said the idea of keeping fossil fuels in the ground was a “ridiculous construct”. ...
The tech industry won't save us – or the planet – from Trump's excesses | Kate Aronoff image
.... Leveraged effectively, they say, technology can create a world-saving “Breakthrough,” as the name of Gates and other billionaires’ new $1bn clean energy fund suggests. But there’s one big problem with such an apparently quick and harmonious fix: the fossil fuel industry, along with its $5. ...
Trump picks Exxon chief Rex Tillerson for secretary of state image
Source : BBC [Read Article] Tuesday 13th of December 2016 07:01:29 PM
....Although he has no formal foreign policy experience, as Exxon chief Mr Tillerson oversees a company with 75,000 employees and business activities in more than 50 countries. He has warned of the "catastrophic" impact of unchecked climate change, although his company has been accused of deliberately misleading the public about the role of fossil fuels in global warming. ...
King Rex? image
Source : BBC [Read Article] Sunday 11th of December 2016 05:09:38 PM
.... . Though he is so far the only member of Trump's candidate to acknowledge the existence of climate change, Mr Tillerson remains committed to the continued use of fossil fuels. ...
New blow for Hinkley Point contractor EDF after French safety checks image
Source : Guardian [Read Article] Friday 2nd of December 2016 07:37:51 PM
....The outages have prompted warnings of potential planned power cuts and pushed up wholesale power prices, boosting coal and gas operators but squeezing small energy suppliers. Carbon emissions will possibly rise too as France, which last year forged a historic climate change deal in Paris, has to import more fossil fuel power. ...
World could face oil shortage by end of decade, says IEA image
Source : Guardian [Read Article] Wednesday 16th of November 2016 08:00:13 AM
....”. But it said low oil prices had accelerated the decline in fossil fuel subsidies, as governments had less need to spend taxpayers’ money to keep fuel costs down. ...
Poo power image
Source : BBC [Read Article] Wednesday 16th of November 2016 12:13:10 AM
.... The UK's first "poo bus", running on human and household waste on the aptly named number two route, was launched with much fanfare in Bristol last year. The initiative was led by Wessex Water's renewable energy company GENeco to show how biomethane gas - produced during the treatment of sewage and inedible food - could be used as a sustainable alternative to traditional fossil fuels to power vehicles and homes. ...
TTIP was defeated by activists – Trump just exploited public anger over it | Nick Dearden image
.... It’s how these tools are used that should be the central question. The soaring value of stocks of some of the world’s biggest and deadliest corporations – arms, fossil fuels and pharmaceuticals – in the wake of Trump’s election shows that these tools are likely to be used in a way that is deeply damaging to the environment and the majority of the world’s population. ...
Ctrl+Z: Silicon Valley leaders U-turn on Donald Trump image
Source : Guardian [Read Article] Friday 11th of November 2016 10:00:16 AM
....“If they really are serious and farm labor gets threatened, then anything that automates labor is something that is going to uptrend,” he said. Clean energy technology may be a loser, though, Wilson said, given Trump’s enthusiasm for fracking, coal, and fossil fuels. ...
Too many clothes image
Source : BBC [Read Article] Wednesday 9th of November 2016 12:04:04 AM
.... . Yet from the water and pesticides required to grow things such as cotton, to the chemicals and energy - mostly fossil fuels - involved in the manufacturing process, to our overflowing landfills, it's wreaking havoc environmentally. ...
Wind turbines 'could supply most of UK's electricity' image
Source : Guardian [Read Article] Tuesday 8th of November 2016 03:49:12 PM
....Dong Energy said the sale would underpin its plan to become a “global leader in renewables”, 44 years after the company was set up to exploit Denmark’s North Sea oilfields. The chief executive pointed to the tumbling cost of green energy as evidence that wind and solar could supplant fossil fuels quicker than expected. ...
Smart energy technology 'stymied by current policy' image
Source : Guardian [Read Article] Monday 7th of November 2016 12:01:30 AM
....Demand response involves large energy users, such as factories, using power at times when there is less strain on the National Grid. This reduces the need for the Grid to ask fossil fuel energy firms to turn up the power at times when the risk of blackouts is increasing. ...
Do you want your savings to go into selling cigarettes? image
Source : Guardian [Read Article] Saturday 29th of October 2016 06:00:12 AM
....Are you happy with 5% of every penny you save going into selling cigarettes? New research reveals how small investors in Britain are pouring their money into tobacco companies and giant oil and coal companies that are wrecking the environment without realising. The report, released ahead of Good Money Week by ethical investment group Castlefield Advisory Partners, highlights how UK tracker funds are massively invested in tobacco and fossil fuel companies. ...
Renewable energy capacity overtakes coal image
Source : BBC [Read Article] Tuesday 25th of October 2016 05:18:48 PM
.... Renewable energy - for electricity and other uses - is a key group of technologies for reducing emissions of greenhouse gases, notably carbon dioxide. Renewables are supplying energy that would probably otherwise have come from burning fossil fuels such as coal and oil, which yield greenhouse gases as a waste product. ...
Green subsidies to push UK energy bills higher than planned image
Source : Guardian [Read Article] Tuesday 18th of October 2016 05:01:29 AM
.... Officials were also accused of failing to gather market intelligence frequently enough. But lower than expected fossil fuel prices had also played a small role, because the most recent subsidy schemes for windfarms – contracts for difference – pay their operators a top-up payment above the price of wholesale electricity, which has been lower than was forecast. ...
Fracking in Lancashire given go-ahead by government image
Source : BBC [Read Article] Thursday 6th of October 2016 12:00:35 AM
.... . "The government must end its fixation with dirty fossil fuels and focus instead on harnessing the UK's huge renewable energy resource. ...
Shale gas ship bound for Grangemouth halted by strong winds image
Source : BBC [Read Article] Monday 26th of September 2016 11:15:58 PM
...."The fact that Scottish public money is tied up in this project is disgraceful. "Setting aside the devastating local impacts of fracking, the climate consequences of extracting yet more fossil fuels are utterly disastrous. ...
Mark Carney : Green finance 'a major opportunity' image
Source : BBC [Read Article] Thursday 22nd of September 2016 07:30:22 PM
....As part of the transition towards a low-carbon economy, Mr Carney also urged companies to disclose the financial risks that climate change poses to their business models. Mr Carney has previously warned of the risks of climate change for the finance industry, including the possibility that the majority of fossil fuel reserves might not be recoverable as governments push to limit global warming. ...
Jeremy Corbyn to set out energy policy 'for the 60m, not the big six' image
Source : Guardian [Read Article] Wednesday 7th of September 2016 08:00:27 AM
....A Corbyn-led government would also immediately reinstate the Department for Energy and Climate Change scrapped by Theresa May when she took over as prime minister, a decision he described as “short-sighted and irresponsible”. A Labour government would ban fracking, as extracting gas is “not compatible” with the UK’s climate commitments because it is a fossil fuel. ...

Gas leak scuppers French attempt to cross the Channel in pedal-powered submarine
 image
....On the Pilot Fish Project's website, it explains that, as well as crossing the stretch of sea, the two men aim to "explore the deepest areas" of the English Channel as well as filming the seabed and promoting energy conservation sustainability. As previous petroleum engineers, the men said they had "witnessed the ever growing technical challenges of fossil fuels extraction, and the delicate management of its environmental impact". ...
Households could get fracking payments under government plans image
Source : BBC [Read Article] Sunday 7th of August 2016 03:37:51 AM
....Meanwhile, shadow environment spokesman Barry Gardiner said a recent government report indicated the cost of the gas generation in 2025 would be higher than the cost of both solar and onshore wind. "We need to question why Theresa May is trying to lock us in to a dirty fossil fuel infrastructure for the next 30 years rather than backing the clean technologies of the future," he said. ...

Approving Hinkley Point would be signing a blank cheque for nuclear power 
 image
.... With Hinkley Point scheduled to provide Britain with 7 per cent of its electricity needs, any such delay would leave consumers disastrously exposed to Britain’s looming energy shortfall, as existing nuclear and coal fired plants come to the end of their natural lives. In any case, a project of always questionable value to the UK economy has been left looking like a total white elephant by the collapse in the price of fossil fuels. ...
Carbon-free banking: where to save, invest and borrow image
Source : Guardian [Read Article] Saturday 16th of July 2016 06:00:04 AM
. If you are worried about climate change, it has never been easier to move your money away from companies connected to fossil fuels, with plenty of carbon-free banking and investment options available. ...
Cautious green light for fracking image
Source : BBC [Read Article] Thursday 7th of July 2016 08:32:57 AM
....". The CCC also urged the government to make progress on capture and storage technology, which allows fossil fuels to be burned with minimal emissions of CO2. ...
Windfarm owner Dong Energy floats for £10bn image
Source : Guardian [Read Article] Thursday 9th of June 2016 12:49:01 PM
....2bn (£10bn) as it successfully pulled off Europe’s largest stock market flotation this year. The Copenhagen-based group, which employs 700 people in Britain and is in the middle of a transition from a focus on fossil fuels to renewables, saw its shares soar a further 10% after they were sold to new investors at Kr235 each. ...
The hard-hat chancellor: what kind of Britain is George Osborne building? image
.... It’s just a game,” says an informed observer, who speculates that Osborne’s main motive in backing Ebbsfleet was to “stymie” the ambitions of his coalition partners, the Lib Dems, to promote garden cities elsewhere. A country with better trains, a re-energised north, an acoustically perfect concert hall and other cultural marvels, with new homes provided in well-planned garden cities, with increased home ownership alongside better housing for everyone, with prosperity led by brilliant scientific innovation, perhaps even with nuclear power stations reducing dependency on fossil fuels, would be a wonderful place. ...
Ben Stein: 'I don't think Trump knows a goddamn thing about economics' image
.... I don’t worry about her in terms of regulation at all. Except that her taxes on the fossil fuel industry are unwarranted and unwise. ...

Page rendered in 1.8661 seconds.