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.... All but Centrica-owned British Gas have upped their prices, with EDF last week announcing its second rise this winter. The suppliers have blamed a series of factors, from smart meter installation costs and green energy policies to, most frequently, rising wholesale energy costs. ... [Read full article on Guardian ]
Monday 17th of April 2017 03:43:01 PM
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....An official announcement is expected to be made by Nick Hurd, the climate minister, on Thursday, the Guardian understands. Labour, the Liberal Democrats and the Green party have criticised the sale, questioning Macquarie’s track record and commitment to green energy. ... [Read full article on Guardian ]
Wednesday 19th of April 2017 08:54:43 PM
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....A government spokeswoman said it had always aimed to sell the GIB by the spring. Macquarie said it was committed to the GIB’s target of investing £3bn in green energy projects over the next three years, either directly or by arranging capital from other investors. ... [Read full article on Guardian ]
Thursday 20th of April 2017 03:22:54 PM
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....The next step for GravityLight will be to test an assembly line in Kenya to manufacture its product and work with local distribution networks and communities to create jobs. GravityLight, like Pavegen, is one of seven green energy ideas being supported by oil giant Shell. ... [Read full article on BBC ]
Tuesday 4th of April 2017 11:16:43 PM
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....Documents released under freedom of information rules reveal that Ineos is pushing the government to use Brexit as a chance to exempt the chemicals sector entirely from climate policy costs. Currently, energy users pay a levy to support green energy providers, such as offshore windfarms. ... [Read full article on Guardian ]
Monday 3rd of April 2017 05:30:14 AM
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.... It will report on progress in honouring GIB’s green investment principles. It will aim to invest £1bn a year in green energy projects, more than the £700m-ish that GIB was achieving via taxpayer funding. ... [Read full article on Guardian ]
Friday 21st of April 2017 06:20:41 AM
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Latest Finance News related to Green Energy

Green Investment Bank sell-off: only time will tell how green it is | Nils Pratley image
.... It will report on progress in honouring GIB’s green investment principles. It will aim to invest £1bn a year in green energy projects, more than the £700m-ish that GIB was achieving via taxpayer funding. ...
Green Investment Bank sell-off described as a disaster by critics image
Source : Guardian [Read Article] Thursday 20th of April 2017 03:22:54 PM
....A government spokeswoman said it had always aimed to sell the GIB by the spring. Macquarie said it was committed to the GIB’s target of investing £3bn in green energy projects over the next three years, either directly or by arranging capital from other investors. ...
Green Investment Bank to be sold off in £2.3bn deal image
Source : Guardian [Read Article] Wednesday 19th of April 2017 08:54:43 PM
....An official announcement is expected to be made by Nick Hurd, the climate minister, on Thursday, the Guardian understands. Labour, the Liberal Democrats and the Green party have criticised the sale, questioning Macquarie’s track record and commitment to green energy. ...
Big six energy firms braced for government price crackdown image
Source : Guardian [Read Article] Monday 17th of April 2017 03:43:01 PM
.... All but Centrica-owned British Gas have upped their prices, with EDF last week announcing its second rise this winter. The suppliers have blamed a series of factors, from smart meter installation costs and green energy policies to, most frequently, rising wholesale energy costs. ...
Ghetto city image
Source : BBC [Read Article] Tuesday 4th of April 2017 11:16:43 PM
....The next step for GravityLight will be to test an assembly line in Kenya to manufacture its product and work with local distribution networks and communities to create jobs. GravityLight, like Pavegen, is one of seven green energy ideas being supported by oil giant Shell. ...
Chemicals giant Ineos leads industry lobbying to avoid green tax image
Source : Guardian [Read Article] Monday 3rd of April 2017 05:30:14 AM
....Documents released under freedom of information rules reveal that Ineos is pushing the government to use Brexit as a chance to exempt the chemicals sector entirely from climate policy costs. Currently, energy users pay a levy to support green energy providers, such as offshore windfarms. ...
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
....One of the reasons for the fall in new plants was that too much capacity had been built in recent years, particularly in China. Tim Buckley, director of energy finance studies at the IEEFA, a pro-green energy thinktank, said the falling demand for coal power in China and India and plans to curtail new power stations shows that the world has overestimated the need for the fossil fuel. ...
How to beat UK energy price rises image
Source : Guardian [Read Article] Monday 13th of March 2017 12:20:57 PM
.... A recent Lords committee report blamed such support for recent price rises. However, green energy payments only accounted for 10% of the rise in bills between 2003 and 2016. ...
Most wood energy schemes are a 'disaster' for climate change image
Source : BBC [Read Article] Thursday 23rd of February 2017 09:47:43 AM
.... . While much of the discussion has focussed on wind and solar power, across Europe the biggest source of green energy is biomass. ...
Lack of transparency over green energy subsidies 'shambolic', say MPs image
Source : Guardian [Read Article] Wednesday 8th of February 2017 07:01:00 AM
....In a report published on Tuesday, the committee said officials should disclose the costs and savings from the green policies so consumers could decide if they were good value for money. An overspend on renewable energy subsidies – due to so much green energy being deployed – is forecast to push the average household bill £17 higher than it would have been in 2020. ...
Ban coal from backup power subsidy scheme, says Scottish Power image
Source : Guardian [Read Article] Monday 30th of January 2017 04:16:49 PM
. Ministers should ban coal power stations from a scheme paying their owners subsidies to provide backup power, a leading energy company and green energy group have urged. ...
Theresa May's post-Brexit industrial strategy ducks tough decisions | Nils Pratley image
....The tale of David Tyler, the Sainsbury’s chairman, and his barn conversion was told in Monday’s paper. In short: Tyler used one of Sainsbury’s green energy and engineering experts to inspect his plans to install underfloor heating at his home in East Sussex. ...
Sainsbury's chairman sanctioned for using staff to work on country home image
Source : Guardian [Read Article] Monday 23rd of January 2017 07:00:26 AM
....”. In the investigation Tyler, who was paid £496,000 by Sainsbury’s last year, was found to have used the services of a member of the supermarket’s sustainability team, who had expertise in green energy and engineering, to review plans for underfloor heating systems at his barn conversion near Lewes in East Sussex. ...
Fischer Energy joins UK retail market with 100% renewable offer image
Source : Guardian [Read Article] Sunday 15th of January 2017 04:49:38 PM
.... He added that while the company would be on comparison sites, it would not pay commissions to them. The company, which has around 25 employees, is also going up against some long-standing green energy suppliers such as Good Energy and Ecotricity with its pledge to supply 100% renewable electricity. ...
Government review likely to back Swansea Bay tidal lagoon image
Source : Guardian [Read Article] Tuesday 10th of January 2017 06:00:26 AM
....Plans for a pioneering tidal power lagoon in Swansea Bay are expected to be supported by a government-commissioned report this week, potentially unlocking a multibillion-pound series of projects harnessing electricity from the rise and fall of the tide around the UK. When ministers last year ordered a review to see if the technology could affordably provide green energy to the UK, it was widely seen as a way to kill off an ambitious project at Swansea proposed by Tidal Lagoon Power. ...
Is night time the right time to use your electrical appliances? image
Source : Guardian [Read Article] Saturday 7th of January 2017 06:59:12 AM
....”. The company, which has been supplying green energy for more than 15 years but only has 20,000 customers, claims consumers will be able to save £60 a year with moderate behavioural changes. ...
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
....Investment in wind, solar, biomass power and waste-to-energy projects will decline by 95% between 2017 and 2020, it added. While a slowdown in green energy investment had been expected after ministers cut several subsidy schemes over the last 18 months, the figures lay bare the dramatic extent of the decline. ...
Batteries charged to play bigger role in UK energy grid image
Source : BBC [Read Article] Friday 9th of December 2016 01:53:05 PM
.... . In a big step forward for green energy, the government has said that low-carbon batteries will play a role in balancing the national grid for the first time. ...
Spread betting firms end winning run as FCA clamps down image
Source : Guardian [Read Article] Tuesday 6th of December 2016 07:14:57 PM
.... Coal-fired producers are at the mercy of commodity markets. Meanwhile, biomass, or wood pellets, are not everybody’s idea of green energy and a chancellor can change the subsidy regime overnight, as George Osborne did in his 2015 budget, doing serious damage to Drax’s share price. ...
Siemens' £310m Hull plant will take windfarm technology to new level image
Source : Guardian [Read Article] Thursday 1st of December 2016 12:06:25 AM
....”. The green energy trade body, RenewableUK, called the plant “a key part of our nation’s modern industrial strategy”. ...
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. ...
Higher inflation and rising debt threaten millions in UK image
Source : Guardian [Read Article] Saturday 5th of November 2016 09:01:32 PM
....“The chancellor should address these fears in the autumn statement, and take action to boost jobs and wages. That means new investment in infrastructure such as roads, rail, green energy and homes, and increases in the national minimum wage. ...
Your chance to go green with an energy Isa image
Source : Guardian [Read Article] Saturday 5th of November 2016 07:00:40 AM
. What’s been described as the UK’s first “green energy” Isa is set to go on sale this weekend, and has received an endorsement of sorts from a senior government minister. ...
Green subsidies to push UK energy bills higher than planned image
Source : Guardian [Read Article] Tuesday 18th of October 2016 05:01:29 AM
....1bn for 2020/21, but government officials warned last year it was on track to hit £9. 1bn because so much green energy was being deployed. ...

Jeremy Corbyn is a symptom, not the cause of Labour’s total lack of direction 
 image
.... Smith’s pitch to Labour’s members is that he is almost as Left wing as the leader he is trying to overthrow, except on defence. His speeches are either commonplace – such as this week’s calling for jobs in creative industries and green energy, which have been booming under the Tories – or vying to show he could raise taxes and spending just as much as his opponent. ...
Why not invest in your local chippy? It could be a source of renewable energy image
....Living Power says this can be very good, because the plants are largely used to supply electricity at peak times, when the Grid pays most for additional units of power. On top of that, they earn an income from “Rocs” – which are green energy certificates given to generators of renewable power. ...
VW US emissions settlement reported to cost $15bn image
Source : BBC [Read Article] Tuesday 28th of June 2016 12:29:39 AM
....According to the sources quoted by news agencies, the deal also includes $2. 7bn in funds to offset excess diesel emissions and $2bn for research into green energy and environment-friendly cars. ...
Volkswagen to pay owners hit by emissions scandal total of $15bn image
Source : Guardian [Read Article] Monday 27th of June 2016 11:07:02 PM
....The settlement includes $2. 7bn in funds to offset excess diesel emissions and $2bn for green energy and zero emission vehicle efforts, the source said. ...
Ecotricity founder calls for time limit on divorce payout claims image
Source : Guardian [Read Article] Friday 10th of June 2016 04:51:24 PM
.... They separated in the mid-80s and divorced in 1992. In the mid-90s Vince began a business career and went on to become a green energy tycoon when he launched Ecotricity, which is worth at least £57m. ...
Windfarm owner Dong Energy floats for £10bn image
Source : Guardian [Read Article] Thursday 9th of June 2016 12:49:01 PM
....Related: Dong Energy IPO to value windfarm operator at £11bn. “It gives Dong Energy a solid foundation to retain and develop its position as one of the leading green energy companies in the world. ...
Energy schemes to add £100 to UK household bills within five years image
Source : Guardian [Read Article] Thursday 19th of May 2016 11:01:24 PM
....Independent consultancy Cornwall Energy said energy subsidies will have risen by 124% by 2020-21 due to the cost of the capacity market, renewable obligations, contracts for difference and feed-in tariff schemes. The cost estimates will anger Conservative backbenchers opposed to subsidising green energy, even if it is designed to play a key role in the fight against climate change. ...
Shell working to repair leak that spilled 2,000 barrels of oil into Gulf of Mexico image
.... The company said vessels and aircraft have been deployed to mop up the spill. Related: Shell creates green energy division to invest in wind power. ...
Shell creates green energy division to invest in wind power image
Source : Guardian [Read Article] Sunday 15th of May 2016 03:08:58 PM
....Paul Stevens, a fellow at the Chatham House thinktank, said in a research paper that the oil majors were no longer fit for purpose – hit by low crude prices, tightening climate change regulations and wrongheaded strategies. In the report, Stevens argued the only way forward for the companies lay in diversifying into green energy, drastically reducing their operations or consolidating through mega-mergers. ...
UK's attractiveness for renewables investment plummets to all-time low image
....The EY report found there were reasons for optimism on UK renewables in the next few months, as auctions of the licences to operate new offshore windfarms take place, but that the conditions the government was placing on the licences, and the track record of policy U-turns, left “some uncertainty”. The turn against green energy in the government’s rhetoric began in the later days of the coalition government, when ministers began to voice anti-green sentiments, in contrast to the environmental commitments made by David Cameron when in opposition and in the early days of his first premiership. ...
UK's attractiveness for renewables investment plummets to all-time low image
....The EY report found there were reasons for optimism on UK renewables in the next few months, as auctions of the licences to operate new offshore windfarms take place, but that the conditions the government was placing on the licences, and the track record of policy U-turns, left “some uncertainty”. The turn against green energy in the government’s rhetoric began in the later days of the coalition government, when ministers began to voice anti-green sentiments, in contrast to the environmental commitments made by David Cameron when in opposition and in the early days of his first premiership. ...
Oil firms have 10 years to change strategy or face 'short, brutish end' image
....Paul Stephens, a fellow at Chatham House thinktank, said in a research paper the oil “majors” were no longer fit for purpose – hit by low crude prices, tightening climate change regulations and their own wrongheaded strategies. In the report, Stephens argues the only way forward for the companies lies in diversifying into green energy, drastically reducing their operations or consolidating through mega-mergers. ...
Gas goes green as suppliers opt for carbon neutral sources image
Source : Guardian [Read Article] Saturday 23rd of April 2016 06:00:29 AM
.... Other emissions produced by customers will be offset through carbon-reduction schemes that support local communities in Malawi, Vietnam and Nepal. After electricity, biogas is seen as the next step towards green energy, as more anaerobic digestion sites open up. ...
RBS pulls back fossil fuel investments as green deals grow image
Source : Guardian [Read Article] Sunday 17th of April 2016 12:44:44 PM
. Royal Bank of Scotland has reduced its global lending to oil and gas companies and doubled its green energy loans in the UK to £1bn a year, according to new figures released to the Guardian. ...
Clouds gather over solar power after golden years of success image
Source : Guardian [Read Article] Saturday 16th of April 2016 03:00:21 PM
.... And it is good business. Many associate Whitehall with the government’s recent cuts to solar subsidies, but the state has cashed in on a wider solar boom by providing land – as well as benefiting from the low carbon emissions that come from green energy. ...
Reader awards: vote now for business leader and unsung hero of the year image
....Richard Clothier - managing director, Wyke Farms. Wyke Farms’ “100% Green” initiative, developed after Richard analysed the company’s environmental impact, has allowed it to become the UK’s first national cheddar brand to be 100% self-sufficient in green energy. ...
Let's use Tata Steel to build the UK's wind turbines and green economy image
Source : Guardian [Read Article] Thursday 7th of April 2016 01:51:54 PM
.... But another villain has been identified by a roll call of sceptical voices on the right of the political spectrum – green policies, carbon taxes and their supposedly draconian impact on the UK’s energy prices. In fact, as a number of rebuttals were quick to point out, green energy levies add only 1% to the total production costs at the Port Talbot plant. ...
Now is the perfect time for Cameron and Osborne to show their steel | Anne Perkins image
....In the meantime, more serious thought needs to be given to what an industrial policy that wasn’t called the northern powerhouse might look like. It would consider the best way of growing green energy supplies without making electricity so costly that intensive users are driven out of business. ...
Looking for ethical investments? Here are a few that could be worth your energy image
....4m solar scheme just a few miles down the road from the prime minister’s constituency home in Oxfordshire; an organic farm and business park; and what is described as the UK’s first ever “council solar bond”. Across the country there are growing numbers of community-owned and run businesses, including many green energy schemes, where those who are supportive of the cause can invest and hopefully earn a bank-beating return. ...
New York pension fund could have made billions by divesting from fossil fuels – report image
.... Countries are recognizing the threat that excess carbon dioxide poses to the health of the planet. During the climate talks in Paris in December, nearly 200 nations committed to cutting carbon emissions, signaling a shift away from fossil fuels to a green energy economy. ...
Energy policy U-turns 'may cost households £120 a year' image
Source : Guardian [Read Article] Thursday 3rd of March 2016 12:01:48 AM
....These include giving local people a say over onshore wind farm planning while excluding them from shale gas projects and claiming to favour low-cost decarbonisation while halting relatively cheap onshore wind farms. Related: Top lobbying group in historic green energy U-turn. ...
Green investment bank could be snapped up by foreign buyers image
Source : Guardian [Read Article] Wednesday 2nd of March 2016 09:30:44 PM
....Related: Green Investment Bank sell-off plans alarm MPs and peers. “The challenge presented by climate change is clear – it is imperative we mobilise more funding for green energy projects. ...
Why are energy firms U-turning on green agenda now? image
Source : Guardian [Read Article] Sunday 28th of February 2016 01:59:56 PM
....The comment from Lawrence Slade, the boss of Energy UK, that he believes Britain needs an Energiewende (German low-carbon energy transformation) is like holding up garlic to the vampires on the Tory backbenches who have been pushing for a go-slow on everything green. Related: Top lobbying group in historic green energy U-turn. ...
Top lobbying group in historic green energy U-turn image
Source : Guardian [Read Article] Sunday 28th of February 2016 01:17:03 PM
. The UK’s biggest energy lobbying group has shifted its position on green energy and will start campaigning for low-carbon alternatives for the first time, in what environmental campaigners are describing as a watershed moment. ...
Drax pre-tax profits fall 64% to £59m image
Source : BBC [Read Article] Tuesday 23rd of February 2016 08:57:52 AM
....Energy company Drax has announced a 64% fall in pre-tax profits from £166m to £59m in the year to December 2015. It said it had been affected by the government's U-turn on green energy support and low energy prices. ...
Npower owner RWE's shares slump after dividend is scrapped image
Source : Telegraph [Read Article] Wednesday 17th of February 2016 02:47:19 PM
.... . Germany wants to generate 80pc of its electricity from renewable sources by 2050 and has been subsidising green energy, such as wind and solar power, in recent years. ...
Australia's greenest city: Adelaide pulls ahead of Sydney and Melbourne image
Source : Guardian [Read Article] Friday 12th of February 2016 12:38:23 AM
....Other capital cities are rising to the challenge. Brisbane city council, led by Lord Mayor Graham Quirk, already uses 100% green energy (from solar, wind and waste sources) and says it will become carbon neutral by 2031. ...
Solar microgrids and batteries could prevent another Black Saturday bushfire image
....That’s without even factoring in the bigger picture. When it comes to bushfires, the most significant benefit of switching over to green energy solar-and-storage systems is not the mitigation of today’s risks, but the reduction of carbon emissions and thus the frequency and severity of such disasters in the future. ...
Obama to unveil $10 a barrel 'green' oil tax  image
Source : Telegraph [Read Article] Friday 5th of February 2016 09:42:16 AM
.... . Obama wants to invest more in green energy, such as elelectric cars  Photo: Alamy. ...
We print money to bail out banks. Why can’t we do it to solve climate change? image
.... Just a percentage of that spent to bail out private banks could pay for investments needed to stabilise the world’s climate. Related: UN urges business leaders to double investment in green energy by 2020. ...
Shell shareholders vote for BG Group takeover despite opposition image
Source : Guardian [Read Article] Wednesday 27th of January 2016 02:25:18 PM
....On the day, some opposition came from shareholders who thought it was time for Shell to change strategic direction and work harder for the low-carbon world envisaged by negotiators at the recent climate change talks in Paris. “We have voted against this deal because we think there is a much better way to spend billions: in renewable energy,” said Mark van Baal, founder of Follow This, a group of Shell investors supporting green energy. ...
Want to do good at work? Here's where to find a job in the sustainability market image
....These R&D investments would create new innovations, investments, and startups – and, not incidentally, jobs for people with backgrounds in investor relations, finance, operations and market strategies. Another intiative, the Breakthrough Energy Coalition (BEC), also hopes to transform the green energy market by focusing on electricity generation and storage, transportation, industrial use, agriculture and energy system efficiency. ...
Debt headache for plans to privatise Green Investment Bank image
Source : Telegraph [Read Article] Saturday 23rd of January 2016 06:00:51 PM
.... The Edinburgh-based GIB has already committed £2. 8bn of public funds to more than a dozen green energy projects, and has brought in three times as much in additional private sector backing. ...
Business warns of economic burden image
Source : BBC [Read Article] Wednesday 30th of December 2015 09:29:52 AM
...."Overall, UK policymakers need to deliver regulatory stability and predictability. Businesses struggle to invest when the rules repeatedly change - as we have seen in the energy sector where policy shifts have chilled investment," CBI director general Carolyn Fairbairn said highlighting the recent withdrawal of subsidies for green energy schemes. ...
Should I invest in energy bonds promising 5.5pc and 6pc? image
Source : Telegraph [Read Article] Monday 21st of December 2015 08:22:44 AM
.... Mongoose Energy offers two-year "mini-bonds" to investors as it seeks to raise £1. 68m for two green energy projects in the UK. ...
Solar panel payouts SLASHED by two thirds as Cameron makes mockery of climate change deal image
.... Cuts were not as deep as had been initially mooted but are still a huge blow to Britain's clean energy industry. Ministers say the move is necessary to curb rising costs of green energy on consumer bills. ...
Donald Trump loses battle to 'protect' Scottish golf course from wind farm image
Source : Telegraph [Read Article] Wednesday 16th of December 2015 11:02:56 AM
.... . However, in a boost for the green energy industry, five Supreme Court judges unanimously ruled against Mr Trump’s argument that the turbines are a “dangerous experiment with wind energy”. ...
Diesel power companies given big tax breaks under Osborne’s energy regime image
.... It is also understood to have qualified for EIS tax relief. Dale Vince, the founder of green energy provider Ecotricity, lambasted a system that has handed new subsidies to diesel and extended funding for other fossil fuels. ...
VIDEO: Unilever boss questions UK energy policy image
Source : BBC [Read Article] Friday 4th of December 2015 03:30:57 PM
. The chief executive of Unilever has questioned the UK government's policy to make cuts to support green energy. ...
Mark Zuckerberg's billion-dollar chance to change the world image
Source : Telegraph [Read Article] Wednesday 2nd of December 2015 11:01:19 PM
.... Consider the leadership that Bill Gates is showing on renewable energy innovation. He has rejected the arguments of the green energy lobby and climate activists, who claim wrongly that today’s inefficient, intermittent solar and wind energy technology is ready to replace fossil fuels and just needs to be rolled out. ...
COP-21 climate deal in Paris spells end of the fossil era image
Source : Telegraph [Read Article] Sunday 29th of November 2015 02:46:39 PM
.... China has in effect switched sides since Copenhagen, no small matter for a country that now emits as much CO2 as the US and the EU combined. It has embraced green energy with the zeal of the converted, rushing to clean up its toxic cities and head off a middle-class revolt that threatens the legitimacy of the Communist regime. ...
Minister says he will have final say on Lancashire fracking plan image
Source : Guardian [Read Article] Friday 27th of November 2015 10:34:55 AM
.... She said: “The fact that Lancashire council’s rejection of fracking could now be overturned by central government is a slap in the face to local democracy and the thousands of people in the county who strongly opposed it. Related: Most of Britain's major cities pledge to run on green energy by 2050. ...
Unilever to stop using coal for energy within five years image
Source : Guardian [Read Article] Friday 27th of November 2015 12:01:05 AM
....Subsidies for fossil fuels are still far outstripping those for renewable energy, he noted, even though the plummeting price of solar and wind are “exciting” for companies. “We barely subsidise green energy – one tenth of what we spend on fossil fuel subsidies goes to green energy,” he said. ...
Autumn Statement 2015: Steel industry to be exempted from green energy taxes image
Source : Telegraph [Read Article] Wednesday 25th of November 2015 07:14:07 PM
.... . Energy intensive industries (EIIs) such steel and chemicals will not have to pay the levies included in power bills under policies such as the renewables obligation and feed-in tariff, which are intended to promote the use of green energy. ...
George Osborne's spending review – our writers' verdict | The panel image
Source : Guardian [Read Article] Wednesday 25th of November 2015 02:43:50 PM
.... But some departments are going to face reductions of the order of a quarter, and that is on top of the quarter or so that they have already absorbed. Osborne never makes it easy to see the consequences on the day, but – in town halls, in prisons and in green energy – those consequences won’t be concealed forever. ...
Autumn Statement and Spending Review 2015: George Osborne scraps tax credit cuts and ends age of austerity image
.... . Jeremy Corbyn has criticised the Government's record on renewable and green energy. ...
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Allianz to end its investment in coal image
Source : Telegraph [Read Article] Tuesday 24th of November 2015 11:06:25 AM
.... The German firm is the latest major investor to distance itself from fossil fuels. Axa, the French insurance giant, announced in May that it planned to divest its coal assets and treble investments in green energy, while the Norwegian $916bn sovereign pension fund, which manages the public proceeds of the country's oil industry, is also selling out of coal. ...
Coal and renewable firms criticise government energy plans image
Source : Guardian [Read Article] Wednesday 18th of November 2015 06:42:43 PM
....The government has already cut support for new solar and onshore wind, which Rudd said was aimed at bringing down costs for consumers. However, Dale Vince, the boss of the green energy provider Ecotricity, said Rudd’s stance on renewables was inconsistent with concerns about cost. ...
Energy cost relief for steelmakers could come 'within weeks' image
Source : Telegraph [Read Article] Tuesday 10th of November 2015 07:55:36 PM
.... . Prime Minister David Cameron has pledged to cut green energy levies but as the move is classed as state aid, the EU has to agree to it. ...
World energy watchdog fears 1970s oil crunch as Mid-East regains stranglehold  image
Source : Telegraph [Read Article] Tuesday 10th of November 2015 07:17:30 PM
.... . Renewables will overtake coal to become by far the biggest source of electricity by 2040, with wind power surging by 300pc to 1,400 gigawatts (GW) and solar jumping 500pc to more than 1,000 GW as green energy competes increasingly on pure cost. ...
Global recession scare fades as stimulus revives manufacturing  image
Source : Telegraph [Read Article] Monday 2nd of November 2015 08:06:16 PM
.... Road freight is 12 times larger than rail, and is growing briskly. The shift to green energy and a service economy has greatly reduced electricity intensity of GDP. ...

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