Windfarms are "extremely inefficient and costly" and will not be able to replace gas or nuclear power generation, according to a letter sent by the Conservative energy minister, John Hayes, which reveals the extent of his antipathy to the technology.
Showing posts with label Britain's energy security. Show all posts
Showing posts with label Britain's energy security. Show all posts
Sunday, November 18, 2012
Friday, May 6, 2011
North Sea bosses: George Osborne tax will push up household bills
Fifteen chief executives of gas companies have written to Prime Minister David Cameron warning that his new £10bn tax on North Sea production will lead to job losses and bigger gas bills for British households.
The bosses of major companies, including Centrica, Shell, BHP Billiton and E.ON UK, also told the Government that the tax will increase reliance on imports and damage Britain's energy security. In the Budget, Chancellor George Osborne raised the levy on oil and gas output by 12 percentage points to between 62pc and 80pc of profits depending on the size of the field.
The bosses of major companies, including Centrica, Shell, BHP Billiton and E.ON UK, also told the Government that the tax will increase reliance on imports and damage Britain's energy security. In the Budget, Chancellor George Osborne raised the levy on oil and gas output by 12 percentage points to between 62pc and 80pc of profits depending on the size of the field.
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