As oil producers count the cost of the plunging oil price, countries that rely on oil imports are rubbing their hands.
Showing posts with label George Osborne. Show all posts
Showing posts with label George Osborne. Show all posts
Sunday, February 8, 2015
Saturday, March 22, 2014
Petrol prices at three-year low says AA
Petrol prices have fallen to their lowest in three years with the cheapest fuel sold in Yorkshire and the Humber, says the Automobile Association.
Tuesday, March 11, 2014
Hinkley Point decision delay is no surprise given the history
Anyone who has followed the saga of EDF’s Hinkley Point plans has long learnt to take its pronouncements on the project’s timescales with a healthy dose of salt.
Thursday, December 12, 2013
Fracking support from government climate change adviser
Britain should push ahead with fracking, the chairman of the government's advisory body on climate change has said.
Wednesday, November 27, 2013
Energy firm RWE npower axes £4bn UK windfarm amid political uncertainty
Britain's green ambitions have been dealt a blow as a big six energy company has pulled the plug on one of the world's largest offshore windfarms, with the political storm enveloping the industry threatening the multibillion-pound investments needed to meet emissions targets and head off a looming capacity crunch.
Saturday, November 16, 2013
EnQuest cleared to develop £4bn Kraken oil field off Shetland
A £4bn investment in a major oil field off Shetland has been given the go-ahead.
The Kraken field, which is estimated to contain nearly 140m barrels of oil, is majority-owned by Aberdeen-based EnQuest.
Friday, October 18, 2013
Osborne agrees to China investing in UK nuclear plants
The Chancellor, George Osborne, has announced that the UK will allow Chinese companies to take a stake in British nuclear power plants.
Monday, September 30, 2013
I don't want UK to be at forefront of tackling climate change, says Osborne
George Osborne has said he does not want Britain to be a world-leader in fighting climate change because the UK should not price itself out of international energy markets by placing too heavy an environmental burden on suppliers.
Sunday, September 8, 2013
UK investors see bright future for solar power – if the nimbys can be won over
The late summer sun is shining on Britain's solar power sector with new investments worth almost £220m unveiled on Thursday by City-based groups.
Sunday, August 4, 2013
Energy companies are paying a heavy price for shunning renewables
No wonder the big energy companies are spooked by the green dream. Have you seen their share prices lately?
Thursday, August 1, 2013
Energy companies are paying a heavy price for shunning renewables
No wonder the big energy companies are spooked by the green dream. Have you seen their share prices lately?
Witness npower last week, which warned that green policies will drive a 20% rise in energy bills by 2020.
Saturday, July 20, 2013
George Osborne unveils 'most generous tax breaks in world' for fracking
George Osborne has infuriated environmentalists by announcing big tax breaks for the fracking industry in a bid to kickstart a shale gas revolution that could enhance Britain's energy security but also increase its carbon emissions.
Thursday, May 16, 2013
Climate change sceptic to advise David Cameron on foreign policy
One of the government's fiercest climate change sceptics has been appointed to advise the prime minister on key foreign policy issues, in a move that has angered green campaigners.
Sunday, January 20, 2013
Backing energy efficiency would help stave off a triple-dip recession
New figures from Britain's leading economists suggest the UK could be heading for a triple-dip recession.
Monday, December 17, 2012
Fracking splits coalition over future for British energy
Cuadrilla Resources, the tiny company pioneering shale gas exploration in Britain, caused two minor earthquakes with its drilling near Blackpool.
Tuesday, December 11, 2012
Fracking laws needed 'to control UK's dash for gas', says MEP
Brussels will move to regulate the shale gas industry, a senior member of the European parliament has warned, claiming the UK cannot be sure it knows what it is doing in embarking headlong on a "dash for gas".
Tuesday, December 4, 2012
Dash for gas sees 30 new gas power plants by 2030
Britain could have 30 new gas-fired power stations running by 2030 under a dramatic expansion of generation plans to be unveiled this week.
Sunday, November 25, 2012
UK energy deal triples renewable subsidy by 2020
LONDON: British government support for low-carbon electricity generation will triple by 2020 after the energy and finance ministries reached a deal to end months of wrangling over costly reforms.
Sunday, November 18, 2012
John Hayes: 'windfarms will not replace gas or nuclear'
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.
Tuesday, November 13, 2012
George Osborne: make UK a world leader in energy storage
Chancellor George Osborne has said the UK must take a global lead in developing a series of low carbon technologies, including energy efficient computing and energy storage, in his first major speech on scientific issues.
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