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NewsTax breaks for shale gas companies, and Climate Change Levy Exemption for ceramics companies were announced in the 2013 budget. The Chancellor George Osborne today unveiled his 2013 budget, which he said would help “those who want to work hard & get on”. But there was no sign of the new, simpler ‘carbon tax’ that [...]
Posts Tagged ‘George Osborne’
Drax power station: coal to biomass
The largest carbon emitter Britain is to stop burning coal to comply with EU laws, and will instead burn imported American wood chips. Running on coal, Drax has long been a symbol of Britain’s energy industry, but its move to biomass means it is fast becoming a symbol of our confusing and convoluted present day [...]
CRC Scheme league table to be published late
The performance table for the CRC (Carbon Reduction Commitment) Energy Efficiency Scheme is due to be published in the coming days. The Environment Agency (EA) has confirmed that the Energy Efficiency Performance League Table (PLT) is almost ready, with over 2,700 organisations being measured and ranked in order of how efficiently they use the energy [...]
A 2013 UK Shale Gas Revolution? Unlikely.
Natural gas prices in the US have dropped by almost two thirds since they started ‘fracking’ for shale gas. Could we see a similar boost to the UK economy any time soon? Shale Gas – probably the only hope we have of producing a significant amount of useful, home-grown energy in the next decade or [...]
Ofgem report warns of blackouts by 2015
A lack of excess electricity generation has led the energy regulator to admit there could be shortfalls in supply in the near future. A report recently published by Ofgem predicts that the UK’s spare generation capacity will drop from its currently level of 14% to 4% by 2015. Under special terms in business electricity contracts, [...]
Budget 2012: New carbon taxes for businesses?
In the budget today, the Chancellor George Osborne announced plans for a new “alternative environmental tax”, as a result of reforming or scrapping the Carbon Reduction Commitment. The Carbon Reduction Commitment, also known as the CRC Energy Efficiency Scheme, is designed to reduce the energy consumptions of the largest businesses in the UK, by placing [...]
Which? calls for carbon price to be scrapped
The consumer watchdog has begun a campaign to get the carbon floor price scrapped, saying that it is nothing but a burden on UK energy consumers and businesses. The program is designed to encourage energy suppliers to generate more from low-carbon technologies, but Which? says that it will add to our bills without really changing [...]
Cutting red tape could fast-track wind power
‘Presumption in favour of sustainable development’ may fast track wind turbine construction The reforms laid out by the coalition government aim to simplify the application process – fast tracking wind farms, many pieces of essential infrastructure, such as airports, waste processing plants and nuclear power stations. In simple terms, there will need to be enough [...]
