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Gas chiefs sparked fury last night by awarding five bosses £3.2million in bonuses – less than three months after jacking-up bills. The payouts were among a near £16million boardroom bonanza at British Gas owner Centrica last year. The directors’ windfall formed part of a £135million bonus pool shared by the firm’s workforce which critics said would infuriate hard-pressed customers. Biggest winner was Centrica chief executive Sam Laidlaw who took home a package of almost £2.3million last year, including a £941...
Britain's greenhouse gas emissions rose 2.8 percent in 2010 due to increased power generation, largely due to cold weather early and late in the year, provisional data from the government showed on Thursday. In 2010, UK emissions were provisionally estimated at 582.4 million tonnes of carbon dioxide equivalent, compared to 566.3 million tonnes in 2009, the Department of Energy and Climate Change (DECC) said in a statement. Under the U.N.'s Kyoto Protocol, the UK has to cut emissions 12.5 per cent below 1990...
The government has ordered an expansion of the UK's nuclear programme without properly factoring in evidence that nuclear power stations cause an increase in cancer cases in children living nearby, according to a legal challenge in the high court.The case alleges that the energy and climate secretary, Chris Huhne, did not properly review the evidence on cancer when giving the go-ahead for the expansion last year. Lawyers claim the action could delay, or even stop, the programme of new reactors.Rory Walker, a 24...
Figures released today (March 29) appear to show the UK is rapidly collapsing as a renewable energy hub. Apparent fear amongst private investors over the Conservative lead coalition's position on renewable power seems to have completely stalled what was a rapidly growing market, according to the figures. World-wide statistics released by the influential American Pew Charitable Trust claim the UK's private investment in clean energy fell by 70% in 2010. The drop in UK funding comes depite figures for the rest...
The catastrophic events in Japan that led to Fukushima’s nuclear crisis made the world review their concepts about nuclear energy generation. What once was seen as an effective way to generate carbon free electricity is now being questioned about its safety that will sure comprise its economical viability.What happened at Fukushima’s nuclear power plant caused deep wounds on the nuclear industry, forcing governments in every corner of the globe to review their nuclear development policies.Read More: http://www.catalyst...
The UK is set to increase its renewable energy budget to over £3.2bn for the next three years, UK Energy Secretary Chris Huhne has revealed. Huhne has vowed to leave no stone unturned in support of Scottish renewable energy projects in particular, in the belief that Scotland is vital to the UK’s climate change targets. He has given a snippet of the upcoming UK budget, announcing that the UK will increase its renewable energy monetary allocation to over £3.2bn in the next three years. ‘If we are to meet our climate...
The CBI today (Tuesday) warned that the Government's flagship energy efficiency scheme is untenable in its current form, as it reiterated its call for the incentive behind the Carbon Reduction Commitment to be restored. Launching a new policy brief, Back to the Answer: Making the CRC work, the UK's leading business group argues that the Government's decision to remove the revenue-recycling element at October's Spending Review has undermined the original purpose of the scheme of encouraging organisations to cut...
British gas prices dropped slightly on Tuesday morning as the system was long due to healthy liquefied natural gas (LNG) imports and moderate demand, traders said. Winter 2011/2012 gas forward prices were at 74.20 pence per therm at 0830 GMT, down around half a pence a day earlier. http://af.reuters.com/article/energyOilNews/idAFLDE72S0QW20110329
Sun farms, converting sunlight to electricity on a large scale, were being planned for this region until the government declared its intention to rewrite the tariff for green electricity last weekend – and could still be viable, according to one specialist. The Feed-in Tariff (FiT) for electricity from renewables was published only a year ago and both the National Farmers Union and the Country Land & Business Association say changing the rules now is unfair and short-sighted. But the Department of Energy and...
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