Rapid responses October 7, 2012 Dirty subsidies [Re: We just need the political will to reduce destructive energy prices, Friday] Matthew Sinclair’s long rant against climate change policies showed a remarkable ignorance of the economics of energy. As the energy regulator Ofgem has pointed out, the primary driver of electricity price rises over the past eight years has not been [...]
Is the government’s new Energy Bill a good deal for British businesses and consumers? November 25, 2012 YES Tim Yeo If we do not find £100bn of investment by 2020, Britain will face an energy crisis. We need to replace polluting coal power plants and construct new nuclear reactors. The government’s Energy Bill will give generators a guaranteed price for clean, low-carbon electricity. This will cut the risk of investing in projects [...]
BP banned from work in America November 28, 2012 BP has been temporarily blocked from new government work in the United States for a “lack of business integrity” during the Gulf of Mexico oil spill, regulators said yesterday. The surprise ban comes just two weeks after BP admitted to 12 felony charges and paid $4.5bn (£2.8bn) in penalties related to the 2010 disaster, in [...]
UK petrol demand stalls in 2012 October 3, 2012 UK petrol sales continued to slump in the first half of this year, according to data released yesterday, despite falls in prices at the pump. Motorists purchased 376,000 litres less petrol between January and June, compared to the same period last year, the AA said, looking at data published by the Department of Energy and [...]
AFC Energy gets lift as Roman Abramovich invests almost £9m October 11, 2012 AN industrial fuel cell firm that counts a Tory MP as its chairman received a boost to its coffers – and its shares – yesterday, after an fund led by Russian billionaire Roman Abramovich invested almost £9m. Aim-listed AFC Energy said yesterday that Ervington Investments was pouring £8.7m into the firm, a move it said would [...]
Cameron vows no U-turn on energy prices October 18, 2012 DAVID Cameron yesterday indicated that he would stick to his pledge and legislate to bring down energy bills, despite a day of chaos that followed the apparently unplanned policy announcement. On Wednesday the Prime Minister told the House of Commons that his government “will be legislating so that energy companies have to give the lowest tariff [...]
Cameron vows no U-turn on energy prices October 18, 2012 DAVID Cameron yesterday indicated that he would stick to his pledge and legislate to bring down energy bills, despite a day of chaos that followed the apparently unplanned policy announcement. On Wednesday the Prime Minister told the House of Commons that his government “will be legislating so that energy companies have to give the lowest tariff [...]
Nuclear group Urenco attracts potential buyer October 14, 2012 FRENCH nuclear company Areva is thought to be examining a bid for British atomic fuel producer Urenco. Areva, which failed to make a bid for the Horizon nuclear new-build project by last month’s deadline, is now weighing up Urenco, according to the Sunday Times. The firm, which denied in January that it was interested in [...]
Nuclear group Urenco attracts potential buyer October 14, 2012 FRENCH nuclear company Areva is thought to be examining a bid for British atomic fuel producer Urenco. Areva, which failed to make a bid for the Horizon nuclear new-build project by last month’s deadline, is now weighing up Urenco, according to the Sunday Times. The firm, which denied in January that it was interested in [...]
Elephant trekking, luxury and great Thai food September 29, 2013 This luxury beach resort was devastated by the 2005 tsunami. Now it’s back and better than ever THE PERFECT way to end an unforgettable afternoon spent trekking through the jungle trails of Khao Sok National Park in Phuket, Thailand is to give a leathery, old elephant a sunset bath. With Bauthong (lotus flower) repeatedly submerging [...]