CEOs of major businesses including EDF Energy, Lloyds, Kingfisher, Unilever, Shell and Tesco have written an open letter to UK Chancellor George Osborne urging him to stay “firmly on the path” to a low-carbon economy.
UK Energy Secretary Ed Davey yesterday launched a £20 million competition for innovative carbon capture and storage technologies.
Energy company E.ON yesterday announced that it is to close its controversial Kingsnorth power station next March.
New UK Energy Secretary Ed Davey has reemphasised his commitment to energy efficiency and other clean technologies in comments in recent days.
Scotland can achieve its ambitious target to decarbonise its electricity supply by 2020, according to a new report from the Scottish Government.
US Senator Jeff Bingaman last week proposed legislation to establish a Clean Energy Standard, which would bring certainty to investors, diversify US power generation and reduce carbon emissions.
The UK’s 20 GW of ageing generating capacity that is due to close by the end of 2016 will be replaced by 30 GW of new capacity coming online, two-thirds of which will be renewables, according to analysts Bloomberg New Energy Finance.
Earlier this week, UK Energy Minister Charles Hendry pledged the government’s ongoing commitment to carbon capture and storage in a speech to a conference in London.
US President Barack Obama has promised a raft of business tax reforms that include making tax credits for renewable energy generation permanent.