News
News
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Future of nuclear power in Japan still in confusion
Following the announcement earlier in the week that Japan is to phase out nuclear power, the cabinet has failed to endorse a 2040 deadline for the phasing out of the technology. The lack of agreement brings into the question the government’s commitment to a non-nuclear future, despite strong public opposition to the technology. Up until […]
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US businesses urge Congress to extend tax credits for renewables
A group of 19 companies, including major brands and Fortune 500 firms, has written to US Congress leaders urging them to extend tax credits for renewable energy. Currently, renewables generators benefit from Production Tax Credits (PTCs) of $0.022 per kWh of energy produced. But the legislation is set to expire at the end of the […]
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UK government defines new way to measure fuel poverty
The UK government is proposing to adopt a new way of measuring fuel poverty in England after an independent review earlier this year. The review led by John Hills of the London School of Economics, which was published in March this year, concluded that fuel poverty is a serious national problem and only likely to […]
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Shale gas no ‘silver bullet’ for UK but will bring benefits
Exploiting the UK’s shale gas reserves is no ‘silver bullet’ for the country’s future energy security but will bring economic benefits, said the Institution of Mechanical Engineers yesterday. In a policy statement, the engineering institute said a ramping up of the shale gas industry in the UK would create thousands of skilled engineering jobs over […]
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UK puts up £11.2 million to boost renewables supply chain
UK companies are being invited to bid for funds of up to £11.2 million to develop the supply chains serving the offshore wind and marine energy sectors. The funding, of which £10 million is coming from the Technology Strategy Board and the Department of Energy and Climate Change (DECC), is aimed at feasibility studies and […]
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Most global consumers want more renewables, says survey
A large majority – 85% – of global consumers want more renewable energy, according to a survey by TNS Gallup for Danish turbine manufacturer Vestas. The Global Consumer Wind Study 2012 (GCWS), which surveyed 24,000 consumers in 20 countries, also reports that 62% of respondents said they would pay more for products from brands using […]
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European biofuel targets are driving up food prices, warns Oxfam
European targets to replace conventional fuels with biofuels are contributing to the rise in food prices, putting millions under the risk of hunger, warns international aid agency Oxfam. In a report out yesterday, The Hunger Grains, Oxfam claims that the land required to supply European cars with biofuels for just one year could produce enough […]
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Bayer and Nestlé top carbon disclosure list
German pharmaceuticals company Bayer and Swiss consumer goods giant Nestlé have topped a list of companies providing information about greenhouse gas emissions data and climate change strategies. The Carbon Disclosure Project (CDP)’s annual report compiled by PriceWaterhouseCoopers (PwC) of greenhouse gas emissions data and climate change strategies at the world’s largest corporations reveals a 13.8% […]
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Corporate renewables purchasing shows small rise in 2011
The share of renewable energy purchased by companies has shown a modest increase from 14% in 2009 to 16% in 2011, according to the Corporate Renewable Energy Index (CREX). CREX, which covers more than 300 companies that voluntarily purchase renewable energy, is drawn up by Bloomberg New Energy Finance for Danish wind turbine manufacturer Vestas. […]
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BMW, Iberdrola and Siemens among those named as sustainability leaders
German carmaker BMW, consumer goods giant Unilever, Siemens and Spanish utility Iberdrola are among the companies named as leaders in the Dow Jones Sustainability Indexes (DJSI). The indexes, which are split into 19 categories from banking to travel, score companies companies on a broad range of sustainability issues from corporate governance to climate change mitigation, […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas