Posts tagged “United Kingdom”
In a move that is increasing uncertainty among investors, even as it provokes anger among climate change activists, Britain is set to unveil the minimum prices that utilities will charge for electricity generated from both nuclear and renewable sources, beginning in mid-2013.
The highly anticipated Electricity Market Reform bill will be introduced into British parliament next week, stipulating the nation’s plans for improved infrastructure in its energy industry, while luring those who would like to be included in the $525 billion of investment that the sector is expected to require through 2030. (Read More: World Energy Consumption Facts, Figures, and Shockers)
In case you missed the story yesterday in the Economist: How long till the lights go out? North Sea gas has served Britain well, but supply peaked in 1999. Since then the flow has fallen by half; by 2015 it will have dropped by two-thirds. By 2015 four of Britain’s ten nuclear stations will have shut and no new ones could be ready for years after that. As for coal, it is fiendishly dirty: Britain will be breaking just about every green promise it has ever made if it is using anything like as much as it does today. Renewable energy sources will help, but even if the wind and waves can be harnessed (and Britain has plenty of both),… Continue»
Witnesses described a scene where more than 20 police vans quickly descended on the meeting point and carried out mass arrests.
The British are quite used to having their movements tracked by Big Brother. But spying –literally– on their energy habits is taking things to new heights.
I was pointed to an interesting discussion today about the possible impact the biofuels mandates are having in the UK: Already paying the hidden cost of biofuels? The complaint, originating in Wales, reads: I know we are. This weekend I made inquires about ordering this year’s fertiliser for our holding. The answer was, quite frankly, shocking. Our local supplier usually has a stock of 4,000 tonnes for local growers (we just want one tonne of that…). This year, howewver, their total allocation is being pegged at 640 tonnes. The rest, it seems, has been shipped to the USA for the biofuel industry. The silos and bunkers are empty. And, to add insult to injury, the meagre amount that the supplier… Continue»
I saw an interesting little story today from The Glasgow Herald. I can’t find an online version, so here it is: Renewable Energy Tempts Workers By Mark Williamson More than half of the skilled staff working in the oil and gas industry may be interested in switching to work for renewable energy, according to a survey which could heighten concerns about skills shortages for North Sea firms, writes Mark Williamson. In an online survey, Eden Scott found that 52% of respondents who were employed by oil and gas firms said that they had considered or were considering a move into the renewable energy sector. The recruitment firm said almost one in five, 19%, of those respondents who were already working… Continue»
In the U.S., high gas prices tend to focus anger toward oil companies. In fact, as a reader recently pointed out, Shell’s CEO has even gotten death threats over the issue: Oil CEO Receives Death Threats But a letter I just read in a UK newspaper, Coventry Telegraph, shows that the ire here tends to be pointed at the tax man: I WAS amazed to see the prices displayed at petrol stations – unleaded from 99.9p up to pounds 1.02 and diesel from pounds 1.01 up to pounds 1.09. I am a self-employed plumber and my single biggest running cost is my van, most of which is down to tax – pounds 200 per year is in road tax, then… Continue»
At least that’s the conclusion of the present government in the UK: Labour’s plan to abandon renewable energy targets Ministers are planning a U-turn on Britain’s pledges to combat climate change that “effectively abolishes” its targets to rapidly expand the use of renewable energy sources such as wind and solar power. Leaked documents seen by the Guardian show that Gordon Brown will be advised today that the target Tony Blair signed up to this year for 20% of all European energy to come from renewable sources by 2020 is expensive and faces “severe practical difficulties”. According to the papers, John Hutton, the secretary of state for business, will tell Mr. Brown that Britain should work with Poland and other governments… Continue»
A popular newspaper in Scotland, The Scotsman, has detailed what it will take for Britain to be carbon neutral within 20 years. I have said before that despite Al Gore’s pleas, despite the awareness and scientific consensus on Global Warming, I do not see the world becoming carbon neutral as long as there are fossil fuels left to burn. Some highlights from the article drive that point home: Green Future Demands a Radical Shift in Lifestyles for British Meat-free menus, battery-operated cars and an end to affordable flights. These are among the radical visions outlined in a report which says Britain could be carbon neutral within 20 years – but only if major steps are taken to change our lifestyles…. Continue»
Regardless of your position on windfall profits taxes on oil companies, one thing has been demonstrated again and again. Governments consistently fail to accurately anticipate the consequences. As oil prices have increased, governments have seen tax revenues from oil and gas grow significantly. But they apparently believe they know how to deal with a goose that lays golden eggs: Take some food away from that corpulent goose, but expect it to keep laying golden eggs. The purpose for imposing windfall profits taxes is generally two-fold. First, a government can tell the citizens that despite their inability to control oil and gas prices, they are doing something by “punishing” the oil companies that benefit from these rising prices. Second, they genuinely… Continue»