UK Regulator Says Free Market Has Failed And The Lights Will Go Out
Posted on 05. Feb, 2010 by Ross.
UK energy market regulator Ofgem, once the strongest proponent of applying free market economics to energy companies, has waved a white flag and acknowledged that the system is failing the country, and that UK energy prices will go up by 20%.
In an amazing about-turn, Ofgem is now recommending a new part-nationalisation of the energy markets [...]
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Government Funding Ignores UK’s First Low Carbon Economic Area; Orecon Sinks
Posted on 04. Feb, 2010 by Ross.
The government has turned a blind eye to a key pledge in the world’s first Carbon Budget by allowing funds for wave power companies to be allocated almost entirely outside of the geographic area designated to see the benefits of the technology. As a result, Cornish wave power company Orecon has been forced to close, [...]
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Stargazers hopeful that the drive for cost-cutting and energy saving at council level would result in the removal of street lighting, or its upgrading to more energy efficient and directional lighting technologies, were dealt a blow today as the final draft of the UK Government’s flagship cap-and-trade scheme landed in Parliament.
The CRC Energy Efficiency Scheme, [...]
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Hailed as the greenest form of biofuels, algae-based biofuels have come under fire for being less environmentally friendly than other forms of biofuel by using more energy, water and greenhouse gas emissions to produce. However, coal power stations and sewage treatment plants could easily turn the tables to make algae biofuels the greenest solution available.
A [...]
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The UK is only on track to meet its self-imposed carbon reduction targets because of the current recession, leading the Confederation of British Industry (CBI) to issue a stark and misguided choice in the aftermath of the failed Copenhagen conference: maintain competitive advantages or chase carbon targets.
The UK economy has suffered its longest recession on [...]
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Malaysia is bracing itself for substantial energy prices rises, with many companies and industries making a deliberate push towards energy saving solutions in order to counter the possibility of rising cost overheads.
Presently, Malaysia’s tariff rates are the third lowest in the region after Vietnam and Indonesia, but a tariff review will be imminent if international [...]
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Green your business by using less energy. Be a more environmentally-friendly company by greening your supply chain. Become a shining green beacon of economic enlightenment by making more from less recycling what you have left over and encouraging your consumers to recycle your product once its finish being useful to them too. Your business must [...]
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In the aftermath of the global economic collapse, the industrialised world looked back at the lessons of the 1930s and realised that the fastest way out of recession was to avoid protectionist trade wars and to keep international markets as open as possible, in order to try to keep trade flowing as freely as possible [...]
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When it comes to helping businesses save money and carbon through energy efficiency, the Carbon Trust has seen the light at the end of the tunnel.
Through interest-free loans via the Carbon Trust’s Big Business Refit to businesses looking to save energy, as well as helping the UK’s biggest companies slash energy operating costs, the Carbon [...]
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How Energy Saving Costs Businesses & Governments Nothing: Save The World For Free!
Posted on 24. Dec, 2009 by Ross.
Energy saving is the most important weapon in the fight against climate change.
Why?
Because it pays for itself! There is no excuse for businesses to not invest in energy saving projects such as energy efficient lighting, because energy saving has short return on investment periods and massive long-term, sustainable cost-cutting power.
There is no excuse for governments [...]
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Tale Of Two Droughts: Venezuela and India Hit By El Nino Energy Shortages
Posted on 23. Dec, 2009 by Ross.
One nation left Copenhagen happy with the weak international climate change deal; the other left screaming at the developed world and capitalism. Both have experienced severe energy shortages as a result of climate-induced droughts which have decimated the two countries’ hydroelectric power stations.
The difference between India and Venezuela, however, is that India has averted the [...]
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