Budget | Energy-Saving News

Carbon Trust Cuts To Fund Green Investment Bank?

Posted on 29. Jun, 2010 by Ross.

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According to the Sunday Times, the Carbon Trust is now facing the axe as part of efforts to fund the new green investment bank that successive governments have touted. Whilst green start-ups will be initially excited at the prospect of less red tape and quangos, businesses around the UK look set to lose a vital [...]

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What’s Green In The UK Coalition’s Emergency Budget?

Posted on 22. Jun, 2010 by Ross.

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Today’s emergency budget from the UK’s Conservative-Liberal coalition government has been pre-empted in the press as many things. The austerity budget. The bloodbath budget. The brutal budget. A game-changing budget.
But with the coalition parties having most in common with each other on environmental matters, one question begs to be asked: was today’s budget a green [...]

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UK’s Carbon Budget 2010 Is Gone With The Wind

Posted on 24. Mar, 2010 by Ross.

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A new green investment bank and a new port to service offshore wind farms are some of the only measures announced as part of UK Chancellor of the Exchequer Alistair Darling’s second Carbon Budget, which includes a weaker public sector commitment to emissions cuts than is expected of the private sector.
Last year saw the creation [...]

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New £2bn Green Investment Bank Revealed By UK Carbon Budget

Posted on 24. Mar, 2010 by Ross.

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Alistair Darling’s 2010 Carbon Budget has announced the creation of a new green UK investment bank to help finance investment in the new low-carbon economy, but will the £2bn pot be big enough to fund the necessary projects?
With growing need to invest in low-carbon energy generation in the face of imminent decommissioning of existing power [...]

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UK Carbon Budget 2010: Winners and Losers

Posted on 24. Mar, 2010 by Ross.

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You win some and you lose some, especially in a recession, but is your company one of 2010’s Carbon Budget winners or losers?
The Winners
The biggest winner was offshore wind power. Seen as the ultimate anti-nimby renewable energy source due to being located out to sea (getting around local planning obstacles and community protests), wind farms [...]

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What The UK Carbon Budget 2010 Means For Small & Medium Businesses

Posted on 24. Mar, 2010 by Ross.

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Did Alistair Darling leave anything sweet for your business in 2010’s Carbon Budget? Probably not.
There was plenty for small and medium businesses to digest in this year’s traditional budget, especially regarding the new National Investment Corporation, doubling the annual investment allowance and the Enterprise Finance Guarantee Scheme, but there were little in the Carbon Budget [...]

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Little Christmas Cheer For Green Business In UK’s Pre-Budget Report; Broken 10:10 Promises

Posted on 09. Dec, 2009 by Ross.

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Back in April 2009, the UK broke new ground in releasing a Carbon Budget to work in tandem with the conventional economic budget. Stocked full of investments for energy efficiency and renewable energy for both households and businesses alike, the move garnered wide praise and managed to generate greater levels of publicity for measures largely [...]

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UK Government On Energy Efficiency Defensive

Posted on 01. May, 2009 by Ross.

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The UK Government has sprung into action today to counter growing disillusionment with their plans to counter climate change as laid out in last week’s first Carbon Budget, as highlighted by npower’s latest survey of business opinions on energy efficiency. More criticism surfaced today from charity Business in the Community, whose latest survey revealed that [...]

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The UK’s Carbon Budget - What It Means For Small And Medium Businesses

Posted on 22. Apr, 2009 by Ross.

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Most companies pay attention to the UK’s Budget to see how the government’s new plans for taxation and spending will effect their business. This year, however, the Budget included the world’s first national carbon budget, adding another variable which businesses will have to factor into their outlooks.
The Budget’s environmental section is buried deep into the report, [...]

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World’s First Government Carbon Budget Announced By UK Chancellor

Posted on 22. Apr, 2009 by Ross.

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Today the UK’s Chancellor of the Exchequer, Alistair Darling MP, made history by releasing the details of a legally-binding greenhouse gas budget to work in tandem with the country’s conventional financial budget. The Budget statement contained budgets for carbon dioxide emissions alongside projections for taxation and spending.
The carbon budgets are expected to run across five-year [...]

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UK Budget Brings Green Rewards To Renewables, Power Companies, Energy Efficiency And Cars

Posted on 22. Apr, 2009 by Ross.

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Small-scale renewable energy systems, power companies, energy efficiency products and car firms were the main ‘green’ winners in the UK’s latest Budget in an effort to bolster spending on green initiatives during the economic downturn. Before today, the UK was languishing near the bottom of the world league table for the percentage of economic stimulus [...]