News Archives

Green Double Whammy for George Osborne

November 20, 2012

George Osborne has made no secret of his environmental scepticism and claims that emissions targets and environmental measures could damage British industry. He’ll find it more difficult to maintain this position in the face of today’s call from the world’s largest investors for more decisive action by governments on climate change. The letter from global investor […]

Read complete article

Major investment in energy infrastructure

July 17, 2012

OFGEM has announced a £22 billion upgrade to the nation’s gas and electrcity networks, but National Grid says it’s not enough. There’s no doubt that if we increase our use of electricity, in particular by using electric cars, we’re going to need much more distribution capacity. Equally, as long as we remain committed to fossil […]

Read complete article

CRC – Allowances

May 1, 2012

The Environment Agency has published guidance on purchasing, surrendering and trading CRC carbon allowances. Allowances must be purchased, paid for and surrendered by 31st July. Why anyone would want to trade is not clear as there is no limit on the number of allowances that can be purchased, the price is guaranteed to be the […]

Read complete article

Greenhouse Gas (GHG) Reporting Delayed

April 3, 2012

In 2008 the government committed itself to requiring companies to report GHG emissions annually by April 2012, or account to Parliament for not doing so. Defra has just accounted to Parliament, explaining that ministers will make a decision “as soon as possible”. Is the government afraid that GHG reporting, like other environmental measures, will cost […]

Read complete article

CRC – Consultation on Simplification – Commentary

April 2, 2012

Introduction Opening the Consultation The Department for Energy and Climate Change (DECC) published its latest consultation on the Carbon Reduction Commitment Energy Efficiency Scheme on 27th March 2012. The proposal document is accompanied by an impact assessment and a report from KPMG on the costs incurred by participants in setting up and managing compliance with […]

Read complete article

CRC – Latest Consultation Published

March 27, 2012

DECC has today published its latest consultation on simplifying the CRC. Maybe that means it won’t be abolished despite George Osborne’s hints! We have until 18th June to respond and there will be information sessions in London and Manchester – dates to be announced. I’m off to read the documents now. I’ll let you know […]

Read complete article

CRC – not much in the Budget

March 23, 2012

There was so little in the budget about the Carbon Reduction Commitment that the Chancellor decided to repeat most of it in three different places. Here’s what he actually said: “…the Government will consult on simplifying the Carbon Reduction Commitment (CRC) energy
 efficiency scheme to reduce administrative burdens on business. Should very significant administrative savings […]

Read complete article

The New Nuclear Debate

March 13, 2012

Four former directors of Friends of the Earth, Jonathon Porritt, Tony Juniper, Charles Secrett and Tom Burke, have written to the Prime Minister urging him to halt Britain’s nuclear power programme. We’ve heard anti-nuclear protests from the environment lobby for years, but this letter and the accompanying document make a number of strong commercial points. […]

Read complete article