€110m Austrian agri-producer scheme approved

€110m Austrian agri-producer scheme approved: The European Commission has passed a €110 million (£92,7m) Austrian scheme to help essential agricultural producers impacted particularly hard by soaring energy prices considering Russia’s invasion of Ukraine. It has been approved for the scheme under the state aid Temporary Crisis Framework, understanding that the EU economy is going through…
Read More

Net-Zero plans may be paused

Net-Zero plans may be paused Nearly 1-in-6 Tory voters have the desire for Boris Johnson’s successor to put the net-zero push on hold, with more attention on the cost-of-living crisis. That’s according to a poll by YouGov, which has discovered that only 30 percent of Labour and Liberal Democrat activists think the same move should…
Read More

£273M fund for low carbon aerospace creation

£273M fund for low carbon aerospace creation The government will give £273M to pay for low carbon aerospace creation involving solar-powered aircraft and NHS treatment drones Business Secretary Kwasi Kwarteng will make the statement later on today, which the government predicts will create 8.8k new vacancies. Using electric drones to analyise hazards, move medical treatments…
Read More

Today marks Ofgem’s Centralised Switching Service launch

Today marks Ofgem’s Centralised Switching Service launch Today is the 1st day for Ofgem‘s Centralised Switching Service (CSS). The new scheme requires suppliers to ensure converting is accomplished within 5 working days. It is anticipated to save time and make the whole switching conversion process effortless for domestic and non-domestic customers, correlated to the present…
Read More

Energy Security Bill brought into Parliament today

Energy Security Bill brought into Parliament today: Announced as part of the Queen’s Speech to shift the UK to cleaner energy, the Energy Security Bill is going to be introduced by Business Secretary Kwasi Kwarteng into Parliament. The government has said that this Bill, containing 26 measures, will deliver £100 billion in private sector investment…
Read More

First UK Electricity Networks Commissioner appointed

First UK Electricity Networks Commissioner appointed A new commissioner to support the speed up the delivery of vital electricity network infrastructure to assure home-grown energy for Britain has been appointed. Nick Winser has been selected as the UK’s first Electricity Networks Commissioner, a new critical role that is part of the British Energy Security Strategy…
Read More

Mr Sharma visits Turkey following solar plant investment

Mr Sharma visits Turkey following solar plant investment: Alok Sharma the COP26 President is presently visiting Turkey to count on the Glasgow Climate Pact and inspect progress on a new solar farm that the UK heavily invested in. Alok Sharma is gathering with Turkish Ministers for Environment, Climate Change and Energy throughout the trip. He…
Read More

Anti-dumping levy on Ukranian steel products may be lifted

Anti-dumping levy on Ukranian steel products may be lifted After Russia’s invasion of the country, the UK is seeing if they can remove anti-dumping duties on some steel products from Ukraine. The move is part of a analysis of tariffs on hot rolled flat and coiled (HRFC) steel from Russia, Ukraine, Brazil and Iran including…
Read More

EU passed ‘Green Deal’ to revive nature by 2050

EU passed ‘Green Deal’ to revive nature by 2050: To have nature restored by 2050, the European Commission launched a new ‘Green Deal’ as a top priority. It has a target set to cut in half the use and risk of chemical pesticides by 2030, which will recover the health of agricultural land, seas, forests…
Read More

Pension schemes required to reveal climate portfolios.

Pension schemes required to reveal climate portfolios. The Department of Work and Pensions presumes this paves the way for greener pensions among an economic progression to net zero. “We are making sure our pensions can be a superpower delivering prosperity for people – and the planet – by making changes to the rules about how…
Read More