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Failure to deliver net zero plans

Failure to deliver net zero plans Current government programmes to decarbonise industries and support the UK hit its net zero aim by 2050 will be deemed as unsuccessfully executed. The worrisome discoveries come from the analysis report uploaded today by the Climate Change Committee (CCC) which shows that there are massive losses in delivery schemes…
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The CMA Pump Price Enquiry must not be a whitewash

The CMA Pump Price Enquiry must not be a whitewash: The Profit Motivated Motoring Associations must Stop Blaming ALL Retailers for the High Prices at the Pumps A firm message to the Govt: Kwasi Kwarteng’s ask of the CMA to investigate fair pricing at the pumps must be the most detailed examination of the fuel…
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Huge renovation of UK electricity market

Huge renovation of UK electricity market Boris Johnson has signalled the largest renovation of the UK’s electricity market since its privatisation 30 years ago. Speaking on BBC Radio 4’s Today programme, the Prime Minister stated: “At the moment, one of the problems is that people are being charged for their electricity prices on the basis…
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Rishi Sunak spent the morning with the UK’s oil and gas industry.

Rishi Sunak spent the morning with the UK’s oil and gas industry. The Chancellor has associated with oil and gas companies among concerns against the newly declared windfall tax would ‘hurt’ future investments. Rishi Sunak spent the morning at the Net Zero Technology Centre in Aberdeen, hosting a roundtable with about 20 business leaders from…
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Plug-in car grant ends

Plug-in car grant ends: The government reported the plug-in car grant scheme for electric vehicles (EVs) closed last week, after previously verifying funding until 2022-23. Why is this? The government reported it would allow it to concentrate funding for what it called the main barriers to the EV transition, along with public charging and supporting…
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Cornwall Insight on January Default Tariff Cap forecast

Cornwall Insight on January Default Tariff Cap forecast: Data reported on Monday evening (20/06) from Cornwall Insight forecast that the Default Tariff Cap for Q1 2023 (Jan-Mar) will rise to £3,003 per year for a typical user, with the last quarter of 2022 Q4 (Oct-Dec) predicted to be £2,980. The rise means an average household…
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North Sea projects scrapped?

North Sea projects scrapped? The fufillment of a windfall tax on oil and gas firms’ profits has reportedly made some reexamine their new fossil fuel projects in the North Sea. The Telegraph has announced that the Norwegian energy company Equinor is reviewing its plan to drill for oil and gas in the North Sea, in…
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Rollout of heat network zones in the UK

Rollout of heat network zones in the UK The government will proceed with its plans to develop heat network zones. A heat network zone is described as a chosen area within which heat networks are the lowest expenditure, low carbon solution for the heat decarbonisation of an area. The government’s disclosure will persue a consultation…
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£1bn for colossal insulation scheme

£1bn for colossal insulation scheme Boris Johnson has reportedly advised ministers to find current government schemes that may “lose” £1 billion in total funding in favour of insulation of low income households. The government is exploring the option of diverting this cash from the £1 billion Public Sector Decarbonisation scheme which provides grants for public…
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Last agreement on £130M help for subsea cable manufacturing

Last agreement on £130M help for subsea cable manufacturing Financial support agreement reached on JDR cable systems for its £130 million subsea cable manufacturing facility in Cambois, Northumberland. The agreement means that the company will commence construction of the planned project in the near future, with a preperation for opening in 2024. The facility is…
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