Business and Technology, Environment, UK

The UK is facing an energy crisis

North Sea oil supplies are running out. Peak oil extraction has been surpassed. The government’s policy of heavily subsidising renewable energy has cost the taxpayer billions and pushed household electricity bills up by £17 a year on average. The pressure to meet targets for carbon emission reductions has left the government forcing the closure of all coal power stations by 2025. Without a plausible reaction … Continue reading The UK is facing an energy crisis

Edward SandySeptember 26, 2017March 27, 2023Leave a comment

Environment, UK

Theresa May’s problematic pledge to cap energy prices

The case for a cap on energy prices has arisen after the ‘big six’ energy companies raised prices by up to 15% earlier this year, even alongside low and falling wholesale prices. Although these have been justified by the energy companies as the result of being forced into generating renewable energy, it has not been perceived in that light by the general public, making the pledge … Continue reading Theresa May’s problematic pledge to cap energy prices

Ed PenneySeptember 11, 2017March 27, 2023Leave a comment