8th May 2017 | Residential Energy
Centrica, owner of British Gas, has warned that the proposed Tory energy price cap could push up prices. It says that evidence from other countries suggest price caps cut competition and choice, and can lead to higher average prices. British Gas has haemorrhaged customers at a rate which would see it lose a million by…Read more
5th May 2017 | Recycling
At a rubbish tip about 80 miles west of London, Adrian Griffiths is testing an invention he’s confident will save the world’s oceans from choking in plastic waste. His machine, about the size of a tennis court, churns all sorts of petroleum products (cling wrap, polyester clothing, carpets, electronics) back into oil. It takes less…Read more
5th May 2017 | Recycling
Last week was the first time that most of us will have ever heard of Henderson Island. Part of the UK’s Pitcairn Islands group, the uninhabited World Heritage site lies 5,000km from the nearest human life in the middle of the South Pacific. Despite its modest size – at just 5km wide – it boasts…Read more
4th May 2017 | Commercial Energy
Industry body Oil and Gas UK has written to Prime Minister Theresa May, urging her to minimise any “Brexit burden”. This is after new research revealed that the cost of oil trading following the UK’s exit from Europe could double to £1.1 billion. Oil and Gas UK said around £73bn of oil and gas-related trade…Read more
3rd May 2017 | Commercial Energy
Brexit would land the oil and gas industry with a half-billion pound bill if EU exit talk end with the UK leavings on World Trade Organisation rules, Theresa May has been warned. The costs for trading £73bn of oil and gas annually would jump from £600m a year now, to £1.1bn in a worst cast…Read more