Category: Energy industry

War in Middle East ‘could wipe out growth in UK living standards’

Rising oil and gas prices may affect increase of £300 a year for typical working-age households, says leading thinktankBusiness live – latest updatesThe Middle East crisis could trigger an energy price shock that...

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Tony Blair’s thinktank accuses Ed Miliband of driving up energy prices

Report by Tony Blair Institute urges government to drop some green policies amid criticism of decarbonisation goalTony Blair’s thinktank has accused Ed Miliband of driving up energy prices in his push to make...

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We can move beyond the capitalist model and save the climate – here are the first three steps | Jason Hickel and Yanis Varoufakis

Capitalism cares about our species’ prospects as much as a wolf cares about a lamb’s. But democratise our economy and a better world is within our graspWe have an urgent responsibility. Our existing economic system...

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‘Plainly wrong’: London flat dwellers fight shock £200,000 heating bill

Almost 1m UK households are hooked up to heat networks. None had protection from poor service or price hikes … until last month‘If I could move, I would – to a place without a heat network. But I can’t...

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Why Russia’s economy is unlikely to collapse even if oil prices fall

Hopes that tougher sanctions and lower oil prices could derail Putin’s war effort underestimate how far the Kremlin has rewired its economyPacing inside the Kremlin last weekend, as news feeds churned out minute-by-minute...

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‘Zombie’ electricity projects in Britain face axe to ease quicker grid connections

Backlog delaying ‘shovel-ready’ ventures will be cleared with aim of building virtually zero-carbon power system by 2030Britain’s energy system operator is pulling the plug on hundreds of electricity generation...

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Cuts to insulation scheme will leave homes cold over winter, experts say

E3G thinktank warns retrofit sector could shed 10,000 skilled jobs as small firms struggle to surviveCuts to a scheme for insulation and heatpumps for low-income households will leave homes damp, draughty and unsafe over winter,...

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