Budget: Osborne ignites new dash for gas
Gas will be the largest source of UK electricity in the coming years, the chancellor announced, fuelling a second dash for gas by giving oil and gas producers £3 billion to help extract new reserves in UK waters.The extra money follows the disclosure by energy and climate change secretary Ed Davey that gas-fired power stations, with a 450g/kWh-base level will not be subject to the planned emissions performanc
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The UK government has pledged £10m in funding for a new research hub that will look to boost innovative in transport and create low-carbon jobs over the next 25 years.
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One of the world’s leading climate physicists has again called for new regulation forcing the fossil fuel industry to carry out large-scale carbon capture and storage (CCS).
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