Climate policies adding 21% to energy costs
UK businesses are paying up to 21% more for energy as a result of government policies to cut carbon emissions and costs will increase further by 2030, confirms DeccThe energy department has revised its estimates of how much policies, such as the carbon price floor and electricity market reform, are increasing energy costs in the UK. In November 2011, Decc calc
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The UK's National Drought Group (NDG) has this week agreed measures to manage the current drought and minimise risks for next year, with businesses now facing a “new normal” for water.
Investors managing $9.8trn (£8trn) in assets have joined a new campaign urging 72 of the world’s biggest corporate water users and polluters to value and act on water as a financial risk.
The Environment Agency has successfully prosecuted Southern Water for thousands of illegal raw sewage discharges that polluted rivers and coastal waters in Kent, resulting in a record £90m fine.
In Elliott-Smith v Secretary of State for Business, Energy and Industrial Strategy, the claimant applied for judicial review of the legality of the defendants’ joint decision to create the UK Emissions Trading Scheme (UK ETS) as a substitute for UK participation in the EU Emissions Trading Scheme (EU ETS).