Tuesday, 12 May 2009

The End of Cheap Oil

Excellent and comprehensive study and report demonstrating why the days of cheap oil are over. This will have huge knock on effects on industry and commerce.
http://peakoil.solarcentury.com/wp-content/uploads/2008/10/oil-report-final.pdf
View Report

Drax chief says “safety net” needed in case CCS does not work

Drax chief executive Dorothy Thompson said the UK required “a safety net if CCS turns out not to be a panacea, and we need one that works now.” Writing in the Guardian on Tuesday 12 May she said: “If we, as a nation, are serious about abating carbon from coal and ensuring security of supply, then we need to do two things.” These were to cut emissions through strategies such as co-firing and raise generating capacity “in this decade, as well as in decades to come.”
The Guardian

Will CCS be proven by 2025?

Energy companies are to lobby the Government for a get-out clause from the deadline to fully fit CCS to new coal plants by 2025 because they are worried it might not work in time. The Guardian said on Tuesday 12 May that they would ask DECC to draw up provisions that would allow them to keep the plants open until 2030, or for an additional number of operating hours.
The Guardian

Friday, 1 May 2009

Two thirds of firms unaware of upcoming carbon regulation

Two thirds of Britain's bosses are unaware that the Carbon Reduction Commitment (CRC) will soon compel them to account for their companies' carbon emissions, according to a survey released today by the charity Business in the Community.

The survey of 266 UK business leaders also found that 40 per cent of bosses at larger firms felt they still needed help and advice on complying with the new rules, which come into full effect from next year.
Business Green