Exclusive: Government to develop Oil Shock Response Plan

James S Murray
clock

Chris Huhne agrees to work with UK Industry Taskforce on Peak Oil and Energy Security to assess risk of soaring oil prices

Energy and Climate Change Secretary Chris Huhne yesterday agreed to develop an 'Oil Shock Response Plan', following a meeting with the UK Industry Taskforce on Peak Oil and Energy Security (ITPOES)...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

Reports: Watchdog urges banks and insurers to plug 'gaps' in tackling climate risks

Reports: Watchdog urges banks and insurers to plug 'gaps' in tackling climate risks

Bank of England to instruct banks and insurers to carry out internal reviews on climate-related risks

Stuart Stone
clock 01 May 2025 • 3 min read
CCC's Climate Adaptation Progress Report: Five key takeaways

CCC's Climate Adaptation Progress Report: Five key takeaways

The CCC has revealed the litany of government and corporate failures that are leaving the UK badly exposed to worsening climate impacts - but will anyone respond to the wake-up call?

Michael Holder
clock 01 May 2025 • 13 min read
Study: More than $1tr of corporate value at risk from socio-economic climate upheaval

Study: More than $1tr of corporate value at risk from socio-economic climate upheaval

Second-order climate risks such as economic and political instability, worsening poverty, migration, and food insecurity could have huge impacts by 2050, Verisk Maplecroft warns

Stuart Stone
clock 01 May 2025 • 5 min read