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Energy crisis

Government taps oil and gas profits to help pay for fresh £15bn energy bills support package

Politics

Government taps oil and gas profits to help pay for fresh £15bn energy bills support package

U-turn will see oil and gas firms to help pay additional 25 per cent windfall tax on profits to help pay for fresh measures to support households with soaring energy bills

clock 26 May 2022 • 8 min read
Reports: Oil and gas firms under pressure to boost UK investment or face windfall tax

Energy

Reports: Oil and gas firms under pressure to boost UK investment or face windfall tax

Reports indicate Chancellor Rishi Sunak has not entirely ruled out windfall tax, as pressure mounts on government to offer more help for households struggling with soaring energy bills

clock 11 May 2022 • 3 min read
Now is no time for leaders to turn inward

Politics

Now is no time for leaders to turn inward

The current crisis is likely to see a rapid shift in much needed energy investments in rich countries, but sadly there is little evidence those countries will look outwards with their capital, writes Ed King of the European Climate Foundation

clock 22 March 2022 • 5 min read
Boris Johnson eyeing major expansion of nuclear power to shore-up energy security

Nuclear

Boris Johnson eyeing major expansion of nuclear power to shore-up energy security

Briefings by senior ministers ahead of Energy Security Strategy suggest plan will include new target for nuclear, cheap heat pumps loans, and planning reforms to fast track onshore wind development

clock 22 March 2022 • 6 min read
'You can have any realistic policy, as long as it's green': Michael Gove hits back at net zero critics

Politics

'You can have any realistic policy, as long as it's green': Michael Gove hits back at net zero critics

The Secretary of State for Levelling Up, Housing and Communities once described himself as a ‘shy green’, but he’s far from shy about it now

clock 17 March 2022 • 10 min read
How to price gas out of the market

Politics

How to price gas out of the market

High gas and electricity prices are here for the long term unless the government takes action, argues Alan Whitehead MP, Labour's Shadow Minister for Climate Change and Net Zero

clock 14 February 2022 • 4 min read
Rishi Sunak blames fossil fuels for energy bill crisis, as Treasury unveils £9.1bn support package

Politics

Rishi Sunak blames fossil fuels for energy bill crisis, as Treasury unveils £9.1bn support package

Chancellor unveils measures to address costs of gas supply crisis as businesses demand more ambition and funding for energy efficiency and renewables

clock 03 February 2022 • 7 min read
Editor's Briefing: The energy crisis, green hydrogen, and the UK's COP26 presidency

BusinessGreen

Editor's Briefing: The energy crisis, green hydrogen, and the UK's COP26 presidency

VIDEO: The BusinessGreen editorial team discuss the gas supply crisis, the geopolitics of hydrogen and Alok Sharma's role in climate policy after COP26

clock 03 February 2022 • 1 min read
Reports: Treasury set to launch energy bill rebate scheme, as government touts Levelling Up 'Missions'

Policy

Reports: Treasury set to launch energy bill rebate scheme, as government touts Levelling Up 'Missions'

Windfall taxes and green levy reforms appear increasingly unlikely, as Treasury prepares package of loans for energy suppliers and targeted support for fuel poor households

clock 02 February 2022 • 8 min read
Only a gas-free, energy efficient future can insulate UK from future crises

Energy

Only a gas-free, energy efficient future can insulate UK from future crises

UK still urgently needs warmer, gas-free, energy-secure homes that green investment brings, even if climate change didn’t exist, argues IPPR's Josh Emden

clock 27 January 2022 • 5 min read
12
Most read
01

HSBC AM head of responsible investing: 'Who cares if Miami is six metres under water in 100 years?'

20 May 2022 • 3 min read
02

Not so moral money?

20 May 2022 • 11 min read
03

Reports: HSBC suspends responsible investing head after controversial climate speech

23 May 2022 • 2 min read
04

HSBC AM's 'head of irresponsible investment' condemned over climate speech

20 May 2022 • 3 min read
05

'Inaction is a far costlier choice': How 3C of climate warming could cost global economy $178tr

24 May 2022 • 6 min read
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