Business Green

OCTOBER 25, 2022

Nesta found that in the current operating environment, owning a heat pump could be £120 to £160 cheaper annually to run than a gas boiler, provided both the installation and heat pump itself are of high quality and the homeowner avails themselves of the £5,000 subsidy offered through the government's Boiler Upgrade Scheme.

Government 68

Government Fossil fuels Electricity Climate change 68

Business Green

AUGUST 16, 2021

While meeting peak grid power demand in 2050 with CCS and hydrogen requires roughly £40bn in capital expenditure, it estimates that this would be significantly less than the estimated £170bn price tag from scaling alternative technologies to ensure firm and flexible power such as nuclear, pumped storage or lithium-ion batteries.

Fossil fuels 91

Fossil fuels Hydrogen Demand Carbon 91

GreenTechMedia

OCTOBER 18, 2019

The FERC decision on price formation will set a precedent for how state energy regulation and subsidies impact pricing for ISO/RTO markets with a capacity market — and more broadly on the responsibility and price tag on resource adequacy procurement. Resiliency.

Energy Monitor 100

Energy Monitor Business Energy Monitoring Resilience Demand 100

Business Green

MAY 26, 2022

Research by Inside Housing has put a price tag of £104bn on decarbonising all the UK's homes, with an upper estimate of £250bn - equivalent to just under a quarter of the government's total projected spending for 2022-23. For comparison, UK average disposable household income in 2021 was £31,400.

Climate change 92

Climate change Government Fossil fuels Construction 92

Business Green

AUGUST 25, 2021

The 2010s have been dubbed the 'solar coaster' by solar industry insiders, in reference to the stop-start manner in which government subsidies were introduced and then abruptly reduced or withdrawn. There is lots to celebrate for the UK's solar sector as the early 2020s proceed. But at the same time, the industry still faces major challenges.

Energy 69

Energy Energy Government Carbon-neutral 69

DeSmogBlog

SEPTEMBER 15, 2023

The report concluded carbon capture is expensive, dependent on continued and considerable government subsidies, and provides negligible benefits. billion (CAD) price tag by 2030 to fund the project. Pathways estimates a $16.5 The Cold Lake project’s total cost may actually be as high as $75 billion (CAD).

Carbon 112

Carbon Carbon-negative Hydrogen Natural gas 112

Business Green

SEPTEMBER 26, 2022

Labour's Party Conference kicked off yesterday, with the new tag line 'A Fairer, Greener Future' on prominent display, and the opening policy announcement coming in the form of a commitment to deliver a net zero emissions power system by 2030, a full five years earlier than the government's current 2035 target date. In 2022 - surely not.

Government 69

Government Policy Climate change Fossil fuels 69

Business Green

MAY 24, 2021

But today, Ember has published a study that calculates the BECCS project could require £31.7bn in government subsidy over its lifetime - more than the controversial Hinkley Point C nuclear power station. As a result, Drax is entirely reliant on public subsidy to operate."

Carbon-negative 61

Carbon-negative Government Carbon Technology 61

Business Green

SEPTEMBER 6, 2022

There are conflicting reports as to the potential price tag attached to such a policy, with various commentators putting the cost at between £90bn and potentially as high as £200bn, depending on various factors such as the on-going price of gas and how long the cap remains in place.

Energy 67

Energy Energy Packaging Government 67

Business Green

DECEMBER 6, 2021

Sharing the findings on Twitter , BNEF's head of sustainable materials Julia Attwood described the estimated $278bn price tag for decarbonising a sector responsible for some seven per cent of global emissions was a "bargain".

Hydrogen 82

Hydrogen Recycling Recycling Fossil fuels 82

Business Green

SEPTEMBER 6, 2022

And there were conflicting reports over the price tag attached to the new support package. It comes after challenging summer of drought and sewage leaks that have heavily impacted nature and farmers, as Defra gears up to deliver a host of fresh legally-binding environmental targets as well as new post-Brexit agricultural subsidy schemes.

Energy 69

Energy Energy Packaging Government 69

Envirotec Magazine

DECEMBER 9, 2022

The counter-productive taxpayer-funded subsidies for this destructive and climate threatening industry must end!”. Bioenergy doesn’t just have a big environmental price tag – it’s an incredibly expensive technology that gets billions in government subsidies every year. We have to transition away from burning trees.

Biodiversity 235

Biodiversity Energy Energy Carbon-negative 235

Hydrogen Fuel News

MARCH 5, 2024

But let’s chit-chat about something that often tags along with investing: dividends. Regulatory Tailwinds: Governments globally are increasing support for green initiatives through subsidies and regulations. You’re probably eyeing those green stocks, and I hear you. Let’s dig in.

Investment 84

Investment Sustainability Building Energy Monitoring Hydrogen 84

Business Green

MARCH 23, 2022

And it could have been partly funded by a £4bn windfall tax on fossil fuel companies' obscene profits, who in their own words currently have ‘more money than they know what to do with', and by ending the incredibly generous tax reliefs and other subsidies that the oil & gas industry currently receives.

Fossil fuels 36

Fossil fuels Government Investment Energy 36

Business Green

SEPTEMBER 8, 2022

As touted over the summer during her Tory leadership bid, Truss confirmed plans to temporarily shift green levies - which are used to pay for legacy renewable energy subsidy costs and social schemes that support vulnerable billpayers - off bills and onto the taxpayer's books.

Government 73

Government Energy Energy Fossil fuels 73

GreenTechMedia

OCTOBER 27, 2020

utilities seeking to decarbonize their generation fleets while avoiding the multibillion-dollar price tags and construction and budget overrun problems that have doomed most of the large-scale reactors planned for the United States and continue to dog the sole remaining project now underway, Southern Company's Vogtle expansion.

Nuclear Power 130

Nuclear Power Construction Carbon Hydropower 130

Business Green

SEPTEMBER 8, 2022

Addressing the Commons earlier, Truss said the government would cap typical household energy bills at £2,500 for the next two years, while also temporarily suspending environmental levies currently added to energy bills that are used to fund legacy renewables subsidies and energy efficiency schemes.

Energy 68

Energy Energy Fossil fuels Packaging 68

Business Green

FEBRUARY 18, 2020

So although £1.2bn may look like a sizeable price tag, for every £1 invested in it, the government expects the economy to reap £19 in benefits. In those terms it sounds a no-brainer investment in an uncertain future.

Climate change 49

Climate change Government Resilience Investment 49

Mr. Sustainability

APRIL 18, 2021

Given a lifetime of 10 years for an electrolyzer, a price tag of €632 per kW and a production of 0.5 Subsidies to the rescEU. The above summaries of EU and Dutch subsidies show the ambition level, but do not provide any reassurances. How much would the fuel cost? In come the governments, and they are here to help.

Hydrogen 78

Hydrogen Carbon-neutral Carbon Fossil fuels 78

Mr. Sustainability

APRIL 18, 2021

Given a lifetime of 10 years for an electrolyzer, a price tag of €632 per kW and a production of 0.5 Subsidies to the rescEU The EU Hydrogen Strategy describes hydrogen as one of the key ingredients to Europe’s Green Deal , which aims for a strict 2030 emission-reduction target and the elimination of net greenhouse gas emissions by 2050.

Hydrogen 78

Hydrogen Carbon-neutral Carbon Fossil fuels 78

DeSmogBlog

MAY 3, 2020

The ruling came just days after Keystone XL owner TC Energy, formerly known as TransCanada, obtained billions of dollars in subsidies from the Alberta government as global oil prices plummeted. The oil and gas industry has taken notice.

Policy 145

Policy Government Energy Energy 145

DeSmogBlog

JULY 18, 2021

There’s a long list of reasons that CCUS — despite decades of public subsidies and numerous high-profile pilot projects and “demonstration” plants — has floundered commercially. Also not mentioned: NRG’s Petra Nova project doesn’t actively capture carbon, despite its $1 billion price tag. CO2 pipeline network proposes.

Building Energy Monitoring 98

Building Energy Monitoring Carbon Energy Monitor Business Energy Monitoring 98

Business Green

SEPTEMBER 23, 2022

Jess Ralston, senior analyst at the Energy and Climate Intelligence Unit (ECIU), said: "If prices stay high, the government's gas subsidy bill would be several times the investment needed to get all 28 million homes in Britain properly insulated.

Government 36

Government Building Energy Monitoring Home Energy Monitoring Business Energy Monitoring 36

Business Green

DECEMBER 17, 2021

The proposal covers models with a price tag of $4,000 or less. A previous version of this subsidy that provided up to $20 per month was killed under the Trump administration.

Logistics 82

Logistics North America Europe Transportation 82

DeSmogBlog

FEBRUARY 13, 2023

BP also explains that scaling up CCS will depend on “targeted policy support to achieve further cost reductions” — an indication that, as critics have noted, the technology is too costly to scale without dedicated government support such as tax subsidies. Shell did not respond to a request for comment.

Carbon 98

Carbon Fossil fuels Building Energy Monitoring Business Energy Monitoring 98

AGreenLiving

DECEMBER 21, 2021

Manchin says the plan’s price tag is too high, making him worried about inflation. He also thinks the childcare subsidies, child tax credits and paid family leave are too generous. Nor does he like being pushed around. “I

Climate change 28

Climate change Health Waste Waste 28

Green Market Oracle

MARCH 17, 2020

It is absurd that we give tens of billions of dollars a year in tax breaks and subsidies to the fossil fuel industry. The price tag for your climate plan is about $1.7 Joe Biden : (20:07) Number one, no more subsidies for fossil fuel industry. It is insane that we continue to have fracking in America.

Fossil fuels 52

Fossil fuels Climate change Natural gas Investment 52