article thumbnail

Tory leadership contest goes nuclear, as Truss and Sunak face worsening energy crisis

Business Green

There are now just days to go until Britain's energy regulator officially confirms how much average domestic bills will rise for the autumn period, with concerns growing that the scale of the resulting fuel poverty and economic crisis could be genuinely unprecedented in its scope and intensity.

article thumbnail

CBAM Ignites New Era of Equitable Contest in Europe

Hydrogen Fuel News

This not only discourages domestic firms from relocating but also suppresses the effects of carbon border taxes by effectively equalizing carbon prices for both domestic and foreign producers in the home market. This is just another reason that more industries are looking towards hydrogen energy.

Europe 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Future System Operator: New public body launched to manage Britain's net zero energy transition

Business Green

FSO will take 'whole-systems' approach to integration of green energy technologies such as renewables, hydrogen, and CCUS, government confirms. The reforms follow a consultation last year over proposals to create a new energy system operator separate from National Grid plc with responsibility for both the electricity and gas grids.

article thumbnail

The 4 Things PG&E Must Do to Survive and Thrive Post-Bankruptcy

GreenTechMedia

Pacific Gas & Electric is on the verge of escaping from its 18-month bankruptcy , only to begin a years-long effort to prevent a repeat of the disasters that pushed it into insolvency in the first place. PG&E must keep up with the state’s ambitious clean energy, environmental and electrification goals. Of that, about $7.8

article thumbnail

The Net Zero Review: Everything businesses need to know

Business Green

The findings of his Review may do little to convince the net zero sceptics in his own party, but if they take the time to read it they might find themselves pleasantly surprised by how reasonable its 129 recommendations are - and how economically, politically, and socially rational to boot.

article thumbnail

Could a revised Net Zero Strategy help turn the UK's economic fortunes around?

Business Green

From energy to climate and housing to healthcare, all the way through to stagnating wages, strikes, and declining public confidence in his government's Brexit project, crises abound in almost every direction for the UK and its new Prime Minister. Rishi Sunak certainly has a job on its hands in 2023.

article thumbnail

No energy security without efficiency: How energy use is key to tackling the gas price crisis

Business Green

Energy security and net zero requires a rethink of the way energy consumed and used. But what policies do experts think shuold feature to the government’s upcoming Energy Security Strategy and Spring Statement? It was a glaring omission.