BRITAIN’S leading energy companies are threatening a multibillion
pound investment strike if they are subjected to a Competition Commission
inquiry because of soaring prices and profits. The Government and regulator Ofgem have been warned that no board of
directors would approve expensive projects
THE Government announced its intention to open up the British seas to
the generation of offshore wind energy in December 2007. The Crown Estate, which manages our waters, began leasing out slots to
energy companies. In January, a series of firms, including E.ON, RWE Npower, Scottish Power
and
WASHINGTON (Reuters) – The U.S. economy will lose $2.4 trillion over the next two decades if the federal government does not allow oil and natural gas drilling in restricted onshore lands and in offshore areas previously closed to energy companies, according to a new study released on Monday.
February 11, 2010 — The Senate’s stalled climate bill is getting a last big push from an unlikely ally – a group of energy companies who say a carbon market will help them get financing for the next generation of energy production. However, intensive lobbying by these climate bill proponents may still not be enough to counter powerful opposition and get a bill passed before the U.S. mid-term elections in November.<< Full Story >>
WASHINGTON (Reuters) – The U.S. Interior Department on Thursday issued the final terms for leasing almost 37 million acres in the central Gulf of Mexico to energy companies so they can drill for oil and natural gas.
Solar panels could soon cover parcels of publicly owned land
with city staff set to call for leasing bids from private
green-energy companies. Several firms have approached the city about leasing land and on
Wednesday, staff will ask politicians to allow a public bidding
process for properties
Energy firms to Congress: Keep supporting solar WASHINGTON – Energy companies on Thursday urged Congress to continue loan
guarantees, tax incentives and other federal programs designed to encourage
solar power in the U.S. Their plea came as Senate Democrats consider adding
“clean energy” programs
A retired Queen’s University physics professor says wind
farms don’t live up to the hype generated by energy companies and
governments. John Harrison says that for the final six months of 2009, the Wolfe
Island wind farm operated at about one-quarter efficiency. It’s misleading, Harrison said,
BIG international energy companies like US-based Exxon Mobil as well
as Britain’s BP and BG are getting excited about what geologists are calling
giant gas fields locked in vast shale formations in North America and elsewhere. And the buzz grows every time a major player in the energy business
BRITAIN’S ENERGY policy faces new controversy as it can be revealed
that electricity customers are paying more than Pounds 1billion a year to
subsidise wind farms and other forms of renewable energy. The hidden levy is part of a Government scheme to force energy companies to
fund green
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