Thursday 31st July 2014                 Change text size:

wind turbine onshore by Attilio Lombardo via stock.xchng

Pressure on energy bills rises as national renewable power policy gets a makeover

Pressure on energy bills continued to increase as the coalition reshapes the national renewable power policy with two announcements. Underlying policy moves in the renewables sector is the implicit understanding that the era of cheap energy is well and truly ended. The costs of producing our power will continue...


green deal by department of energy and climate change via flickr

Green deal failing despite ‘breathtaking spending’

The parliamentary watchdog is to investigate claims that ministers spent around £36 million under the Green Deal to benefit only 2,100 households. Ministers responsible for the scheme, which lends to households looking to increase energy efficiency through retrofitting, are accused of mishandling cash allocated by the Department for Energy...


Photo: Elliott Brown via Flickr

RBS bonuses blocked by government

Controversial plans by the bailed-out Royal Bank of Scotland (RBS) to pay bonuses twice the size of employees’ salaries have been blocked by the government, which owns an 81% stake in the bank. RBS wanted to ask shareholders whether it could pay some of its most senior bankers large...


gas ring by Lee Haywood via flickr

Co-operative announces 2.4% energy bill increase

Co-operative Energy, which has more than 250,000 customers, has announced a 2.4% hike in its household electricity prices. The company has said the increase is not to boost profits but is due to “government-imposed costs”. The price increase will take effect from 27 May, with average customers paying an...


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S&P compares independent Scotland with Iceland

Scotland could see a banking system similar to that of Iceland just before the financial crisis if it votes for independence in September, according to ratings agency Standard & Poor (S&P). The warning comes after analysts at the firm calculated that the assets of Scottish lenders would be more...


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Conservatives pledge to end onshore wind subsidies

Tories have pledged to end subsidies for onshore wind turbines if they win the general election next year. Energy minister Michael Fallon has argued that there are now enough wind farms in place to meet renewable targets without the need for subsidies. Projects that have not been granted planning...


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46% of executives say climate change demands ‘urgent’ action

Just under half of senior executive worldwide believe the effects of climate change call for ‘urgent and immediate’ action from governments, business and civil society, according to a poll from the Economist Intelligence Unit (EIU). Some 46% of the 2,324 respondents said urgent action was required, with an additional...


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Eight renewables projects given go-ahead in ‘green energy investment boom’

The government has given eight major renewable projects the go-ahead as part of its electricity market reforms. The developments have been described as a significant part of the coalition’s plans to provide cleaner and more secure energy to the UK. It is anticipated that by 2020, the projects will...


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Vince Cable calls on FTSE 100 to create sustainable remuneration packages

Business secretary Vince Cable has warned the remuneration committees of FTSE 100 companies to curb excessive pay packages or risk further action. He argued that more sustainable deals and a focus on long-term goals were needed. Cable’s comments come ahead of this year’s annual general meeting (AGM) season, which...


Photo: Steven Lilley via flickr

St George’s Day: England, adversity and the environmental crisis

St George is believed to have been a soldier in the Roman army, born to Greek Christians in around 275AD. His story is shrouded in myths and legends – some suggest he disobeyed an imperial order to kill Christians, to his own demise, while it is doubtful that he...


Photo: John Nyberg via freeimages

RBS needs to run, not walk, to become an ethical banking leader

After the Royal Bank of Scotland (RBS) released its Sustainability Review last week, Scotland’s Herald newspaper reported that the state-owned bank “aims to lead from the front on ethical banking” – although it admitted that it could take up to five years to get there. This is quite an ambition...


newspaper arm by sanja gjenero via stock.xchng

Blue & Green Daily: Wednesday 23 April headlines

Blue & Green Daily finds and summarises the top sustainability stories around the web every morning. We start with our own picks from Blue & Green Tomorrow. Energy supplier switching times to be halved Urbanisation and ‘green cities’ on the agenda for Earth Day 2014 ‘Freedom to frack’ on...


Photo: Lock the Gate Alliance via Flickr

More research needed into health impacts of fracking, experts warn

Much more needs to be done to investigate the impacts of fracking on human health to ensure that industry regulation will adequately protect the British public, experts have warned. Writing in an editorial piece for the British Medical Journal, experts from the multi-disciplinary group Physicians Scientists and Engineers for...


Delabole

Locals receive ‘windfall’ payments from Good Energy after wind farm performs well

Residents living near renewable energy supplier Good Energy’s Delabole wind farm have received a £50  ‘windfall’ payment after the turbines at the site performed better than expected. Delabole was the UK’s first commercial wind farm after Good Energy invested £11.8m to redevelop it in 2010. Those living in the...


Photo: Simon Rogers via freeimages

UKSIF rebrands National Ethical Investment Week as Good Money Week

The UK Sustainable Investment and Finance Association (UKSIF) has revealed that National Ethical Investment Week, the industry’s flagship event for the past seven years, is to be rebranded as Good Money Week for 2014. UKSIF explained that the change was a reflection of how sustainable investment and finance had...


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