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Chancellor Osborne seeks Chinese funding for Hinkley Nuclear Power station while harming clean energy

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Stop Hinkley predicts “crazy scheme will collapse under the weight of argument”. The Chinese Premier is about announce, amongst other things, a deal for Chinese firms to invest in the most expensive nuclear power plant ever which EDF is proposing to build at Hinkley Point in Somerset.

However, the UK Government is only ‘hopeful’ that a “heads of agreement” will be signed over the next few days. The shrinking number of supporters of the Hinkley project will have to continue waiting for a final investment decision.

“We remain mystified” (as does Michael Liebreich, founder of Bloomberg New Energy Finance) said Stop Hinkley Spokesperson, Alan Jeffery said “about why George Osborne wants to throw good money after bad on this project. In the process, he has devastated the UK’s burgeoning renewable energy industry, threatening up to 20,000 jobs in the process. He is doing his best to kill off an innovative industry of the future in order to keep alive a technology of the past. It makes about as much sense as funding a telegram service whilst killing off the mobile phone industry.”

Over the past few weeks Stop Hinkley understands that:

– Only 29% of the UK population support plans to go-ahead with a new nuclear power station at Hinkley Point.

– Two of the world’s biggest rating agencies (Moody’s and Standard and Poor’s) have threatened rating downgrades for EdF – if Hinkley Point ever gets the green light. The inevitability of big cost overruns and delays on the project could only have significant ‘credit negative effects’.

– Senior military and intelligence figures have warned ministers that plans to give China a big stake in Britain’s nuclear power industry pose a threat to national security.

– The United States has publicly aired its worries over Britain’s increasing ties with China. The Japanese nuclear companies, Hitachi and Toshiba are understood to be furious that fast-tracking an assessment for a Chinese reactor-type, as part of the Hinkley deal, could divert the resources of UK nuclear regulators.

Allan Jeffrey continued: “Going cap in hand to a country with such a lamentable human rights and health and safety record is bad enough, but doing so to fund the biggest white elephant in history and kill off the industry which offers the UK’s best hope of tackling climate change is just insane. Surely it must only be a matter of time before this crazy scheme collapses under the weight of argument.”

Economy

A Good Look At How Homes Will Become More Energy Efficient Soon

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energy efficient homes

Everyone always talks about ways they can save energy at home, but the tactics are old school. They’re only tweaking the way they do things at the moment. Sealing holes in your home isn’t exactly the next scientific breakthrough we’ve been waiting for.

There is some good news because technology is progressing quickly. Some tactics might not be brand new, but they’re becoming more popular. Here are a few things you should expect to see in homes all around the country within a few years.

1. The Rise Of Smart Windows

When you look at a window right now it’s just a pane of glass. In the future they’ll be controlled by microprocessors and sensors. They’ll change depending on the specific weather conditions directly outside.

If the sun disappears the shade will automatically adjust to let in more light. The exact opposite will happen when it’s sunny. These energy efficient windows will save everyone a huge amount of money.

2. A Better Way To Cool Roofs

If you wanted to cool a roof down today you would coat it with a material full of specialized pigments. This would allow roofs to deflect the sun and they’d absorb less heat in the process too.

Soon we’ll see the same thing being done, but it will be four times more effective. Roofs will never get too hot again. Anyone with a large roof is going to see a sharp decrease in their energy bills.

3. Low-E Windows Taking Over

It’s a mystery why these aren’t already extremely popular, but things are starting to change. Read low-E window replacement reviews and you’ll see everyone loves them because they’re extremely effective.

They’ll keep heat outside in summer or inside in winter. People don’t even have to buy new windows to enjoy the technology. All they’ll need is a low-E film to place over their current ones.

4. Magnets Will Cool Fridges

Refrigerators haven’t changed much in a very long time. They’re still using a vapor compression process that wastes energy while harming the environment. It won’t be long until they’ll be cooled using magnets instead.

The magnetocaloric effect is going to revolutionize cold food storage. The fluid these fridges are going to use will be water-based, which means the environment can rest easy and energy bills will drop.

5. Improving Our Current LEDs

Everyone who spent a lot of money on energy must have been very happy when LEDs became mainstream. Incandescent light bulbs belong in museums today because the new tech cut costs by up to 85 percent.

That doesn’t mean someone isn’t always trying to improve on an already great invention. The amount of lumens LEDs produce per watt isn’t great, but we’ve already found a way to increase it by 25 percent.

Maybe Homes Will Look Different Too

Do you think we’ll come up with new styles of homes that will take off? Surely it’s not out of the question. Everything inside homes seems to be changing for the better with each passing year. It’s going to continue doing so thanks to amazing inventors.

ShutterStock – Stock photo ID: 613912244

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Economy

IEMA Urge Government’s Industrial Strategy Skills Overhaul To Adopt A “Long View Approach”

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IEMA, in response to the launch of the Government’s Industrial Strategy Green Paper, have welcomed the focus on technical skills and education to boost “competence and capability” of tomorrow’s workforce.

Policy experts at the world’s leading professional association of Environment and Sustainability professionals has today welcomed Prime Minister Teresa May’s confirmation that an overhaul of technical education and skills will form a central part of the Plan for Britain – but warns the strategy must be one for the long term.

Martin Baxter, Chief Policy Advisor at IEMA said this morning that the approach and predicted investment in building a stronger technical skills portfolio to boost the UK’s productivity and economic resilience is positive, and presents an opportunity to drive the UK’s skills profile and commitment to sustainability outside of the EU.

Commenting on the launch of the Government’s Industrial Strategy Green Paper, Baxter said today:

“Government must use the Industrial Strategy as an opportunity to accelerate the UK’s transition to a low-carbon, resource efficient economy – one that is flexible and agile and which gives a progressive outlook for the UK’s future outside the EU.

We welcome the focus on skills and education, as it is vital that tomorrow’s workforce has the competence and capability to innovate and compete globally in high-value manufacturing and leading technology.

There is a real opportunity with the Industrial Strategy, and forthcoming 25 year Environment Plan and Carbon Emissions Reduction Plan, to set long-term economic and environmental outcomes which set the conditions to unlock investment, enhance natural capital and provide employment and export opportunities for UK business.

We will ensure that the Environment and Sustainability profession makes a positive contribution in responding to the Green Paper.”

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