Piercing through the Autumn Statement

The autumn statement was released with grand plans for reducing our energy bills by transferring the energy company’s obligation (ECO) to the taxpayer. Energy companies have succeeded in lowering their liability to finance the cost of providing insulation, new boilers and draught-proofing for struggling families and vulnerable people in communities Read more…

New nuclear? No thanks!

This week, the Government announced that the taxpayer would be subsidising the construction of a £16 billion, 3.3GW new nuclear power plant at Hinkley Point in Somerset.  The deal was stuck with EDF, the French state owned utility.  In the wake of the disaster at Fukishima, with dangerous levels of Read more…

Autumn Blues

The Chancellor announced his plans to create growth yesterday promoting the Dash for Gas despite the fact that the UK Geological survey estimates that our technically recoverable reserves range between 150 billion cubic metres (bcm) and 570 bcm.  According to BP’s review of the World 2012, this reserve is the Read more…