Nuclear deal will “mark the start of a nuclear power revival”

The government’s deal with EDF for a new nuclear power plant at Hinkley Point will “hopefully mark the start of a nuclear power revival” according to the Institution of Mechanical Engineers (IMechE). EDF agreed to a strike price of £92.50/MWh for the Hinkley Point C plant – £89.50/MWh if the firm also builds the Sizewell […]

CBI backs mandatory carbon reporting

Mandatory carbon reporting would force boardrooms to see the worth of energy efficiency, says the UK’s leading business body.The Government must make a decision on whether to introduce mandatory carbon reporting by April 2012 if it is to comply with the 2008 Climate Change Act. The Confederation of British Industry has backed the policy in […]

CBI question government’s grip on finance

The Confederation of British Industry said they had reservations about the Department of Business’s new low-carbon construction plans. Earlier today, BIS set out ways in which government will have to work with construction in the future. Dr Neil Bentley, CBI’s Deputy Director-General, said government had to do more to develop finance: “We’ve welcomed the Green […]