British Gas owner Centrica to slash 1,500 jobs

The owner of British Gas plans to cut around 1,500 jobs this year. In a trading update, Centrica said it is targeting cost savings of around £250 million, in addition to last year’s savings of £384 million. It is part of Centrica’s plans to reduce annual costs by £750 million. The energy giant’s energy supply […]

Increased resource efficiency worth $2tn by 2050

More efficient use of natural resources could reap annual economic benefits of $2 trillion (£1.6tn) by 2050. That’s according to new research from the UN’s International Resource Panel, which shows the savings could be used to offset the 3.7% fall in per capita GDP forecast to be caused by other climate change mitigation activities. For example, […]

Guest Blog: Mark Stokes – Coming of age – on-site energy generation?

The imperative for on-site generation has never been as compelling as in today’s energy climate. We’ve all become very familiar with the uncertainty of rising energy prices, sharply reducing capacity margins and our ageing energy infrastructure. What we’re less familiar with is the potential role on-site energy generation could play in helping meet our future […]

US firms could save $780bn by cutting carbon emissions

Businesses in the US could save as much as $780 billion (£500bn) in the next 10 years or $190 billion (£121.6bn) in 2020 alone if they act now to cut carbon emissions. A new report released by the WWF and Carbon Disclosure Project (CPD) claims firms need to reduce emissions by an average of 3% […]