UK shale gas exploitation ‘unlikely’ to lower prices

Shale gas exploitation in the UK is “unlikely” to cut the cost of gas. Predictions it could lower prices as have been seen in the US are just “wishful thinking”. That’s the conclusion of research by Bloomberg New Energy Finance (BNEF), which claims the UK market will perform differently to the US as it costs […]

Raising carbon targets to 30% won’t hurt, claims report

Countries in Europe could be more ambitious about reducing carbon dioxide emissions between now and 2020 while suffering minimal costs. This is according to research from Bloomberg New Energy Finance, which claims the extra cost would equate to “a few cups of coffee per person per year”. The research, which was undertaken on behalf of […]