Shale gas could be ‘a new North Sea’ for Britain

Shale gas is the future of the UK’s energy industry and could meet more than a third of the nation’s annual gas needs and cut its dependence on imports, according to a new report. The Institute of Directors’ (IoD) ‘Getting shale gas working’ report, sponsored by shale gas firm Cuadrilla Resources, claims its development could […]

Institute of Directors rebuffs “iffy” criticism of shale gas report

The Institute of Directors has strongly countered criticism its latest report about shale gas is based on “iffy assumptions”. In a report published today the business group calculates there could be as many as 35,000 jobs created by a shale gas industry in the UK, which would also cut carbon and give a boost to […]

Nuclear ‘popular with business chiefs’

New UK nuclear power stations are popular among business leaders, according to a new survey by the Institute of Directors (IoD). In a poll of 1,117 members, the IoD found more than four out of five (84%) were in favour of new plants being built in the UK. In a survey taken in February 2010 before […]

Institute of Directors calls for nuclear fast-track planning process

Chris Huhne’s affirmation of new nuclear during his Annual Energy statement yesterday has been welcomed by the Institute of Directors. Graeme Leach, Director of Policy at the IoD, said: “We are pleased Chris Huhne has stated unambiguously that new nuclear will play a part in meeting the UK’s energy needs. The message from business to […]