REF
The most important element of the budget is the removal of the Climate Change Levy (CCL) exemption for renewable electricity. That’s according to Renewable Energy Foundation Director John Constable. His comment follows Chancellor George Osborne’s Summer Budget announcement earlier today. Mr Constable told ELN it will benefit the Treasury by “several hundred million pounds a […]
The Renewable Energy Foundation (REF) says domestic consumers shouldn’t pay more for the EU’s renewable targets as it welcomed a new report comparing the UK’s energy and climate change policies. The study by the Department for Business, Innovation and Skills (BIS) showed the UK’s energy and climate change policies are expensive and damaging to energy-intensive […]
DECC has hit back after the Government’s planned new laws for the energy sector came under fire for “invisibly loading bills” with extra costs. Today Energy Secretary Ed Davey released the draft Energy Bill, with plans to upgrade the electricity market to cope with new forms of energy such as renewables and cope with rising […]
It’s hardly breaking news that the tabloid media knows how to pick on a figure, hold it up to the light, inspect it, then plonk it on the printing presses with a ‘new’ angle and hey presto: a sensational headline story. But you’d never suspect researchers or government advisers of doing the very same thing. […]
Climate change levies could pile an extra £15billion – around 1% of the UK’s GDP – onto consumer costs by 2020, according to the Renewable Energy Foundation (REF). The independent research body calculates that VAT charged to energy firms on these levies alone could amount to almost £2billion. REF is warning these costs could be […]