spending
The announcement comes as part of a raft of new funding to accelerate the country’s progress towards its goal of reaching net zero in 2045
A new report suggests colder weather could see each household spend an average £448 more on energy and warmer clothing this winter compared with the spring-summer period
That’s the claim from Friends of the Earth, which says spending on planting and management in the UK has been in overall decline for several decades
Only last month the French energy giant said the cost of building the Hinkley Point C nuclear power plant could increase by up to £2.9bn
The International Energy Agency says global energy investment is falling short of what would be needed to meet continued robust growth in the world’s energy demand
The Office for National Statistics suggests this accounted for around 1.8% of total government expenditure over the year
uSwitch believes this could happen if suppliers increase their rates to match the level of the cap
It says this would allow it to maintain the option to deliver projects costing almost £5.4 billion
These projects are expected to produce 2.6 billion barrels of oil
UK foreign aid for fossil fuels was double the amount spent on overseas renewable energy between 2010 and 2014. That’s according to the Catholic Agency For Overseas Development (CAFOD), which says out of the money spent on improving energy systems in developing countries, 46% went into areas such as coal, gas and oil compared to […]