Carbon capture industry could create 30,000 jobs

Carbon capture and storage technology could bring down household electricity bills by £82 a year according to new research. The joint report published by the union TUC and the Carbon Capture and Storage Association claims rolling out CCS could create as many as 15,000-30,000 jobs and a market worth £15-35bn by 2030. CCS involves trapping […]

‘Bill hikes add pressure to homes’ says union

Energy bill hikes are adding to a “huge squeeze” on living standards, a trade union has claimed. The comments came in response to the latest inflation figures published this week by the Office for National Statistics show that Consumer Price Index inflation remained unchanged at 2.8%. The ONS said the CPI remained “broadly flat” through […]

Business leaders demand green Budget

An influential businesses group today urged Chancellor George Osborne to set out a comprehensive green growth strategy in next month’s Budget. This, argues the Aldersgate Group, would help reduce the budget deficit and drive a dynamic economic recovery by increasing output and creating jobs. The group includes bosses from Pepsi, The Co-operative Group, Merrill Lynch […]

Business bosses join Green Economy Council

The Green Economy Council has held its first meeting to discuss how government and industry can work together to support the transition to a low carbon economy. The council comprises business leaders from a cross-section of industries and sectors who will advise government on green-growth policies such as infrastructure, innovation, investment and unnecessary regulation. The […]

Huhne says energy crunch could rival credit crunch

Energy Secretary Chris Huhne today warned that “an energy crunch is coming” and its scale and impact “could rival the credit crunch”. And he added that “if we are still hooked on oil, there will be no bailout”. Mr Huhne was delivering a speech to the TUC’s annual climate change conference, and he used to […]