Category: Energy industry

Sunak urges banks to keep funding oil and gas firms after windfall tax

Sector says £5bn energy profits levy will make investment in new projects and renewables more difficultRishi Sunak has asked Britain’s biggest banks to keep the money taps flowing to the oil and gas sector after slapping it with a windfall tax.In a bru…

Read more

Sunak’s windfall tax is a ‘sticking plaster’, say climate campaigners

Tax on oil and gas companies described as ‘missed opportunity’ to tackle climate and cost of living crisesThe windfall tax is only a “sticking plaster” to provide temporary relief on energy bills that does nothing to improve the UK’s leaky homes, and e…

Read more

Sunak’s windfall tax is a ‘sticking plaster’, say climate campaigners

Tax on oil and gas companies described as ‘missed opportunity’ to tackle climate and cost of living crisesThe windfall tax is only a “sticking plaster” to provide temporary relief on energy bills that does nothing to improve the UK’s leaky homes, and e…

Read more

Limits on renewables ‘will keep UK energy bills higher this winter’

Government limit on contracts for new renewable energy generation is ‘outdated thinking’, says Greenpeace UKConsumers will face higher energy bills than necessary next winter because of a decision by the government to limit new renewable energy generat…

Read more

‘This is about survival’: will Cop27 bring action on Glasgow climate pact?

Amid an energy crisis caused by war in Ukraine, climate experts say November talks must act on plans to limit global heating‘Cash, coal, cars and trees’: what progress has been made since Cop26?When weary delegates tumbled out of the emptying halls of …

Read more

‘This is about survival’: will Cop27 bring action on Glasgow climate pact?

Amid an energy crisis caused by war in Ukraine, climate experts say November talks must act on plans to limit global heating‘Cash, coal, cars and trees’: what progress has been made since Cop26?When weary delegates tumbled out of the emptying halls of …

Read more