From the digital pound, to homeworking via heat pumps: City A.M.’s five most-read stories of the week March 3, 2023 The most read story of the last seven days was the revelation that the digital pound would coming this decade. Details of the unpublished Treasury and BoE report were reported here and read by hundreds of thousands of readers Second most read was our energy editor’s piece on heat pumps, following British Gas owner’s decision [...]
IEA: Global energy-related CO2 emissions rose to record highs in 2022 March 2, 2023 Global energy-related emissions of carbon dioxide hit a record high last year, the International Energy Agency (IEA) revealed today.
Water firms ordered to strengthen supply plans by Ofwat or have their profits slashed March 2, 2023 Ofwat has demanded water companies toughen up their plans to secure reliable water services in the coming decades.
UK Finance: Square Mile HQ targeted by Extinction Rebellion as six arrested March 2, 2023 The headquarters of UK Finance in the heart of the Square Mile have been targeted by environmental group Extinction Rebellion. The Bank-based trade association for UK banking was today targeted with paint and stickers, as protestors read out statements and stuck themselves to windows. Police arrested six members of the group after the building was [...]
Offshore energy industry pleads with Hunt for help: Windfall tax ‘rocked investor confidence’ amid US threat March 2, 2023 The UK’s North Sea industry body has urged Jeremy Hunt to create an attractive investment climate to compete with rival energy markets.
Onshore wind reforms will fail to revive collapsed industry, renewable body warns March 1, 2023 Government proposals to revive onshore wind will do nothing to remove the current de-facto ban, argued Renewable UK.
Uniper to hire EON UK boss Michael Lewis as new chief executive March 1, 2023 Uniper has announced it intends to name EON UK boss Michael Lewis as its new chief executive and oversee its new strategy.
Pressure rises on government to ramp up insulation of UK homes amid fuel poverty worries March 1, 2023 It will take 300 years for the government to meet its end-of-decade energy efficiency targets for British homes, warned NEA.
Lack of government strategy putting UK decarbonisation goals at risk, NAO warns March 1, 2023 The government lacks a plan for all electricity to be generated through clean energy sources by 2035, warned the National Audit Office.
High fertiliser prices add £78m per month to farmers bills, says ECIU March 1, 2023 High fertiliser costs are adding £78m to farmers’ monthly bills amid fresh food shortages, according to the ECIU.