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UK energy policy criticized as Drax quits carbon capture project

  • 9 years ago (2015-09-26)
  • Junior Isles

The Drax power company, in charge of the largest power plant in the UK of the same name, has thrown a £1 billion ($1.52 billion) UK government climate-change plan into turmoil, saying that government green policy reversals have made it too risky to move forwards.

Pledged funds of $2.6 trillion to dump coal

  • 9 years ago (2015-09-23)

Over the past year, funds pledged to shift energy reliance on coal, oil or gas to cleaner sources have risen by 50 times to $2.6 trillion dollars due to ethical or financial motivations. Pledges include commitments to cut back or sell present holdings in fossil fuel companies.

Japanese Government considers limit on coal-fired power generation

  • 9 years ago (2015-09-22)
  • David Flin
The Japanese Industry Ministry is considering limiting each utility’s coal-fired power generation to around 50 per cent of its total fossil fuel energy output, according to sources within the Ministry.

Hinkley Point C wins new investment from British government

  • 9 years ago (2015-09-21)
  • David Flin
George Osborne, Chancellor of the Exchequer of the UK, has announced that the UK government will make a fresh investment in the £24.5 billion Hinkley Point C nuclear power project.

Sweden enacts measures amid target of fossil-free energy mix mix

  • 9 years ago (2015-09-17)

Sweden is aiming to become one of the first nations in the world to have a fossil-free energy mix, and as a step towards that goal it will invest 4.5 billion kronor ($546 million) next year in climate-protection measures as a step towards this goal.

UK loses top ten renewable ranking

  • 9 years ago (2015-09-16)

GE to move US jobs to France and China in fight over export credits

  • 9 years ago (2015-09-16)
  • David Flin
GE has revealed plans to shift up to 500 US manufacturing jobs to Europe and China because it can no longer access EXIM financing from the US Export-Import Bank.

California fire damages part of geothermal power generator

  • 9 years ago (2015-09-15)
  • David Flin
Forest fires have damaged five cooling towers at the Geysers geothermal power generation facility in northern California.