Page 61 - Climate Intelligence Unit News Today

Crisis ‘far from over’, warn campaigners as an estimated 6.5m households across Great Britain will still struggle to pay bills

In April, inflation reached 8.7% over one year, against 10.1% in March. British inflation remains the highest in the G7 this month. Food prices rose by 19% in April (0.1 point less than in March), and inflation in this area has been moving for several months to record levels over 45 years in the United Kingdom. British Finance Minister Jeremy Hunt says food prices are still rising too fast. The UK's GDP is now expected to grow by 0.4% for 2023 as a whole.

Take the complexity out of navigating the ever-changing availability of green schemes

While Biden prattles on about lavish green handouts, Macron and many EU counterparts want to hit the net zero pause button.

Auto giant Stellantis urges government to revisit Brexit trade rules or risk seeing electric vehicle manufacturing capacity migrate to the EU

The contrast couldn’t be greater. In Britain a wealthy cabinet minister goes on television to boast of how he is installing a heat pump in his home – something his government is proposing to force on millions of British homeowners over the next few years in spite of them costing many thousands of pounds more

Hopes to make the UK energy-independent are under threat due to the rapid decline in North Sea gas production coupled with slow-paced policies to cut gas demand, experts have said.

Offshore Energies UK said gas and oil production was indeed in long-term decline. However, the North Sea and other UK waters still contained enough gas and oil to support much of the nation’s needs during the three decades it will take to reach net zero.

Offshore Energies UK has responded to claims by the Energy & Climate Intelligence Unit that the UK faces sharp rises in gas imports, and import costs, over the next decade.

FairCharge demands changes to Treasury rules that mean formerly fossil-fuelled cars converted to electric powertrains still face higher charges