Page 8 - Renewables News Today

Now the news with al tansley. The Prime Minister has confirmed hundreds of new licences will be granted to drill for oil and gas in the north sea. Rishi sunak, whos in aberdeenshire to announce funding for two new Carbon Capture projects, said it was vital to bolster Energy Security. A former miner from northumberland who killed his seriously ill wife is expected to be released from prison by august. David hunter was found guilty of manslaughter last week hes been sentenced to two years by a cou...

Energy and Climate Change are hotting up too. The government has said it will back hundreds of new licences for oil and Gas Production sites like this in the north sea. Its also confirmed it will support two new Carbon Capture and storage projects in northeast scotland and the humber. These would capture Carbon Dioxide where fossil fuels are burned and pipe it under the sea to store it. Climate campaigners fear it is a tactic to keep the Fossil Fuel Industry in business. The Prime Minister on a ...

Pain it also causes. The background to this is high inflation, we have a sequencing that Around The World, particularly sticky, or at least has been here in the uk. That is why the bank has been increasing Interest Rates to try and curb the spending and get that Inflation Rate down. Should they continue to do that today, on the one hand, we have an Inflation Rate in the uk that has been easing a little, and when you dig into some of the details, to look at Producer Price inflation, thatis look a...

Out north sea energy. Its also providing up to £20 billion for Carbon Capture projects, including the first in scotland, . Which the government says will . Create 20,000 newjobs. 2050, when we are at net zero, it is forecast that around a quarter of our energy needs will still come from oil and gas. Thats why technologies like Carbon Capture and storage are important. But what is important then as we get that oil and gas in the best possible way and that means getting it from here at home. The ...

Is a rate rise good for you . Really looking forward to speaking to you, to hearing from you this morning, by telephone, by text or social media. Lets get the neatest News Headlines from karishma patel. The Bank Of England is expected to raise its main Interest Rate to 5. 25 at lunchtime. It will be the 14th time in a row its gone up. Inflation has slowed down in the past few months, but is still at nearly 8 four times higher than the official target. Deputy Prime Minister, oliver dowden, says m...

From all of our colleagues across the networks that nbc news, thank you for staying up, late be good this, weekend and i will see at the end of monday. In a federal court in miami at 10 30 am on monday. And then on Tuesday The Graduate special counsel jack smith has been using in his investigation into trumps attempts to overturn the results of the 2020 election, that jury is expected to meet again, which could mean more testimony or it could mean a possible indictment. And as much as everyone i...

By A Prematurely Celebrating Captain ben stokes. After the rain delay the wickets began to tumble and the match swayed back to england Jonny Bairstow with a brilliant catch to dismiss. Theyre chasing an unlikely 384 for victory. They resumed on 135 without loss and lost three wickets in the first hour of the morning session chris woakes taking two of them. But rain has once again disrupted things play has been stopped with australia on 238 3 needing 146 more runs to win. Elsewhere the hundred ki...

Change. Clearly it is a popular policy by the public and heading up to the next election it would be a strange decision for the government to row back on anything with public support. Can the government have it both ways, say yes to granting licences for oil and gasp projects but at the same time it commitments to net zero . New licences for the north sea is not a change in Government Policy, we were expecting to see more. The oil and industrys estimates show production will continue to decline ...

To stop that co2 from being released into the atmosphere, either by re using it, or storing it underground. Take this gas fired Power Station, for example. As the natural gas is burned to generate power, the Carbon Dioxide is separated out from it. Its then diverted via another pipeline and stored underground. If the Acorn Project it is given the go ahead, waste c02 will be piped from Central Scotland here to st fergus using old pipelines. Refineries at mossmoran and grangemouth, as well as a ne...

Remember thatjust like most americans who have credit records when they want to borrow money and find out how much debt they can take on, the Us Government also gets a credit rating. When it gets downgraded like this, the potential long term effect as it could push up the cost for the Us Government of borrowing money, and in turn that might long run push up taxes, it could mean less spending by the government and could mean fewer government and could mean fewer government programmes in the futur...