Mixing hydrogen into existing gas supplies, an emission-cutting strategy being considered by the UK government, could cause household energy bills to rise by 16 percent, a new study has suggested. The British government said last year that it would work with industry to “assess the safety, technical feasibility, and cost effectiveness of mixing 20 percent…
UK Conservatives Urge Removal of Environmental Levies as Energy Prices Soar
January 2, 2022
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Boris JohnsonBusiness & Economyeconomic policieseconomyenergy costsenergy pricesinflationnet zeroUKWorld
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Some 20 Conservative lawmakers have urged Prime Minister Boris Johnson to scrap environmental levies and other taxes to ease the pressure caused by energy price rises to British households. Households are expected to see a steep rise in energy costs in April as suppliers are due to increase prices after the cost of gas in…
Net-Zero Policies: Taking From the Poor and Giving to the Rich
Commentary It is too often overlooked in all the discussions about the “transition” to a net-zero emissions economy that the most consequential transition is that from democratic capitalism to feudal serfdom. This is the conclusion of American demographer and “blue-collar Democrat” Joel Kotkin, who has highlighted that the supposedly well-intentioned green policies being adopted across…
After Glasgow, 1.5 Is Dead—Get Over It
Commentary The Glasgow climate conference represents a strategic defeat for the West, and for Britain in particular. Boris Johnson unleashed everything he could muster. The royal family hosted receptions for multibillionaires. The Foreign Office sent climate envoys around the world. Glasgow would show the world that Britain could outdo France’s performance six years ago at…
Net Zero and Green Financial Repression
Commentary So far, the big message from the Glasgow climate conference is the role of finance in decarbonizing the global economy. It’s a dangerous development. In his speech to the twenty-sixth Conference of the Parties (COP26) last week, Britain’s Chancellor of the Exchequer, Rishi Sunak, pledged action to “rewire the entire financial system for Net Zero.” Finance…
‘No Chance’ of Net Zero by 2050: Oil Exec Chris Wright Weighs in on COP26
November 10, 2021
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Chris Wright, CEO of the frac firm Liberty Oilfield Services, dislikes the term “climate denier.” The label is both pejorative and, in Wright’s case, inaccurate. “Climate change is a real thing,” Wright told The Epoch Times in a conversation at the National Conservatism Conference II. “Humans have increased greenhouse gases in the atmosphere.” Much of…
UK Businesses Will Be Forced to Publish Net Zero Plans
Companies in the UK will be required to publish plans of decarbonising and transitioning to net zero, Chancellor of the Exchequer Rishi Sunak told COP26 on Wednesday. Speaking at the global climate summit in Glasgow, Sunak said the new mandate is part of the UK’s plan to become “the first ever net zero aligned financial centre.”…
Scientists and Experts Will Solve Climate, Not Politicians: Australian PM
Australian Prime Minister Scott Morrison has told world leaders that the swift invention of COVID-19 vaccines has provided cause for optimism that scientists and other experts can invent the technological solutions needed to combat climate change by achieving net zero carbon emissions by 2050. Addressing the COP26 summit in Glasgow early on Tuesday, Australian time, Morrison…
Trudeau Pledges to Cap Oil and Gas Sector Emissions at COP26 Summit
Prime Minister Justin Trudeau pledged to cap emissions produced by Canada’s oil and gas industry as he delivered a speech at the 26th meeting of the Council of Parties to the UN climate convention, known as COP26, in Glasgow on Nov. 1. “We’ll cap oil and gas sector emissions today and ensure they decrease tomorrow…
UK May Have to Raise Taxes to Pay for Net-Zero Pledges: Treasury
The British government may have to consider raising taxes to pay for the cost of its pledge to reach “net zero” greenhouse gas emissions by 2050, according to a Treasury report published on Tuesday. In June 2019, the UK government passed legislation committing itself to achieve net-zero by 2050, in order to deliver on the…
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