Daily Archives: November 17, 2010

In this week’s podcast: We take a look at Europe’s energy markets and the impact of oil and gas prices on electricity bills, we ask what now for BHP Billiton in the light of its failure to take over Canadian PotashCorp and we look at the prospect for investment in renewables in the wake of the G20 meeting. Read more

Kiran Stacey

Here at the CBI’s climate change summit, most of the anger towards government has centred on the changes to the carbon reduction commitment (CRC), which has seen money originally earmarked for businesses with good environmental performances going to the Treasury instead. The BBC’s Roger Harrabin summed up the feeling in the room when he described it as the government “nicking your CRC dividend”.
So business leaders are relieved to hear Chris Huhne, the energy secretary, make some concessions today.  Read more

Kiran Stacey

The director general of the CBI, the foremost British business lobby group, has been outlining this morning his vision of where the UK business sector is in meeting its climate change commitments.
Speaking at the CBI’s climate change summit in London, Lambert made a fairly downbeat assessment of what has been achieved in the past three years. And he had two simple messages for UK policymakers: be consistent and stop hyping green jobs. Read more

Sheila McNulty

Today is D-day. D standing for Dynegy. Yes, at long last the deal that has had the power sector at the edge of its seat for months will be settled one way or the other. Read more

Sylvia Pfeifer

With just over a fortnight to go before climate talks start again in Cancun, a new report warns that the renewables share in final energy consumption will be “very difficult to meet”. Read more

FT Energy Source

- Nat Rothschild creates a mighty miner – The Times (£)
- Vallar deal plays to Rothschild family strengths – FT
- Blackstone increases offer for Dynegy – FT
- BP shuts North Sea field over Iran ban – The Telegraph
- BP ‘lacked operating discipline’ before Gulf blast – Bloomberg
- Spill commission defends its top lawyer – NY Times Green blog
- There will be fuel – NY Times Green blog
- GE invests in smart grid – Reuters
- Solar industry seeks US grant extension – Argus
- Reactor plans clear UK regulatory hurdle – FT
- Schwarzenegger demands action at final climate summit – The Guardian
- Next Congress ‘may slow green job growth’ – Reuters
- Kepco falls after Turkish talks fail – FT
- Polish power: Coal-fired source of a looming dark age – FT Special Reports Read more