Key UN reports published in last two days warn urgent and collective action needed – as oil firms report astronomical profits The climate crisis has reached a “really bleak moment”, one of the world’s leading climate scientists has said, after a slew of major reports laid bare how close the planet is to catastrophe. Collective
Shell has posted profits of £8.2 billion ($9.5 billion) in Q3 2022, but has paid no windfall tax. This is more than double what the oil and gas major made in the same period during 2021, when it made $4.2 billion. It’s high adjusted earnings were due to strong trading and optimisation margins for
Home batteries can make your solar roof a much better investment. Home battery storage is moving from an exotic feature of the homes of the wealthy to a more mainstream option for any home with solar panels, incentivized by a new 30% federal tax credit. But If you think of batteries primarily as a backup
As talk about the threat of nuclear war is being heard against the backdrop of the Ukraine war—and with continuing fears about climate change and economic turmoil—people are beginning to wonder how they can prepare for the worst. Building Collapse (Image: F. Anzola/Flickr) Concerns about a nuclear "Armageddon" or global food shortages may
British Gas is offering heat pump installations for £4,999 in an effort to help customers reduce their emissions. The deal applies to a standard air source heat pump up to 7Kw and a dumb cylinder with a capacity up to 200L, and covers mechanical and electrical installation along with offering five years of interest-free credit
David Anderson first started worrying about shortages around the time of the Brexit referendum. After reading reports that supermarkets could face disruption, he thought it would be sensible to have some supplies set aside for emergencies. My first seedlings appear (Image: T. Larkum) He also realised he
The Energy Price Guarantee in its current form will now only run until April, according to newly appointed Chancellor Jeremy Hunt. Setting out new fiscal plans this morning, Hunt reversed much of what was announced in his predecessor Kwasi Kwarteng’s mini-budget on 23 September. While this did not include the total scrapping of the
Government announces plans to sever the link between renewables, nuclear and gas prices in new Energy Prices Bill. The Bill enshrines the support measures announced over the last few months into law, including the Energy Price Guarantee for domestic consumers and Energy Bill Relief Scheme for businesses and non-domestic properties. Additionally, it sets
A new energy flexibility scheme introduced by Octopus Energy could save customers £100 on energy bills and reduce demand during peak usage hours. Dubbed “Saving Sessions”, the scheme will entice customers of Octopus, who additionally have a smart meter installed, and around 5,000 businesses, to reduce energy usage at peak times with a financial incentive
While there is a risk of blackouts due to electricity shortages over the coming winter, National Grid ESO is ”cautiously confident”. The operator has released its Winter Outlook report, which this year models both the Base Case for the period 31 October 2022 to 31 March 2023, and an alternative scenario. This alternative is new for