• 11 hours PDVSA Booted From Caribbean Terminal Over Unpaid Bills
  • 13 hours Russia Warns Ukraine Against Recovering Oil Off The Coast Of Crimea
  • 15 hours Syrian Rebels Relinquish Control Of Major Gas Field
  • 16 hours Schlumberger Warns Of Moderating Investment In North America
  • 17 hours Oil Prices Set For Weekly Loss As Profit Taking Trumps Mideast Tensions
  • 18 hours Energy Regulators Look To Guard Grid From Cyberattacks
  • 20 hours Mexico Says OPEC Has Not Approached It For Deal Extension
  • 21 hours New Video Game Targets Oil Infrastructure
  • 23 hours Shell Restarts Bonny Light Exports
  • 24 hours Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 1 day Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 1 day British Utility Companies Brace For Major Reforms
  • 2 days Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 2 days Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 2 days Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 2 days OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 2 days London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 2 days Rosneft Signs $400M Deal With Kurdistan
  • 2 days Kinder Morgan Warns About Trans Mountain Delays
  • 2 days India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 2 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 3 days Russia, Saudis Team Up To Boost Fracking Tech
  • 3 days Conflicting News Spurs Doubt On Aramco IPO
  • 3 days Exxon Starts Production At New Refinery In Texas
  • 3 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 4 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 4 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 4 days China To Take 5% Of Rosneft’s Output In New Deal
  • 4 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 4 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 4 days VW Fails To Secure Critical Commodity For EVs
  • 4 days Enbridge Pipeline Expansion Finally Approved
  • 4 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 4 days OPEC Oil Deal Compliance Falls To 86%
  • 5 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 5 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 5 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 5 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 5 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 5 days Aramco Says No Plans To Shelve IPO
The Natural Gas Market Is Set To Boom

The Natural Gas Market Is Set To Boom

With the new lower-for-longer oil…

World Class Copper Auction Draws Major Interest

World Class Copper Auction Draws Major Interest

Peru’s mega Michiquillay copper is…

James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

David Cameron Shows his True Colours, Green Certainly is Not One of Them

David Cameron Shows his True Colours, Green Certainly is Not One of Them

The Sun newspaper has announced that British Prime Minister “David Cameron’s extraordinary transformation on the environment is complete,” after his supposedly ordered members of his government to get rid of all the green crap from energy bills.

The UK is facing record energy prices as the cost of living continues to rise. The effort to reduce energy bills has become a focal point in the political battle between the conservatives and the labour party as the country’s general elections approach in 2015. Ed Miliband took an early lead when he promised to freeze energy bills for 18 months if victorious in the poles. David Cameron has tried to combat this move by pledging to reduce green taxes, which energy companies have blamed for their rising prices; currently green levies add about £112 to the average household energy bill.

Related articles: Miliband’s Energy Price Freeze Lacks Long-Term Strategy

After Cameron was quoted as using the term “green crap”, Downing Street released a carefully worded response claiming that they did not recognise the quote, although this hardly matters as for some time Cameron has followed a path that moves ever away from his initial promise of creating the greenest government ever.

An anonymous senior Tory source told the Sun that, “we used to say: 'Vote blue, go green', now it's: 'Vote blue, get real'.”

According to the Telegraph the UK has the highest level of fuel poverty in the EU bar Estonia, so Cameron’s decision to reign in green taxes, which are used to fund alternative energy developments, is bemusing.

In August, a YouGov poll found that 78% of people support government funding for solar power installations, and 65% are in support of wind power. A separate poll by the Mail on Sunday in October showed that 75% of people do not believe the claims that green taxes are the reason for rising energy bills.

Related articles: UK Reviving European Nuclear Energy at High Costs

Craig Bennett, the campaigns director at the Friends of the Earth, commented that “it would come as little surprise if David Cameron did tell aides to ditch the 'green crap' - his government has been attacking environmental policies for years.

The reality is that protecting the planet and building a strong economy are two sides of the same coin.

The best way to protect cash-strapped households from soaring fuel bills is to end the nation's dependency on increasingly costly gas by investing in energy efficiency and home-grown renewable power.”

More details about which green taxes face the chop will likely be released in next month’s autumn statement.

By. James Burgess of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News