New nukes
Gordon Brown will call for an acceleration of nuclear power today in a speech to business leaders designed to show he is focused on the long term and will not buckle in the face of negative headlines. During his annual address to the Confederation of British Industry, the prime minister will also give his personal endorsement of the third runway project at Heathrow.
Guardian 26th Nov 2007 more >>
Daily Mail 26th Nov 2007 more >>
Germany
German utility RWE’s new chief executive, Juergen Grossmann, said in a newspaper interview the country should rethink its nuclear-exit plan drawn up seven years ago between the government and power producers.
Reuters 25th Nov 2007 more >>
China
Areva SA won an 8 billion euro ($11.9 billion) agreement from China to build nuclear reactors, a record for the French company, as the fastest-growing major economy diversifies energy supplies.
Bloomberg 26th Nov 2007 more >>
Climate
Every household in Britain will have to pay at least £100 a year more for energy within the next two decades if the Government is to meet its failed promises to tackle climate change, a Confederation of British Industry task force warns today.
Telegraph 26th Nov 2007 more >>
Independent 26th Nov 2007 more >>
A report by a CBI taskforce published today and based on research by McKinsey claims the measures needed to address climate change present a huge opportunity for UK businesses to become world leaders in environmental technology, a vast emerging industry which the CBI claims could be worth $1 trillion in the first five years if governments can agree on an international framework to reduce carbon emissions. The taskforce’s report, which aims to build on the work of Sir Nicholas Stern, also said that it would be vital to achieve a high and stable price for carbon in order to stimulate business investment in new technology and energy efficiency. The report says that prices will need to rise from about €24 per tonne at present on the European emissions trading scheme to between €60 and €90 per tonne.
Times 26th Nov 2007 more >>