Archive for November 6th, 2013

United Kingdom: Government ‘action’ on water bills amounts to no more than begging

Guardian: Spooked by the beating the government is taking over soaring energy bills, prime minister David Cameron's spokesman last week trailed "action" on another fast rising utility cost: water bills. "The prime minister wants to see household costs across the piece being reduced as low as possible. The intention is to try to reduce the burdens on hard-pressed families. There will be some action next week from the department of environment, food and rural affairs with the intention of looking at water...

Carbon credit scam firms closed

Press Association: More than a dozen companies that "preyed on older people" through carbon credit scams have been closed by the industry's regulator, a minister has announced. Consumer Minister Jo Swinson said the offending companies carried out a particularly contemptible scam More than a dozen companies that "preyed on older people" through carbon credit scams have been closed by the industry's regulator, a minister has announced. Nineteen firms that attracted investments of nearly £24m from more than 1,500...

Fracking Is “the Biggest Boom Since the Housing Bubble”: Will It End the Same Way?

Daily Ticker: Forty years after the Arab oil embargo, the U.S. has become the world's largest oil and gas producer. This is largely the result of fracking, the shortened name for hydraulic fracturing, which uses water and chemicals injected into rock at very high pressures to release the oil and gas embedded within. Recent advances in this decades-old method of drilling have produced more oil and gas in the U.S. than most thought possible. "Fracking is the biggest boom since the housing bubble...and even maybe...

Australia: Shoppers warned: food prices may not fall when carbon tax is scrapped

Guardian: Food and grocery prices may not fall when the carbon tax is repealed and struggling food manufacturers could be forced to continue to pay the tax in their power bills for 18 months after compensation schemes offered by the former Labor government had been abolished. The warning, from the Australian Food and Grocery Council, comes after cautions from electricity generators and retailers that they can't guarantee domestic power bills will fall by Tony Abbott's promised 9% and from the Australian...

Climate change ‘exaggerated’, says former Australian PM

Guardian: John Howard has told an audience of climate sceptics in London that Tony Abbott's defiance on global warming in the face of left-wing zealotry was the foundation of his electoral victory in September. In a lecture at the Global Warming Policy Foundation, established by former Thatcher minister and climate sceptic Nigel Lawson, the former Australian prime minister insisted that the high tide of public support for "overzealous action" on global warming has passed. "I am very sceptical about the...