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United Kingdom: Solar could provide as much power as Hinkley Point C for half the subsidy cost

2015-10-20 17:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: As the official state visit of Chinese President Xi Jinping looks set to include a big announcement on Chinese backing for the new power station at Hinkley Point, the Solar Trade Association has undertaken analysis showing that solar PV could provide the same amount of electricity for half the subsidy cost. The analysis shows that a combination of solar, storage and other flexibility mechanisms would cost consumers roughly 50% less than Hinkley Point C over the 35 year lifetime of the Hinkley...

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China 'highly polluting project' decision to spur coal subsidy talks

2015-10-01 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: China's promise to curb public funding of "highly polluting projects" has isolated Japan and increased the pressure to close a deal to phase-out coal export subsidies after months of wrangling. The Paris-based Organisation for Economic Cooperation and Development has been hosting talks on the issue since last year. Japan, wary of regional competition from China, has been at the vanguard of opposition to phasing out coal export credits that help OECD nations send coal plant technology abroad...

Tags: china project highly decision

 
 

New Report Exposes Hidden Fracking Subsidy on Public and Tribal Lands

2015-09-30 16:26:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: A new, peer-reviewed report from Friends of the Earth brings to light one of Big Oils most overlooked subsidies: royalty-free flaring on public and tribal lands. As the fracking boom spreads across the country, companies eager to tap profitable shale oil are burning away--or flaring--natural gas in record amounts. This practice increases air pollution and sends climate-busting carbon dioxide directly into the atmosphere. Last updated 35 years ago, existing federal guidelines allow widespread...

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SNP demands wind farm subsidy U-turn

2015-07-23 02:07:07| BBC News | Business | UK Edition

The UK government should relax its clampdown on onshore wind subsidies, the Scottish government says.

Tags: wind farm demands subsidy

 

Minister invite in wind subsidy row

2015-06-24 13:29:17| BBC News | Business | UK Edition

The UK and Scottish energy ministers will meet in Scotland later this year following a row over the early end to subsidies for new onshore wind farms.

Tags: wind invite minister row

 

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