🏠 A new report says a “war effort” is needed to insulate homes in 2023 – after officials failed to take the opportunity “during the warmer months of 2022” when it became clear that consumers would be facing a huge rise in energy costs this winter
Juliet Phillips of climate think-tank E3G said that energy efficiency is “the number one solution to cut energy bills and emissions in the near-term” amid the transition away from fossil fuels.
“We have to be far more ambitious and move much more quickly to do this, supply chains and skills need to be scaled up across the country – something that won’t happen overnight. The committee’s report warned there are “significant gaps” in the Government’s Energy Security Strategy published following Russia’s invasion of Ukraine due to a lack of emphasis on energy-saving measures.
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Energy bills set to dip below energy price guarantee level from July, forecaster predictsA closely watched forecast suggests that while the taxpayer may be off the hook for energy support to households from the summer, bills will still be very high by historical standards.
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UK Government May Cut Energy Support For Business In Half To Save Taxpayer Money | OilPrice.comSupport for businesses to help them cope with swelling energy bills will halve in the spring to avoid taxpayers holding the bag if oil and gas prices surge again, according to The Times.
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UK needs ‘war effort’ to cut energy bills and carbon emissions, say MPs\n\t\t\tGet local insights from Lisbon to Moscow with an unrivalled network of journalists across Europe,\n\t\t\texpert analysis, our dedicated ‘Brussels Briefing’ newsletter. Customise your myFT page to track\n\t\t\tthe countries of your choice.\n\t\t
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UK needs ‘war effort’ to cut energy bills and carbon emissions, say MPs\n\t\t\tGet local insights from Lisbon to Moscow with an unrivalled network of journalists across Europe,\n\t\t\texpert analysis, our dedicated ‘Brussels Briefing’ newsletter. Customise your myFT page to track\n\t\t\tthe countries of your choice.\n\t\t
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Energy crisis: MPs call for 'war effort' on insulationReport says opportunities were missed last summer to improve the energy efficiency of homes and save money on gas.
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Tesla says it delivered record 1.3 million vehicles in 2022However, Elon Musk's electric car maker missed Wall Street forecasts for the last three months of the year.
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