Britain’s low carbon energy revolution is actually saving money for households, a report says. Households make a net saving of £11 a month, according to analysis from the Committee on Climate Change. It calculates that subsidies to wind and solar are adding £9 a month to the average bill, but that rules promoting energy efficiency
Carmakers face short-term pain and long term gain THE high-pitched whirr of an electric car may not stir the soul like the bellow and growl of an internal combustion engine (ICE). But to compensate, electric motors give even the humblest cars explosive acceleration. Electric cars are similarly set for rapid forward thrust. Improving technology and
An overhaul of UK car tax rules will increase the cost of motoring – but not if you’re buying a Nissan LEAF On April 1, the system for taxing new cars in the UK, known as Vehicle Excise Duty (VED), is being radically overhauled (click here for details). The revamp will make it more expensive
Brexit, migration and climate pressures mean our ‘too big to fail’ global food chain could unravel The UK’s clock has been set to Permanent Global Summer Time once more after a temporary blip. Courgettes, spinach and iceberg lettuce are back on the shelves, and the panic over the lack of imported fruit and vegetables has
The world has begun a rapid switch to electric vehicles. In the first half of this year, worldwide sales were up 57 per cent to 285,000, despite low oil prices, and there are now more than 1m electric cars on the world’s roads for the first time ever. Last February, Bloomberg New Energy Finance (BNEF)
Movie buffs will recognize this title as the most memorable line from “A Few Good Men” (1992), spoken by the character Colonel Jessep, played by Jack Nicholson (“You can’t handle the truth!” is #29 in the American Film Institute’s list of 100 top movie quotes). I hereby propose it as the subtext of the recently
It can be very confusing to know that you won’t find a decent job, pay off student loans or put in a down payment on a house in the next few years — even though you may have graduated from a top-tier university or secured glowing references from all those unpaid internships that got you to where
British MPs launch landmark report on impending environmental ‘limits’ to economic growth A report commissioned on behalf of a cross-party group of British MPs authored by a former UK government advisor, the first of its kind, says that industrial civilisation is currently on track to experience “an eventual collapse of production and living standards” in
Britain’s property prices are skyrocketing but household earnings and savings can’t keep up. Couple this with the amount of debt Britons are taking on and it looks like the UK’s property market is heading for a crash. Why? — Because getting a mortgage is possibly the most debt you’ll take on in one go and
For the third time this century, you are here… Just in case you did not comprehend this, here is the easier to understand version… Source: Zero Hedge
