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...expected by 2030.”...
...The move was part of a series of retreats by the government from measures aimed at tackling climate change....
...Additional reporting by Lucy Fisher...
...A bankruptcy filing by Enviva had long been expected after it failed to make an interest payment earlier this year....
...One of the world’s biggest producers of wood pellets sold to power utilities has filed for US bankruptcy, a downfall for a business seen by investors as a promising source of green energy....
...Britain’s household energy price cap is set to fall by 12 per cent in April following a drop in wholesale gas and electricity prices....
...A recent much-discussed example is the £23mn yellow diamond necklace by Tiffany & Co worn by Lady Gaga at the 2019 Oscars....
...But the UK government is now trying to attract new developers as part of plans to develop 24GW of nuclear capacity by 2050, up from about 6GW today....
...The government wants to have 50 gigawatts installed by 2030, up from roughly 14GW today....
...It has also delayed by nine years the planned ban on oil and LPG-fired boilers, used by off-grid rural homeowners that was due to come into effect by 2026....
...The plans mark a bet by the Gulf state that strong demand for the fuel will continue, with Asian economies switching from coal as part of efforts to cut carbon dioxide emissions. Read more here....
...Those included 1.5mn customers left behind by one its largest competitors, Bulb, which the company took on under a government process that has triggered accusations of unfairness from rivals....
...By contrast, emissions from fossil fuel energy production in the US fell by 4.1 per cent despite its economy growing by 2.5 per cent, as lower gas prices helped it generate more electricity from gas rather...
...The government has set a target of having up to 13 gigawatts of offshore wind installed by the end of the decade, and up to 55 gigawatts by the end of 2050....
...The government wants the UK to have 50GW of offshore wind capacity by 2030, up from about 14GW now....
...The government has said it remained committed to its legally binding target of cutting carbon dioxide emissions to net zero by 2050, as well as to interim targets....
...That helped buoy shares, which rose 3 per cent to 138.20p by late morning on Thursday....
...“For a company like ours — if interest rates go up by 3 per cent, that more than eliminates all the profit of a huge investment.”...
...Energy; and Electricity North West, owned by a consortium led by Kansai Electric Power....
...Centrica has raised its dividend by a third after making £2.8bn in annual profits....
...Britain’s household energy price cap is set to fall by 12 per cent in April following a fall in wholesale gas and electricity prices....
...As the group, which is 50.1 per cent owned by the Danish government, tries to stabilise itself, chair Thomas Thune Andersen will step down after almost a decade in the job....
...Additional reporting by Kana Inagaki and Sylvia Pfeifer....
...In a report this month, oil and gas supermajor Shell forecast global demand for LNG would climb by more than 50 per cent to reach 625mn to 685mn tonnes by 2040, and would continue to grow during that decade...
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