The negative impact that spikes in global oil, gas and coal prices have on the UK could be reduced by over 50% in 2050 as a result of climate change policies, that’s according to Edward Davey, Secretary of State for Energy and Climate Change. The analysis, produced by Oxford Economics and commissioned by Government, shows [...]

Green policies could halve the negative impact of spikes in fossil fuel prices by 2050, according to a new report. The Department of Energy and Climate Change (DECC) said that the negative effects of increases in global oil, gas and coal prices have on the UK could be reduced by using low-carbon forms of electricity [...]