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U.K. Clean Energy Rules to Add 36% to Company Power Bills

2013-03-26 18:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The government is spurring renewables and nuclear power to meet the U.K.s target to cut greenhouse gases 34 percent in 2020 from 1990 levels. U.K. measures to curb carbon emissions may raise power and gas bills for the biggest corporate consumers by as much as 36 percent by 2020, the Department of Energy and Climate Change said. Energy-intensive companies will see energy bills soar by as much as 5 million pounds ($7.6 million) a year due to carbon taxes and support for nuclear and renewable...

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