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The British government begins a review of long-term energy costs

Rocky

Rocky: Admin Assist; Posts : 281390
Join date : 2012-12-21

Post n°1

The British government begins a review of long-term energy costs

by Rocky Sun Aug 06, 2017 4:22 am

The British government begins a review of long-term energy costs

LONDON (Reuters) - The British government began a review on Sunday on how best to cut long-term energy bills for homes and businesses partly because of concerns that rising electricity costs could hurt industrial competitiveness.

The government said it was still committed to reducing greenhouse gas emissions in line with its current legal obligations but also wanted to reduce energy costs in Britain to the lowest level in Europe.

"We want to ensure that we continue to create opportunities to make energy costs as low as possible while denying our goals in climate change," said British Energy and Energy Minister Greg Clark.

The review was initially planned for January as part of a renewal of British industrial policy. Since then, concerns have been raised about rising energy costs for homes despite Prime Minister Teresa Mae's government retreating from its proposals during the run-up to the election by setting a limit on some household energy bills.

http://economy-news.net/content.php?id=8591

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