Tectonic shifts – NEF Blog

This issue contains

• Growth of renewables
• Sir David King ‘Apollo’ call on why Government support is still needed
• Norway’s decision to divest $900bn from fossil fuels
• The ex Shell chairman’s statement the divestment is a rational decision

Sign on here: http://www.neweconomics.org/page/s/sign-up-to-energy-crunch

DECC budget details show limited scope for cuts – The limited scope for spending cuts at the Department for Energy and Climate Change (DECC) has been laid bare, in details released to Carbon Brief under freedom of information rules.

‘Moon shot’ call on clean energy – A group of scientists and economists is calling for the equivalent of the Apollo space programme to produce cheap, clean energy.

Will Osborne be able to resist the appeal of Apollo? – It is an important question, given the project’s ability to meet its goal of bringing down renewable energy costs to below that of coal power depends to a large extent on the ability to secure the $15bn a year.

British companies call for government action on climate change – Eighty British businesses urged the government on Wednesday to take decisive action to fight climate change and build a low-carbon economy in a letter to Prime Minster David Cameron.

Andy Burnham to call for moratorium on fracking – Labour leadership favourite wants drilling for shale gas to stop until stronger scientific evidence of safety can be provided.