Tuesday, December 18, 2012

Energy Bill to create 'low carbon economy', says Davey


Energy minister Ed Davey has unveiled the government's much-trailed Energy Bill, setting out the roadmap for the UK's switch to "a low-carbon economy".

Energy firms can increase the "green" levy from £3bn to £7.6bn a year by 2020, potentially increasing household bills by £100.

But big, energy-intensive companies could be exempt from the extra costs of the switch to renewable energy.

See full Article: http://www.bbc.co.uk/news/business-20539981