Cap-and-trade bill stirs West Virginia protests
An estimated 400 people gathered in Charleston recently in opposition to the so-called cap-and-trade proposal.
The U.S. House passed legislation last month that would cut carbon dioxide emissions, particularly from coal-fired power plants.
Rep. Shelley Moore Capito, R-W.Va., expressed concern about losing West Virginia coal jobs.
The bill requires power plants, factories, refineries and electricity and natural gas distributors to reduce the emissions linked to global warming. It also calls for more power production from renewable sources such wind and solar energy, and raises energy-efficiency standards.
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Seven small UK energy suppliers must pay renewables fees or risk losing licence
LONDON - Seven small British energy suppliers owe a total of 34 million pounds ($43.74 million) in renewables fees and could face losing their supply licences if they cannot pay, energy regulator Ofgem reports.
Under Britain’s energy market rules, suppliers of energy must meet so-called renewables obligations and feed-in tariffs which are imposed on them by the government to help fund renewable power generation.
Several small energy companies have gone bust over the past two years as they struggled to pay the renewables fees and as their profits were affected by a price cap on the most commonly used tariffs and fluctuating…
