Energy

£2billion in UK green home grants

What’s Going On Here? Hundreds of thousands of homeowners will receive vouchers for energy-saving home improvements in England, with the poorest getting up to £10,000. What Does This Mean? A £2bn grant scheme has been announced as part of a wider £3bn “green investment” package announced in the chancellor’s summer statement yesterday.The scheme is a welcome injection of cash into the home retrofit industry,…

Fuelling the Climate Crisis

What’s Going On Here? Sometimes good news comes from the most unexpected of places. So it was this week with a report leaked from JP Morgan that acknowledged, in no uncertain terms, the threat posed by climate change: “we cannot rule out catastrophic outcomes where human life as we know it is threatened” JPM’s economists warned their shareholders. What Does This Mean? Feel like…

Under the magnifying glass: A new type of solar energy

What’s Going On Here? Technology has been developed to produce carbon-free energy from the sun, powerful enough to rival fossil fuels. This is the first time renewable energy has been able to be used for powering heavy industries, such as the manufacturing of concrete, steel and petrochemicals. What Does This Mean? The technology is called ‘concentrated solar power’. It works by using…