Tim Yeo, chairman of the U.K. Parliament’s Energy Committee, denied he’d coached a witness who was preparing to give evidence at one of his own hearings, after undercover journalists recorded him saying he had.
U.K. Prime Minister David Cameron and Chancellor of the Exchequer George Osborne face a rebellion within their own party after rejecting proposals to include a target for cutting carbon in new energy-market legislation.
U.K. ministers should accelerate funding for carbon-capture and storage projects by Drax Group Plc and SSE Plc to kick-start a technology that’s vital for climate protection, a panel of lawmakers said.
U.K. Parliament Energy and Climate Committee Chairman Tim Yeo told Sky News in an interview that Germany is “panicking” and has “overreacted” by closing its nuclear power plants, and he said it wouldn’t be “sensible” for the U.K. to do the same.
A plan to build a 25 billion-pound ($39 billion) tidal dam-like structure to generate as much as 5 percent of the U.K.’s power doesn’t provide value for money and may pose a risk to the environment, a government report found.
The U.K. government’s proposal to overhaul the electricity market is “unworkable” because the Treasury isn’t willing to back contracts needed to spur clean energy, a panel of lawmakers in Parliament said.