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OBAMA ON ENERGY
Pitching his energy and climate agenda to a joint session of Congress last February, President Obama warned of the "ravages of climate change" and asked the House and Senate to send him legislation to send me legislation "that places a market-based cap on
Unemployment is down to 2.46 million
Unemployment fell for the first time in 18 months, according to the Office for National Statistics. Under the Labour Force Survey (LFS) count, unemployment fell by 7,000 to 2.46 million in the three months to November.
KEEP OLD COAL PLANTS OPEN SAYS E.ON
Mothballed coal plants are vital back-up, says Paul Golby chief executive of E.ON UK
UK â€œOVER ACHIEVEDâ€ ON CARBON CUTS â€“ MILIBAND
ENERGY and Climate Change Secretary Ed Miliband said today that Britain is on course to over-achieve on its carbon reduction budgets, with an estimated 36 per cent cut on 1990 levels projected by 2020.
Obama vows to tax cash-rich Wall Street
Britain's banks face a bn (Â£612m) annual levy to meet Barack Obama's 10-year "financial crisis responsibility fee", which was announced today by a US president infuriated at Wall Street's plans to pay out multimillion-pound bonuses.
Why shouldn't Kellingley and Thoresby have remained open into 2018?
In a report prepared for the NUM and TUC "Merits of UK Coal State Aid Application" it is argued that rather than close Kellingley and Thorseby in 2015 they could remain open until 2018. Other EU member states have and still are benefiting from the fund whilst making a case for extended funding.
"It can be seen that our European competitors are taking a strategic decision to support their coal industry during managed wind down of uncompetitive coal mines, and are providing substantial sums under European State Aid regulations. As an example, Germany’s closure plans are designed to address the social impact of job losses, and specifically to allow sufficient time to enable direct and indirect supply chains to adjust. To date the UK has made little use of state-aid provisions for the sector, either under the previous regulations or current Closure Aid."
The full report can be read here http://www.num.org.uk/uploads/26/1184.pdf