An environmental “stealth tax” on business could raise hundreds of million of pounds for the taxman over the next five years through the auction of a large chunk of the next round of carbon emission permits - The Times
Britain's plans to build new coalfired power stations as part of the country's efforts to address its looming energy crisis will completely undermine the Bali agreement on climate change and discredit Gordon Brown's commitments to reduce greenhouse gases, according to one of the world's leading climate scientists. The warning will be made directly to the Prime Minister this week in a letter from James Hansen, the director of the Nasa Goddard Institute for Space Studies in New York, who will urge Mr Brown to block plans to build up to eight new coal-fired power stations - the first in 30 years - The Independent
Environmental campaigners fear the Bali climate change plans are "fatally flawed", as the dust settles on last week's international talks. As the finer details of the Bali negotiations emerge, conservationists say the so-called "road map" to combat global warming lacks a destination - Daily Telegraph
Rising natural gas and electricity prices are creating an unexpected problem for businesses this Winter, and another worry for the Bank of England - Financial Times
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