Madano’s energy and environment monitoring, featuring the UK’sproposal to double-count biofules to meet EU green targets, new shale gas drilling areas being revealed as communities are compensated for fracking, and record investment in renewable energy bring green jobs and growth to the uk and more.
UK proposes double-counting on biofuels to meet EU green targets
Britain has proposed a way to lower the European Union’s 2020 target for renewable energy by counting the contribution from biofuels twice and avoiding the need for billions of euros in investment, reports Reuters. read more.
New shale gas drilling areas to be revealed as communities promised £100,000 benefits from fracking
Large swathes of Britain will be opened up for shale gas drilling under plans that will see local communities promised £100,000 in benefits for every well subjected to fracking – even if no gas is produced. read more.
Record investments of £40 billion in renewable electricity to bring green jobs and growth to the UK
Additional investments of around £40 billion are expected in renewable electricity generation projects up to 2020, following recently published updated contract terms and strike prices and wider reforms to the electricity market. read more.