Five energy predictions for 2023
Reaction’s energy guru peers into his crystal ball on gas, oil, petrol, Net Zero and COP28.
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Reaction’s energy guru peers into his crystal ball on gas, oil, petrol, Net Zero and COP28.
Returning to the Square Mile after more than a decade, much has changed. But there are many familiar comforts to rediscover too.
The UK’s energy plan was and remains a good one as it picks its way carefully between the intermittency of renewables and the need to use natural gas.
Instead of the annual cycle of disappointment, there needs to be more time between events for tangible progress to be made.
Regulation and changing norms make the mining giant’s bribery in Africa an outlier. But poor behaviour will not vanish overnight.
After another screeching U-turn, Rishi Sunak will be amongst hundred or so green glitterari who will be jetting into Sharm el-Sheikh next week for the annual climate change talking shop.
Evidence that Europe cannot be blackmailed by a murderous tyrant is encouraging. But there are still tough times ahead.
The UK is likely to make it through the winter uninterrupted, but it’s managing margins. It is incomprehensible that Truss hasn’t launched a programme to reduce demand.
The Government has made poor progress in managing the energy crisis so far.
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