A bad week for Liam Fox, but rather a good one for the Prime Minister | Mail Online

But Huhne faces a major fight to preserve his green agenda in the face of mounting opposition from Chancellor George Osborne, who increasingly views it as an impediment to growth.

One senior Tory tells me: ‘There is a Huhne-Osborne war going on, which Osborne is not going to lose.’

The poverty of Britain’s energy debate | The Spectator

How big does Shale have to get before our policymakers wake up to its implications? There is an Energy Summit in No.10 today where Chris Huhne wants to focus on the need “to help consumers save money on their gas and electricity bills”. A preview interview on the Today programme underlined the dire situation. First, Huhne was not asked about how his own green regulations have massively contributed to the problem. Then, the managing director of British Gas was invited on to say that “unless someone discovers huge amounts of gas and imports it into the UK…”. And, bafflingly, no-one mentioned the small fact that one of BG’s rivals recently discovered 200 trillion cubic feet of gas near Blackpool. As Matt Ridley says in this week’s Spectator, that’s enough to keep the entire British economy going for many decades. And it doesn’t even need importing.

It’s being kept off the agenda because the big energy companies see this as competition from upstarts. Green warriors don’t want to know because it confounds their careful predictions of apocalypse — and destroys the rationale for subsidising hugely expensive renewable energy.

Airline Carbon Off Duty-Free List - Birmingham Post - Business Blog

According to the airlines, buying allowances is predicted to incur additional costs in the region of $10 billion by 2020.
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China may take things a stage further and even ban European airlines from flying into the country. This would be a massive blow for businesses across Europe as they look to increase business in China.