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Transcripts for BBCNEWS World Business Report 20210922 04:33:00

And thinking of the power sector as well, alongside the record gas prices, coal and carbon prices are at record heights and that is feeding into the high power prices. the price of c02 is 50 euros a time, more than double the level it was a year ago and the uk has a carbon price floor which adds a further 18 euros a ton premium on carbon mixing power sources in the uk, all of those things as you mention, wholesale power prices in the uk are now five times higher than they are a year ago and double that of neighbouring interconnected power markets such as france and belgium. in addition to this pricing premium can be largely explained by the high gas prices and high carbon prices but in particularfor the uk, its reliance on gas fired generation is somewhat higher than other european markets. so far this year to give you at a ....

Power Prices , Gas Prices , Power Sector , 450 Euros , The Uk , Carbon Mixing Power Sources , Carbon Price Floor , 118 Euros , Pricing Premium ,

The Carbon Capture and Storage Infrastructure Fund: an update on its design (accessible webpage)


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This publication is available at https://www.gov.uk/government/publications/design-of-the-carbon-capture-and-storage-ccs-infrastructure-fund/the-carbon-capture-and-storage-infrastructure-fund-an-update-on-its-design-accessible-webpage
In November 2020, the government published the Ten Point Plan for a Green Industrial Revolution, with commitments focused on driving innovation, boosting export opportunities, and generating green jobs and growth across the country to level up region ....

United Kingdom , Northern Ireland , United Kingdom Research , Department For Business , Net Zero Hydrogen Fund , Energy Industrial Strategy , Climate Change Committee , Industrial Strategy Challenge Fund , Storage Infrastructure Fund , Scottish Fund , Industrial Energy Transformation Fund , Ten Point Plan , Green Industrial Revolution , Carbon Budget , Carbon Capture , Spending Review , Cluster Sequencing , Carbon Capture Usage , Storage Deployment , Business Models , United Kingdom Continental Shelf , Ten Point , Emissions Trading System , Carbon Price Floor , Dispatchable Power Agreement , Allowed Revenue ,

Biden Wants $15 Billion for EV Charging Stations: Climate Update


Click here to see schedule of events for two-day summit
“No nation can solve this crisis on our own,” Biden said Thursday from the White House at the opening of the event. “All of us, and particularly those of us who represent the world’s largest economies, we have to step up.”
Here are some highlights:
Biden Seeks $15 Billion for EV Charging Stations (3:40 p.m.)
The Biden administration proposed Thursday spending $15 billion to install 500,000 electric vehicle charging stations along roads, parking lots and apartment buildings, as part of its infrastructure plan now before Congress.
Some of the money would go toward grants and incentive programs for state and local governments as well as private companies to install the chargers, according to a fact sheet from the White House that spelled out thre program in detail. ....

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