As reported in the Financial Times last weekend and confirmed by the government’s business department on the 12th October, a price cap on low-carbon electricity generators will be introduced. While the business department’s “Cost-Plus Revenue Limit” announcement,...
In 1976, the Labour Party government of Harold Wilson created the British National Oil Corporation, BNOC. The Yom Kippur war in 1973 and OPEC’s subsequent oil embargo had caused consternation in the Western world and led to Governments scrambling for oil supply....
