The Energy Secretary, Chris Huhne, gave his first annual energy statement to Parliament yesterday. In his statement he predicted sharp energy price rises for UK businesses over the next 10 years as a result of various policies aimed at cutting the UK’s Co2 temissions. Scary stuff! According to Mr Huhne, “The era of cheap, abundant energy is over. We must find smart ways of making energy go further, and value it for the costly resource it is, not take it for granted.”
Source: BBC News online