New carbon floor!

Posted on 28 Jan 2021
Share Blog Post
Yesterday the Government introduced the new "carbon floor" - this is a mechanism designed to make sure that fossils fuels don"t get too cheap compared to their horrendously expensive "renewable" alternatives, reports accountants Northampton Harris & Co. Oh and this was no April Fool"s joke. Whilst businesses in the USA are enjoying cheap energy bills courtesy of the centuries of shale gas reserves they"ve found, UK businesses will be hamstrung with high energy prices for years to come as the Government dashes headlong towards "renewable" energy.
 
But is this pursuit of so called "green" energy really useful? In 2010 81% of the world"s energy came from fossil fuels. Even with the most optimistic forecasts for renewable energy, such as solar and wave power, that figure will only have fallen to 79% by 2035!

View more blog posts

Interest rate strategy
Posted on 27 Feb 2024
Interest rate strategy
read more
Tax investigations reduced
Posted on 26 Feb 2024
Tax investigations reduced
read more
High taxes hurt
Posted on 23 Feb 2024
High taxes hurt
read more
High banking charges hurt
Posted on 22 Feb 2024
High banking charges hurt
read more
Back To Top
01604 660661