New dash for gas 'will increase energy prices' - 22/06/2011
Householders might wish to compare energy prices ahead of a new "dash" for gas.
According to Green Alliance, energy customers could see the cost of gas rise as the price of cutting the UK's carbon emissions increases, the Telegraph reported.
Matthew Spencer, director of Green Alliance, commented: "It's not in the UK's national interest to have a second dash for gas in this new carbon-constrained era. It will impose higher overall costs on the UK economy if the government consents to too many gas plants in the wrong place and doesn't incentivise carbon capture and storage of gas."
He noted that the first dash for gas in the 1990s was beneficial to the country because it helped slash electricity bills and carbon emissions as more factories switched from coal-fired to gas-powered.
Meanwhile, industry watchdog Ofgem is to launch an investigation into ScottishPower's price claim on one of its recent offers.
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