WhatFinger

Pressure to come clean on global warming levies intensifies

Stop hiding green fuel tax, firms told



By David Derbyshire, UK Daily Mail Power companies were under mounting pressure last night to come clean about the green ‘stealth levies’ secretly added to fuel bills – and tell customers exactly how much they are paying for Britain’s climate change revolution.

Consumer groups and MPs say energy suppliers should be forced to lay out on household bills how much customers are paying to subsidise green power and to end the UK’s dependence on coal, oil and gas. The call for greater transparency follows claims that global warming policies are adding up to £200 a year to the electricity and gas bills of millions of cash-strapped families.

Hydrofracturing Can Fix State Budgets

By Diana Furchtgott-Roth, Real Clear Markets WASHINGTON-To find a remedy for New York State's persistent fiscal problems, New Yorkers need only look down-far down. Miles below the Empire State's mosaic of cities, suburbs, villages, lakes, farms, and highways lie vast reserves of natural gas, currently off-limits to producers. IF Albany were to permit development of these clean energy resources, it would spawn new jobs, a surge of economic activity--and more tax revenues. How much more? A new study released Tuesday by the Manhattan Institute, a think tank where I am an adjunct fellow, estimates that in 2015 New York State could enjoy $1.7 billion in additional economic activity, 16,000 more jobs and $214 million in extra tax revenue if its natural gas reserves were developed.

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