Blog
Fossil fuels slip further out of favour
21st May 2015
Two developments in recent days indicate that concerns about climate change are having profound effects on major energy companies.
In the first, SSE (Scottish and Southern Electricity) announced that they will be closing their Ferrybridge coal-fired power-station next year. One of the big trio of Yorkshire coal-fired power-stations located where the River Aire flows across the Yorkshire coalfield (the others being Everthorpe and Europe's largest coal-fired power-station - Drax), the decision is significant in both energy supply terms as well as environmental messages.
The second is the power of investors to demand that one of the world's biggest oil companies acts in ways that are not likely to intensify global climate change.