Siemens, Europe’s largest engineering company, has lost patience with its CEO after Peter Loescher’s expansion into green energy and expensive acquisitions led to a fifth profit-forecast cut. Supervisory board officials have asked for the 55-year-old Austrian native to be ousted. http://www.thegwpf.org/green-energy-disaster-sinks-siemens-ceo/
A new survey devised by Heriot-Watt MSc student Ebenezer Ashie seeks to understand what the motivations have been for those that already own wind turbines in the county and those that want to consider owning one. He is also keen to find out from people the reasons why they would Read more
Swingeing green stealth levies on energy bills are ‘perverse’ and should be scrapped, MPs warn today. A major report says the taxes are hitting poorer families hardest. MPs also call for middle-class pensioners to lose their winter fuel allowance, with the savings redirected to help low-income households insulate their homes. Read more
A lack of transparency about energy company profits is undermining trust in the energy market and Ofgem is not taking all the action necessary to tackle the issue and restore consumer confidence, MPs on the Energy and Climate Change Committee have warned in a new report. They want to see Read more
PLANS to create 2,000 jobs by turning a defunct oil yard into a major wind turbine manufacturing base could be blown off course by a powerful conservation body. http://www.pressandjournal.co.uk/Article.aspx/3331656