UK economy

The Bank of England is probing into the precarious possibility of fossil fuel organisations causing a potentially catastrophic economic crash if emission policies alter, rendering their oil, coal and gas valueless. For those unfamiliar with the frequently touted 'carbon bubble'. There is a possibility the world could be heading into a large financial economic crisis. This is due to stock markets magnifying an...

Environmentalists say that a 40% reduction in energy use by 2030 via means of efficiency control that by 2030 we should see an increase in Britain's GDP by a whopping £62bn, whilst also creating 40,000 new jobs in the process. Reaching a lower target of 30% would boost the UK economy by £17.3bn and make way for 13,000 jobs, claims...