OPEC Faces Uphill Struggle After IEA Find 230million Barrels Of Oil Storage

Jonny Mulligan | Posted 14.08.2017 | UK
Jonny Mulligan

The only good news is that producers have reduced a lot of the costs out of the process and are prepared to endure a prolonged period of lower prices.

Osborne Continues His 'Edward Scissorhands' Approach of Random Cuts

Kristian Niemietz | Posted 29.11.2014 | UK Politics
Kristian Niemietz

Working-age benefits will now be frozen for two years, a measure which follows an earlier 1% uprating cap from 2012. This is a way of cutting 'by stealth', i.e. letting inflation do the job that Osborne and his colleagues should be doing.

Fracking Does Not Mean the End of Opec - It is Not All it's Cracked Up to Be

Nehad Ismail | Posted 31.08.2014 | UK
Nehad Ismail

Fracking presents a new challenge for OPEC, as well as opportunities. The International Energy Agency (IEA) predicts that, over the next five years, one-third of the new oil production of the world will be developed in the USA. By 2020, the US will be a net exporter of gas. By 2035. It will be energy self-sufficient, they say...

Osborne's Budget 2014: The Good, the Bad and the Ugly

Ryan Bourne | Posted 19.05.2014 | UK Politics
Ryan Bourne

With the fiscal situation still tight, and a year to go before an election in which the Chancellor will accuse the opposition of fiscal profligacy, it was never likely that this was going to be a particularly exciting budget - and so it proved.

The Autumn Statement Brought Good News - But Not Enough for the Self-Congratulation We Saw

Dr Steve Davies | Posted 04.02.2014 | UK Politics
Dr Steve Davies

After several years of generally bad years, everyone will welcome the good news that the Statement contains. However we have good reasons to think that the medium term prospects are not as rosy as the Chancellor thinks...

Who's the Daddy? - A View From the Tory Party Conference With Nigel Farage

Janice Atkinson | Posted 23.01.2014 | UK Politics
Janice Atkinson

This week, I went to Manchester to the Tory party conference. Not as a Tory this time, but a happy Ukipper... The excellent IEA event - a 'Fag and a Pint With Nigel Farage' was a chance to showcase the man, our policies, our philosophy and where we stand on many issues. Again, the room was a little cosy and Nigel was on good form. The Tories were in denial that we were there.

'HS2 Could Easily Become A Nightmare'

The Huffington Post UK | Asa Bennett | Posted 23.08.2013 | UK

Alastair Darling, the former Labour chancellor, has launched a vicious attack on the HS2 high-speed rail project, dismissing its economic benefits as ...

Women on Top - Should the EU Be Imposing Gender Quotas and Mis-Representation of Debate in Media

Janice Atkinson | Posted 15.10.2013 | UK Politics
Janice Atkinson

Stuart Wheeler clarified what he said. He doesn't have a sexist bone in his body - his wife and four daughters, all of whom I have met, would break his bones if he had. He said: "I pointed out that in certain areas, women did not do as well as men, and then I cited poker, bridge and chess.

Political Parties of All Stripes Must Make a Serious Effort to Cut Major Areas of Expenditure

Ruth Porter | Posted 26.08.2013 | UK Politics
Ruth Porter

To give the Chancellor credit, there is now no serious politician arguing that we don't need to reduce the deficit and find a way to run a balanced budget again in the long-term. Given we are spending almost as much this year on debt interest as we are on education, that is something to be thankful for.

Change My Mind: Should The NHS Consider Extra Fees?

The Huffington Post UK | Posted 25.06.2013 | UK

On Monday, the British Medical Association consultant warned that the NHS needed to "face the unpalatable truth that free at the point of contact can ...

Co-Payments Could Be Beneficial for Both the NHS and Its Patients

Kristian Niemietz | Posted 25.08.2013 | UK
Kristian Niemietz

But perhaps the most beneficial effect of a co-payment system would be in its impact on our attitudes as medical consumers. Whenever we pay for something ourselves, we are much less willing to put up with shoddy services. Co-payments would make us much less tolerant of the medical establishment's capriciousness.

British MoD Predicts Oil Prices to Reach $500 a Barrel by 2040

James Burgess | Posted 06.08.2013 | UK
James Burgess

It's all doom and gloom for the UK's Ministry of Defence! Unlike the conservative and relatively optimistic reports published by the government, a rec...

Unspectacular Growth Figures Reflect Need for Radical Action

Stephanie Lis | Posted 25.06.2013 | UK Politics
Stephanie Lis

With a budget deficit larger than that of Greece, a reduction in public spending is essential if the government wants to achieve sustainable and continuing economic growth. But the ring-fencing of areas of very high government spending has made it much harder for the Chancellor to come remotely close to balancing the books.

Expectations for COP18 in Doha

David Hone | Posted 26.01.2013 | UK
David Hone

This week sees the start of the 18th Conference of the Parties of the UNFCCC, or COP18 for short, in Doha, Qatar. This should be a busy transitional COP, with much on the agenda to resolve and important steps forward being taken toward a long term international agreement.

Five Short Stories From the World Energy Outlook

David Hone | Posted 01.06.2012 | UK
David Hone

The IEA's World Energy Outlook (WEO) is an annual tradition, the result of much work, data analysis and presentation. A formative volume is produced for all to read and digest, but few of  us have the time to do so in the detail required.

Overseas Aid Budgets Should Be Cut, Say Influential Lords

The Huffington Post UK | Asa Bennett | Posted 29.03.2012 | UK Politics

The Government has been urged to drop its drive for increasing aid to help developing foreign countries by a group of Lords. The government has pl...

Supporting Renewable Energy is More Important Than Ever Before

Nick Molho | Posted 15.01.2012 | UK
Nick Molho

Renewable energy has an urgent and substantial role to play in our energy supply. Yes, there are important initial costs that come with supporting them, but these costs are absolutely dwarfed by those the world economy will have to bear in trying to adapt to the worst impacts of climate change.

World Will Reach Point Of No Return In Five Years, Say Climate Change Scientists

The Huffington Post UK | Paul Vale | Posted 09.01.2012 | UK

The world is on the brink of irreversible climate change, according to a report released on Wednesday by the International Energy Agency (IEA). ...

High Speed Rail's Hidden Costs Are Mounting, Say TaxPayers' Alliance

The Huffington Post UK | Felicity Morse | Posted 15.11.2011 | UK Politics

More than £28 billion of taxpayers’ money will be needed to cover the hidden costs of the High Speed Two (HS2) project, according to an investigati...

Politicians Should Get Out of the Transport Market - Starting with High Speed 2

Dr Richard Wellings | Posted 20.09.2011 | UK Politics
Dr Richard Wellings

HS2 exemplifies the government's flawed approach to transport policy. It is a centrally-planned, highly political project with all the deficiencies that implies.

High Speed Rail 'Economically Flawed'

PA | Posted 18.09.2011 | UK Politics

PRESS ASSOCIATION -- The Government's proposed £32 billion HS2 high-speed rail project is "economically flawed", according to a new report. The sc...