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	<title>Solar Feed In Tariff Website &#187; energy legislation</title>
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		<title>The Oil Crunch Report highlights the need for renewable alternatives</title>
		<link>http://solarfeedintariff.co.uk/2008/11/the-oil-crunch-report-highlights-the-need-for-renewable-alternatives/</link>
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		<pubDate>Sat, 15 Nov 2008 17:43:19 +0000</pubDate>
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				<category><![CDATA[Environmental Investments]]></category>
		<category><![CDATA[UK Green Policy]]></category>
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		<guid isPermaLink="false">http://solarfeedintariff.co.uk/?p=77</guid>
		<description><![CDATA[<p class="MsoNormal" style="margin: 0cm 0cm 10pt; line-height: normal;"><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">The report, The Oil Crunch: Securing the </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">UK</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">’s energy future launched by Arup, FirstGroup, Foster + Partners, Scottish and Southern Energy, Solarcentury, Stagecoach Group, Virgin Group and Yahoo sets out a series of recommendations. The key warning in the </span>&#8230;</p>]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0cm 0cm 10pt; line-height: normal;"><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">The report, The Oil Crunch: Securing the </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">UK</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">’s energy future launched by Arup, FirstGroup, Foster + Partners, Scottish and Southern Energy, Solarcentury, Stagecoach Group, Virgin Group and Yahoo sets out a series of recommendations. The key warning in the report is that a peak in cheap, easily available oil production is likely to hit by 2013, posing a grave risk to the </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">UK</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> and world economy.</span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 10pt; line-height: normal;"><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">The report focuses on the need for the </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">UK</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> government to look towards alternative economic and environmental opportunities in order to combat the eventuality of Peak oil over the next decade. While </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">Britain</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> is certainly light years behind European states such as </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">Germany</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> in implementing practical energy legislation, the upcoming debate over the Energy Bill will undoubtedly open further debate into the need for the introduction of feed-in tariffs. In </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">Germany</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> they have proved a highly successful way of attracting investment into renewable energy production and some have predicted that German energy production could be one hundred per cent fossil fuel free by 2050. This would of course protect states such as </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">Germany</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> against any potential oil peaks over the next decades.</span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 10pt; line-height: normal;"><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">Currently the </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">UK</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> produces only five per cent of its energy by means of renewable sources compared to </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">Germany</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> with over fifty per cent. It is therefore considered essential that if the </span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US">UK</span><span style="font-size: 9pt; font-family: Verdana;" lang="EN-US"> is to meet its green targets and perhaps more importantly, protect itself from the fluctuating and unsustainable fossil fuel market it is essential that the government heed the warnings set out by the Peak Oil and Energy Security Taskforce.</span></p>
<p><span style="font-size: 11pt; color: #666699; font-family: Verdana; mso-ansi-language: EN;" lang="EN"> </span></p>
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