Deal to Reopen Hormuz Kicks Off Long Effort to Ease Energy Crisis

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© Reuters

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Government plan to de-link gas and electricity prices aims to reduce bills for consumers after global surge in prices
Households in England, Scotland and Wales could save nearly £200 a year on their energy bills if the government stepped into the market to act as the sole buyer of electricity, according to a thinktank.
The research found that public procurement of electricity, meaning the government would become the “single buyer” of power before it is resold to consumers, could shave billions of pounds from electricity prices.
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© Photograph: Bloomberg/Getty Images

© Photograph: Bloomberg/Getty Images

After a 50-year search, astronomers have uncovered evidence that Sagittarius A* -- the 4.3-million-solar-mass black hole that resides at the center of our Milky Way Galaxy -- is blowing a hot cosmic wind into its surroundings, carving out a giant cavity near the Galaxy’s heart.
The post Astronomers Finally Find Milky Way’s Missing Black Hole Wind appeared first on Sci.News: Breaking Science News.
We cannot afford to make the same mistake as we did with gas. If tech companies are going to use our land, energy and water for AI, they must pay their fair share of tax
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Over the past few months, tens of thousands of Australians have emailed their local MP calling for a 25% tax on gas exports. More than 2,200 people have even chipped in their own money to fund billboards promoting the idea.
Why?
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© Photograph: Lukas Coch/AAP

© Photograph: Lukas Coch/AAP

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Paleontologists have confirmed that Praearcturus gigas, a creature that prowled shallow waters during the Devonian period, 415 million years ago, is the largest scorpion ever found.
The post Giant Scorpions Ruled Ancient Britain during Devonian Period appeared first on Sci.News: Breaking Science News.
Some will question its credibility – but the alternative future to the one imagined in the Global Justice Report is far more bleak
‘An equal and habitable world is possible’: academics set out sweeping vision for planetary survival
In our increasingly dystopian world, who wouldn’t want to at least be open to a utopian antidote? The Global Justice Report, published on Thursday, outlines how to build a prosperous, equitable world within safe planetary boundaries. It’s a push from the modern eco-socialist left in a global battle for ideas that will shape the future.
Based on past social achievements and future energy transformation, it indicates that the overwhelming majority of people on the planet could, by the end of the century, work less and earn more – while keeping temperatures down and avoiding much of the current destruction of nature. It is an ambitious, comprehensive and upbeat plan, and a stronger argument around which to build a political campaign than abstract goals of net zero or decarbonisation.
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© Photograph: Emmanuel Croset/AFP/Getty Images

© Photograph: Emmanuel Croset/AFP/Getty Images

















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While Westminster’s attention is focused on Andy Burnham and Makerfield, another pivotal byelection is taking place in Scotland’s north-east
The coming byelection in Makerfield, from where Andy Burnham aspires to make rapid progress towards Downing Street, is perhaps the most consequential in British political history. But the decision by the Scottish National party’s former Westminster leader, Stephen Flynn, to relocate to Holyrood means that another pivotal contest is taking place more than 350 miles to the north. If Makerfield is a test case for Mr Burnham and Labour’s ability to see off Reform UK, Mr Flynn’s old constituency of Aberdeen South is on the frontline of the increasingly fraught politics of North Sea oil.
Labour, despite finishing second in the 2024 general election thanks largely to anti-Tory tactical voting, will not be expecting much this time round. The ramifications of Donald Trump’s reckless war in Iran have exposed Britain’s ongoing vulnerability to fossil-fuel-related energy shocks, highlighting the practical benefits of moving to a green economy. But the knock-on effects of the closure of the strait of Hormuz have also been a gift for the Scottish Conservatives and Reform, who are framing the byelection as a local referendum on reviving oil and gas production beyond Westminster-imposed limits.
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© Photograph: Iain Masterton/Alamy

© Photograph: Iain Masterton/Alamy
Grattan Institute calls on Labor to set policies that will further reduce the use of gas in order to meet net zero targets
After more than a half a century of growth, the use of gas in Australia has peaked in all sectors and entered a “structural decline”. But use will need to fall fast to meet climate targets, according to new research from an influential thinktank.
The Grattan Institute warned the government had failed to acknowledge the decline and instead needed policies to further reduce gas use and avoid the need for expensive carbon capture technologies to meet net zero targets.
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© Photograph: Manfred Gottschalk/Getty Images

© Photograph: Manfred Gottschalk/Getty Images
Labour leadership hopeful says NI reduction for firms could ‘incentivise’ hiring, particularly of younger people
Wes Streeting has backed calls for national insurance cuts for businesses, and for the government to drill for oil and gas in the North Sea.
The former health secretary and potential Labour leadership candidate told the Sunday Times there should be a “targeted reduction” of employers’ national insurance contribution as a way to “actively incentivise” hiring, particularly of young people.
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© Photograph: Thomas Krych/Zuma Press Wire/Rex/Shutterstock

© Photograph: Thomas Krych/Zuma Press Wire/Rex/Shutterstock
Guardian investigation shows how US presidency blurs line between policy and enrichment of American ruling family and those around it
On a graffitied Sarajevo backstreet, a path leads past an overgrown patch of garden to a white door. Beyond is the registered office of a company that is on the brink of winning contracts worth more than $1bn.
AAFS Infrastructure and Energy is close to securing a concession to build and operate a pipeline across the Balkans to allow fossil gas shipped from the US to replace supplies that come from Russia. “This could be the most important infrastructure project ever in Bosnia and Herzegovina,” says one of the country’s top officials, who, like others, asks to remain anonymous to discuss sensitive negotiations.
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© Photograph: AFP/Getty Images

© Photograph: AFP/Getty Images
Clean power remains essential. But until it arrives, Britain must stop LNG made scarce by the Iran war setting gas and electricity prices
The US-Israel war on Iran will drive household energy costs in Britain to their highest level in two years over the summer. This has given fresh impetus to calls for the energy secretary, Ed Miliband, to change course. The cabinet minister is vulnerable because he promised cheaper bills if Britain embraced his clean, green power plan.
Critics, including Labour’s former prime minister Sir Tony Blair, are circling. Yet Mr Miliband ought to ignore the naysayers. Until global carbon emissions, including Britain’s, are reduced to net zero, the planet will continue to fry and temperature records will continue to be broken.
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© Photograph: Loop Images Ltd/Alamy

© Photograph: Loop Images Ltd/Alamy