Here's an excellent reason for insulating all homes to the highest standards and developing renewable energy big time, in order to improve our health and wellbeing and cut our dependence on this polluting, pricey fossil fuel and the companies that make such profits from it whilst putting prices up and giving shareholders more: British Gas has reported a rise in profits for 2012 after colder weather led to people using more gas.
Profits from its residential energy supply arm rose 11% from a year earlier
to £606m. It said gas consumption had risen by 12%.
But there has been some criticism that the company increased its prices in
November when profits were rising.
Centrica, which owns British Gas, reported an adjusted operating profit of
£2.7bn for 2012, up 14% from 2011...full BBC story here. More on fossil fuels here, renewable energy here, and energy efficiency here.
Wednesday, February 27, 2013
Gas and greed
Labels: British Gas, Centrica, efficiency, fossil fuels, gas, insulation, pollution, prices, profit, renewables
Bristolian and Knowle-person, I'm working in my community for economic wellbeing, social justice and environmental protection, something I've done since the early 1980's. I've been an Open University Associate Lecturer in Environment since 1999, having previously been a science teacher and before that a research and development technologist. I've founded a community sustainability group, campaigned as a green activist, contested many elections at local and national level, been a governor in two Bristol schools and worked closely with those aiming for a sustainable city in a sustainable world. Pleased to be an Associate Member of the Institute of Environmental Management and Assessment (AIEMA).