British Gas raise prices by 14%

09 September 2005

It is easy when prices rise you just pass them on to the consumer. British Gas appear to manage their risk by applying price rises.

There is no doubt that gas and power prices have risen. Some of this is due to fundamental change in the structure of end user prices. The advent of carbon prices has meant that these costs have been inadvertently passed on to Joe Public. Powerisk believes that when the carbon market was set-up it was not designed to make power prices more expensive at the cost of reducing carbon emissions. It explains why the Americans are not going to embrace Kyoto, a market which looks to cap production through a regulated false market only sends the price in one direction. Admittedly this price rise can be used to fund new technologies but in reality there are more and more players who get fat as the supply chain widens to reflect escalating costs.


Carbon  Climate Change 

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