Read this to see where Ireland’s energy future lies
The big six UK energy suppliers have been accused of “cold-blooded profiteering” after official figures showed they had more than doubled their retail profit margins over the last 18 months and were now earning an average of £95 profit per household on dual-fuel bills.
The industry regulator Ofgem, which produced the estimates, said profits per household would reach £100 over the next 12 months.
Other new figures obtained from British Gas, EDF and the four other suppliers showed their profit margin from power generation – a separate part of the business – averaged more than 24% in 2011. They are believed to have risen since.
The escalating earnings were condemned by fuel poverty campaigners, rival energy companies and the shadow energy secretary, Caroline Flint.
When a new drug gets tested, the results of the trials should be published for the rest of the medical world – except much of the time, negative or inconclusive findings go unreported, leaving doctors and researchers in the dark.
In this impassioned talk, Ben Goldacre explains why these unreported instances of negative data are especially misleading and dangerous.
Ben is a best-selling author, broadcaster, medical doctor and academic who specialises in unpicking dodgy scientific claims from drug companies, newspapers, government reports, PR people and quacks. Unpicking bad science is the best way to explain good science.
He is known for his “Bad Science” column in The Guardian, and is the author of two books, Bad Science (2008), a critique of certain forms of alternative medicine, and Bad Pharma (2012), an examination of the pharmaceutical industry, its publishing and marketing practices, and its relationship with the medical profession.
‘Despite attempts to reform it, US campaign finance is more corrupt and corrupting than it has been for decades.’ Illustration: Daniel Pudles
It’s a revolting spectacle: the two presidential candidates engaged in a frantic and demeaning scramble for money. By 6 November, Barack Obama and Mitt Romney will each have raised more than $1bn. Other groups have already spent a further billion. Every election costs more than the one before; every election, as a result, drags the United States deeper into cronyism and corruption. Whichever candidate takes the most votes, it’s the money that wins.