Energy: The Year In Gifs

January

Cameron personally backs fracking, admitting that the Government is “going all out for shale”.

http://i.imgur.com/ifJeujD.gif

February

The UK meets its first Carbon Budget, the first step in fulfilling a commitment to cut emissions by 80% by 2050.

http://giphy.com/gifs/celebrate-funny-doPrWYzSG1Vao

March

The Carbon Price Floor is frozen in Chancellor George Osborne’s Budget as a measure to cut energy costs for business consumers.

http://giphy.com/gifs/frozen-movie-disney-Jsdc7bQe7g3WU

April

Ukraine refuses to pay outstanding oil and gas payments to Russia. The US, EU Russia and Ukraine then meet in Geneva in an attempt to de-escalate the crisis.

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May

Russia signs a 30 year deal worth $400 billion to deliver gas to China.

http://giphy.com/gifs/ryan-gosling-oh-no-you-didnt-gRkFfZqJv5L8I

June

Just when you thought the Energy Act was over, EMR secondary legislation is laid before Parliament, including the introduction of the Contracts for Difference (CfD) regime, and the capacity mechanism.

http://giphy.com/gifs/night-paper-gWwA1KaBTKsfe

July

The Wood Review’s recommendations are accepted by Government, launching a review of tax arrangements for the North Sea oil and gas industry.

http://giphy.com/gifs/new-confused-oil-jdNneheOlxiE0

August

The Competition and Markets Authority (CMA) publishes issue statements as part of its investigation into the supply and acquisition of energy in Britain.

http://giphy.com/gifs/emma-stone-scared-the-amazing-spiderman-yHZosZV6yWuOs

September

55.3% of Scots vote to remain part of the UK winning the referendum.

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October

EU leaders agree a greenhouse gas reduction target of 40% compared to 1990 in the 2030 EU Climate Change Framework agreement.

http://giphy.com/gifs/the-west-wing-bradley-whitford-YxKev2rIE2FQk

November

The British public celebrate a drop in oil prices, but industry has a different reaction.

http://giphy.com/gifs/reactiongifs-aladdin-genie-12VzqDtzlFEYJW

December

Britain prepares for a weather bomb, whilst its energy experts head to Lima to reach an agreement on how to tackle climate change.