13 Jul 1998
PHOTOCALL:
10:30am, Monday 13 July 1998
Campaigners from Friends of the Earth will attend the Annual General Meeting of PowerGen plc on Monday 13 July 1998. FOE will highlight the large power company's contribution to global climate change through its fossil fuelled generating plant.
Only 0.1% of its electricity was generated from renewable energy sources [1]. Shareholders from FOE will ask the company what contribution it plans to make to the Government's target of a 20% cut in CO2 emissions by 2010. FOE research shows that a significant increase in renewable energy capacity is needed if the Government is to achieve its CO2 target and tackle the threat of global climate change [2]
Anna Stanford, Energy Campaigner at Friends of the Earth said:
"PowerGen's market share fell last year partly because warmer weather reduced electricity demand. This could be one of the first signs of global climate change,yet PowerGen continues to invest in fossil fuel power stations, including new coal-fired plant in Asia. Its investment in renewable energy is a mere token.
NOTES TO EDITORS:
[1] PowerGen plc Environmental Performance Report 1997, Summary of Environmental Performance for 1997.
[2] Cutting CO2 - Creating Jobs: An economic analysis of policies to cut UK CO2 emissions by 20% or more. A study for FOE by Energy for Sustainable Development Ltd,June 1998. Available on request.
[3] PowerGen plc Annual Report 1998.
[4] Based on 1995 figures for total UK CO2 emissions, the latest available. Note the percentage is probably slightly higher, as 1997 UK CO2 emissions are likely to have been lower than 1995 emissions.
Contact details:
Friends of the Earth
26-28 Underwood St.
LONDON
N1 7JQ
Tel: 020 7490 1555
Fax: 020 7490 0881
Web: www.foe.co.uk/feedback.html
Media team