G20 fails to reach deal for slashing fossil fuels and ramping up renewables July 23, 2023 The G20 failed on Saturday to reach consensus on phasing down fossil fuels, following objections by some producer nations.
Coca-Cola, McDonald’s and PepsiCo named as worst packaging polluters in UK July 21, 2023 Coca-Cola, McDonald’s and PepsiCo are the worst packaging polluters in the UK, an annual waste audit has found. Campaign group Surfers Against Sewage, which released its annual audit on Friday, looked at more than 30,700 individual polluting items collected by more than 4,000 citizen scientists along coastlines, canal paths, bridleways and city streets over a [...]
Ovo: Shareholders for UK’s fourth biggest energy firm invest further £200m as profits slump July 21, 2023 Ovo shareholders have poured an extra £200m into the owner of the UK’s fourth-largest energy supplier.
Glencore: Copper, zinc, lead and nickel output slides but trading profits to top £3bn July 21, 2023 Glencore saw its output in copper, zinc, lead and nickel dip this morning as it struggled with a downturn in production but said it expects to exceed its long-term annual guidance – with trading profits reaching as high $4 (£3.1bn). The commodity giant said the half-year results were in line with expectations, with its full [...]
Former PM Liz Truss supports second backbench revolt over onshore wind July 20, 2023 The government is bracing for a fresh attempt from Conservative backbenchers, including former Prime Minister Liz Truss.
Wind farm with potential to power 1.5m UK homes halted as industry urges government to bolster supply chains July 20, 2023 Plans to build a new UK offshore wind farm that could have powered up to 1.5m homes have been halted today amid concerns over rising costs.
PayPoint hits back at competition lawsuit as legal showdown looms July 20, 2023 PayPoint has hit back at accusations it entered into anti-competitive agreements with energy suppliers in the prepayment market.
AMTE Power shares tank 50 per cent after battery firm issues administration warning July 20, 2023 AMTE Power is on the brink of administration, with shares plummeting on the London Stock Exchange.
SSE reiterates earnings target despite waning wind generation July 20, 2023 Electricity output from renewables has lagged behind SSE's expectations this year, with generation lessened by poor weather conditions.
Macquarie plans to take full ownership of National Grid’s gas unit after increasing stake July 19, 2023 An investor-consortium led by Australia’s Macquarie Asset Management has upped its stake in the National Grid’s gas transmission business and plans to take full ownership “in due course”. Macquarie, along with British Columbia Investment Management Corporation, snapped up an additional 20 per cent in the gas business, the company said today. The investment takes the [...]