China ahead in carbon capture race with 73 per cent of patents, while UK filed just 1 per cent March 25, 2023 Chinese scientists filed 73 per cent of all carbon capture and storage (CCS) patents last year, research from Mathys and Squire shows.
UK risks net zero goals without end date for North Sea oil and gas projects March 25, 2023 The UK needs to accelerate plans to cut emissions in the North Sea or risk its net zero goals, warned the chair of a panel of MPs.
Scotland’s £260m offshore wind winners set to cut North Sea carbon emissions March 25, 2023 13 companies have been awarded leases to develop offshore wind to supply power to North Sea oil and gas platforms.
Visas for people fleeing disasters caused by climate change, suggests think tank March 24, 2023 The UK should provide visas for people fleeing natural disasters caused by climate change, a think tank has said.
‘Not optimistic’: Experts pour cold water on hopes Green Day will boost energy sector March 24, 2023 Energy experts have raised doubts over the UK's ability to compete with rival markets in the upcoming "Green Day" legislation.
Oil prices slide after Fed hikes interest rates for the ninth time in a row March 23, 2023 Oil prices are dipping again this morning, after the Federal Reserve hiked interest rates a further 25 basis points today.
Boss of British Gas owner Centrica handed fivefold pay increase to £4.5m March 22, 2023 The boss of British Gas owner Centrica has been handed a £4.5m pay package, after record profits last year.
Global green transition needs an extra $2.5tn a year to reach net zero by 2050, study says March 22, 2023 Investment in the global green transition needs an rise by an extra $2.5tn a year in order to reach net zero by 2050, a new study has suggested. Capital investment will need to average $3.5tn a year between now and 2050 to reach net zero, according to a new report from international think tank The [...]
Businesses need ‘carrot and stick’ to boost energy efficiency and drive down bills, Npower argues March 22, 2023 Businesses need help to drive down bills and meet the UK's net zero goals, argued the COO of Npower Business Solutions.
Shell will defend ESG targets to shareholders ahead of activist showdown March 22, 2023 Shell will defend its lack of scope three emission targets at its annual ESG update tomorrow, City A.M. has learned.