Carbon-cutting shipping executive wins Veuve Cliquot’s Bold Future award Business Sustainable shipping boss, Alisha Fredriksson, shared that she hasn’t been without challenges when it comes to earning support in a ‘male dominated industry.’ Despite launching a one of a kind, innovative business that garnered over £8m in funding and grants, she hasn’t been without challenges when it comes to earning support in the world of [...]
‘Unproven’ green tech to have significant impact on energy bills, MPs warn Politics Government investment into “unproven” carbon capture schemes is set to have a “very significant effect” on households’ energy bills, an influential group of MPs is warning. Ministers have backed investment into carbon capture, usage and storage (CCUS) schemes in a bid to achieve the UK’s legally mandated climate goals, including net zero by 2050. But [...]
GB Energy given five years to turn a profit Politics The boss of Great British Energy has been given a five-year target for Labour’s flagship state-owned energy company to become “profitable”, MPs have been told. Juergen Maier, who was appointed chairman of GB Energy in June, was asked at the Commons energy security and net zero committee whether he had a timeline on profitability. He [...]
Starmer set to announce £22bn boost for UK carbon capture October 4, 2024 The UK is set to invest almost £22bn over 25 years in carbon capture and storage schemes, Sir Keir Starmer is to announce ahead of the upcoming international investment summit. Projects in Teesside and Merseyside will benefit from the £21.7bn in funding over 25 years, which the government says will attract £8bn in private investment [...]