UK tax climate putting a block on renewable projects, energy boss warns October 2, 2023 The government needs to reduce the tax burden on renewable producers or risk more companies pulling out of projects.
UK signs pact on hydrogen development with Germany September 27, 2023 The UK has partnered with Germany to advance hydrogen development in a bid to boost international trade, jobs and investment. Energy efficiency and green finance minister Lord Martin Callanan visited the European country to sign the agreement with Germany’s state energy secretary Philip Nimmermann. At the UK embassy in Berlin, the two nations agreed to [...]
Drax suffers share price scare after shorting schemes unveiled September 26, 2023 Drax's share price has endured a wild journey on the London Stock Exchange today, with backers seemingly spooked.
Sunak climbdown a ‘reality check’ for UK’s net zero ambitions, says energy boss September 21, 2023 Rishi Sunak's rowback of green pledges was a "reality check" for net zero, the chief regulator of gas distribution company Cadent said.
Brits split over Sunak’s net zero delays, poll reveals September 21, 2023 The British public is divided over Rishi Sunak’s decision to delay some of the UK's net zero plans, fresh polling by YouGov has revealed.
Octopus Renewables Infrastructure Trust weighs up asset sales amid turmoil September 21, 2023 Octopus Renewables Infrastructure Trust is considering offloading a number of assets to generate cash amid challenging conditions.
Net Zero: Labour pledge to reinstate 2030 ban on new petrol and diesel vehicles September 21, 2023 The Labour Party has pledged it would reinstate the ban on the sale of new petrol and diesel cars from 2030 if elected into government.
Sunak’s green tweaks were mild – but his inconsistent net zero approach risks permanently alienating business September 21, 2023 Sunak's pledged row back of green pledges are less radical than expected - but rhetoric and consistency matter just as much as sound policy.
Net Zero: Why scrapping a meat tax, bin rules and car sharing isn’t all it seems September 20, 2023 Prime Minister Rishi Sunak ditched several green policies today - but it looks like some of them never even existed in the first place.
Net Zero U-turn: Sunak confirms delay to petrol and diesel car ban until 2035 September 20, 2023 Rishi Sunak has confirmed the rolling back of green pledges including the delay to the petrol and diesel car sales ban until 2035 as he faces down industry backlash and Tory divisions. Speaking in Downing Street this afternoon, the Prime Minister outlined what he said was a “pragmatic, proportionate and realistic” strategy for the UK [...]