Reparations won’t fix climate change November 18, 2024 Wrong-headed demands that every single person in the rich world should pay $1000 a year in climate reparations will squeeze aid funding and do nothing to advance the green transition. The money would be better spent on R&D to drive down the cost of renewables, says Bjorn Lomborg The UN climate summit in Azerbaijan is [...]
Did Rachel Reeves deliver a net zero Budget? November 4, 2024 The UK’s recent Budget included a series of measures which have prompted debate over its impact on achieving net zero. While Rachel Reeves announced significant investments in green energy, hydrogen projects and electric vehicle incentives, a number of her decisions have raised concerns about the effectiveness of the UK’s environmental sector. While Wednesday’s Budget announced [...]
If money’s tight, why waste it on futile GB Energy? October 28, 2024 The fiscal pain of this budget will be worse because of needless GB energy, writes Conservative Environment Network director Sam Hall.
Will carbon capture work? Nobody knows – and that’s the problem October 16, 2024 UK’s clumsy carbon capture punt is result of top down intervention – but there’s a better way, writes Paul Ormerod The government confirmed this month the funding for the UK’s first carbon capture sites. The technology, it is claimed, captures CO2 emissions before they reach the atmosphere and stores them away safely. Based on Merseyside [...]
How to unlock green growth (clue: it’s not all about net zero) October 13, 2024 Think nuclear and speed up planning if you want to achieve green growth, suggests Brendan Chilton,
Want climate action for grownups? Become a climate Yimby October 5, 2024 Instead of throwing soup at artwork, do something actually constructive and become a climate Yimby, suggests Chis Hocknell
Why we bought a decommissioned nuclear power station August 30, 2024 Seventy years since a Brit first split the atom, it’s time to re-energise our nuclear industry and reclaim leadership in the technology of the future, says Lord Grade Down an unassuming country lane in Gloucestershire, out of the market town of Berkeley and toward the Severn Estuary, lies the site where Britain’s next nuclear power [...]
What will Labour do about green taxes? August 27, 2024 With net zero a key plank of the new government’s agenda, what can we expect on environmental taxes in the Budget? Asks Sharon Baynham We have a £22bn black hole in the public finances. Who knew! Well, anyone who dared to look according to the Institute for Fiscal Studies. The blame game has already started [...]
ITM Power stock price drops after disappointing forward guidance August 15, 2024 Green hydrogen firm ITM Power’s revenue tripled from £5.2m last year to £16.5m, but the group’s stock price was hit by a downgrade in forward guidance. The power company made an adjusted operating loss of £30.4m over the last year, it reported in its preliminary results, down from a whopping £94.2m in the previous year. [...]
Rachel Reeves to ‘bang drum for Britain’ on North America investment drive August 5, 2024 Rachel Reeves is set to “bang the drum for Britain abroad” as she jets to the United States and Canada in a bid to attract inward investment and confirm the UK is open for business.