Goldman Sachs warns EU risks clean energy exodus as US lures investment January 10, 2023 Europe risks an exodus of clean energy investment to the US, unless it brings in its own inflation strategy, warns Goldman Sachs.
FTSE 350 firms up spending on ‘carbon offsets’ in race to net zero January 8, 2023 The UK’s top listed companies are increasingly using carbon offsets to achieve their net zero goals, new research shows. The vast majority (96 per cent) of Britain’s FTSE 350 companies have already upped expenditure on carbon credits over the past 24 months, while almost half (47 per cent) intend to increase spending dramatically over the [...]
Greencoat Renewables begins buying spree with flurry of wind farm deals January 3, 2023 Greencoat Renewables has expanded its European portfolio of renewable assets with a flurry of fresh acquisitions.
Britain baulks at Biden’s £330bn green subsidy package December 23, 2022 Britain has voiced its disapproval of Joe Biden’s extensive US package for green subsidies, warning they are protectionist and could harm UK energy firms. Kemi Badenoch, the UK’s international trade secretary has reached out to her US counterpart, criticising the Biden administration’s £327bn ($395bn) green economy package. In a letter seen by the Financial Times, [...]
UK government stumps up £12m to make 5G tech green and accessible December 20, 2022 The Department of Culture, Media and Sport is funding a £12m international project to make 5G telecommunication green and more accessible across the UK. The project named Towards Ubiquitous 3D Open Resilient Network (TUDOR) plans to use AI to improve the efficiency of 5G and in due course 6G infrastructures. TUDOR is led by the [...]
Hydrogen is ‘not a panacea’ for cutting carbon emissions, warn MPs December 19, 2022 Hydrogen is “not a panacea” for cutting carbon emissions across UK homes, warned a leading Westminster Committee.
Government must ‘work night and day’ so UK doesn’t lose out on green jobs to other countries December 19, 2022 There is a critical five-year window to attract businesses in green sectors such as renewable energy and electrical cars to set up factories in Red Wall areas, a report has claimed. Think tank Onward said the government has a short timeframe to bring green jobs to parts of the Midlands and the North being targeted [...]
Environmental populism puts greener future at risk, warns North Sea boss December 13, 2022 The Government is damaging the North Sea industry through 'environmental populism' argued OEUK boss Deirdre Michie.
Exclusive: North Sea body backs hydrogen hub to power 20m homes December 13, 2022 A vast offshore hydrogen project could help power 20m homes and businesses with low carbon energy, according to the NSTA.
Government must reveal more about onshore wind plans, say experts December 8, 2022 Energy experts have urged the Government to reveal more details about its proposed consultation to revive onshore wind.