‘Rushed law making’: Businesses, campaigners, and the government’s own watchdog unite against ‘bonfire’ of EU law

Serious concerns are mounting about the government's rush to ditch or amend hundreds of EU-derived laws by the end of next year, with both leading business groups and the UK's green watchdog urging Ministers...

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Energy bills: Why household finances and business certainty will still suffer under Jeremy Hunt’s extended plan

Among the grim news in Jeremy Hunt's recent autumn statement was an attempt to square the circle on energy bills. Funding for the Energy Price Guarantee that aims to limit household energy prices will...

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Rishi Sunak calls for ‘bold, persistent’ innovation to turn tide on UK economic woes

Rishi Sunak has called for a relentless focus on catalysing innovation across the economy in an attempt to combat the stagflation afflicting the UK, as he touted the importance of both public and private sector investment in skills, science, and research…

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COP27: UK, EU and Canada press Egypt to steer climate talks towards ambitious agreement

Fears are rapidly mounting that chaotic UN climate talks in Sharm El Sheikh risk backsliding on previous commitments, with ministers from the UK, EU, and Canada jointly meeting with Egypt's COP27 Presidency today to stress that agreements at this week's G20…

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COP27: ‘Brazil is back’ in global climate fight, Lula promises

Brazil's newly-elected leader, President-elect Lula, has promised to place climate action and protection of the Amazon rainforest at heart of his government's domestic and international agenda when he takes over as the country's President in January. Ahead of a hotly-anticipated speech…

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G20 reaffirms commitment to Paris Agreement’s 1.5C temperature goal

Leaders of the world's biggest economies have today signalled their continued support for an ambitious outcome from the tense on-going climate negotiations at the COP27 Summit, emphasising their support for capping global warming at 1.5C, ramping up climate finance, cutting back…

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G20: EU and US unveil further details of $600bn global infrastructure investment plan

The US and European Union today unveiled further details of their plan to collectively mobilise $600bn-worth of investments in "sustainable transparent and quality infrastructure" in low and middle income countries worldwide by 2027 on the sidelines of the G20 Summit in…

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COP27: UK, US, and EU lead $20bn deal to help wean Indonesia off coal power

A major multi-billion pound deal to help wean Indonesia off coal-fired generation and ensure emissions from the nation's fast-expanding power sector peak by 2030 has been announced today, brokered by a coalition of industrialised nations, including the US, Japan, and the…

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H&M, Ben & Jerry’s, and Kering join collective low carbon fibre purchase pledge

A host of global fashion brands and consumer goods retailers, including H&M, Ben & Jerry's and Stella McCartney, have today collectively committed to purchasing 550,000 tonnes of low carbon alternative fibres for textiles and packaging, in a move aimed at curbing…

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Global market for ‘nature tech’ poised to triple to $6bn by 2030

The global market for technologies designed to support nature-based climate solutions represents a "burgeoning market opportunity" that could triple to $6bn by 2030, according to fresh analysis released today. Research led by the Nature4Climate coalition of green NGOs and investment platform…

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Research: UK renewables curbed demand for costly fossil gas in October

The UK's growing sources of wind, solar and hydro power served to significantly curb millions of households' reliance on expensive, carbon-intensive fossil fuels last month, further underscoring the benefits of expanding clean, renewable electricity sources to tackle the ongoing energy crisis.…

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COP27: Sunak declares climate action ‘right thing to do’, but absence of fresh pledges mars start of Summit

Both fresh national climate commitments and accessible food outlets were seemingly in short supply at COP27 today, fuelling a palpable sense of frustration within the walls of the UN Climate Summit as...

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‘Climate change is landing blow after blow on humanity’: How well adapted is society to worsening climate impacts?

Climate change is "landing blow after blow on humanity" yet the world is still failing to mobilise the hundreds of billions of dollars of investment needed to better prepare for and guard against the myriad...

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Business travellers flying less for meetings post-pandemic, survey shows

Business travellers appear to be cutting down on flying since the pandemic, amid heightened awareness of the climate impact of air travel and growing pressure from employees for their companies to develop greener travel policies, fresh survey findings today indicate. One…

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‘We can’t lose sight of the issue of the century’: Microsoft’s Brad Smith on climate, COP27, and the clean energy transition

At the top of the world's largest companies, executives are often as much diplomats as they are business leaders. They trot the globe surveying their company's interests, conducting meetings with politicians...

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Poll: Pessimistic Britons believe government will not deliver on net zero goals by 2050

There is widespread public support for the UK's net zero emissions targets, but few people are confident the government will slash emissions sufficiently to reach the goal by 2050, a major survey of over 4,000 UK adults carried out by pollster…

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GFANZ: Multi-trillion dollar financial group unveils voluntary net zero guidelines

The multi-trillion-dollar Glasgow Financial Alliance for Net Zero (GFANZ) has urged G20 governments to close the gap between their climate pledges and decarbonisation policies in order to catalyse increased levels of green investment worldwide, as it today unveiled guidelines to help…

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Report: Firms must invest in tropical forests to keep 1.5C on track

There are no credible trajectories for staying within the totemic 1.5C global warming threshold of the Paris Agreement without ending deforestation this decade, underscoring the urgent need for companies to explicitly add forest protection investments to their net zero strategies. That…

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Veritas Capital swoops for energy consultancy Wood Mackenzie in $3.1bn deal

Veritas Capital has agreed to acquire global energy research and consulting firm Wood Mackenzie after inking a $3.1bn deal with risk analytics giant Verisk. Under the terms of the transition announced today, investor Veritas has agreed to pay Verisk $3.1bn in…

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Report: Firms must boost investment in tropical forests to keep 1.5C on track

There are no credible trajectories for staying within the totemic 1.5C global warming threshold established by the Paris Agreement without ending deforestation this decade, underscoring the urgent need for companies to explicitly add forest protection investments to their net zero strategies.…

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‘Let’s fight for zero deforestation’: Lula promises bolder climate action after Brazil election win

Brazil's new president-elect Lula Luiz Inácio Lula da Silva has promised to end deforestation and place climate action front and centre of his administration, after narrowly defeating far-right incumbent Jair Bolsonaro in an election regarded worldwide as critical for the future…

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Report: UK carbon regulator needed to combat ‘inconsistent’ industrial CO2 reporting

The UK should establish a 'carbon regulator' alongside simplified and stronger greenhouse gas measuring and reporting methodologies in order to help decarbonise the country's heavy industries in line with statutory net zero targets, according to the Energy Systems Catapult. A new…

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‘The prize is enormous’: UK banks urge government to help fix green home retrofit ‘market failure’

Here we go again. The formation of a new government - the third in three years, led by the third Prime Minister in three months - has once again sparked fresh calls for Number 10 to overhaul the UK's underpowered...

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ArcelorMittal, BHP, and Mitsubishi trial carbon capture technologies for steelmaking

A group of leading global steelmakers, engineering giants, and mining firms have clubbed together to trial carbon capture technology at ArcelorMittal's steel plants in Belgium and North America, with a view to drawing up a design study to enable the system's…

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Rishi Sunak to reinstate fracking ban as he touts ambition for ‘more renewables’

Rishi Sunak today signalled that he intends to reinstate the ban on fracking in England, as the new Prime Minister touted the importance of "more renewables, more offshore wind and indeed more nuclear" to bolster the UK's energy security and drive…

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Rishi Sunak promises to protect the environment as PM as new cabinet takes shape

Rishi Sunak has touted environmental protection and the Conservative Party's 2019 manifesto commitments as key lodestars for his Prime Ministership as he officially entered Downing Street this afternoon and began shaping his new cabinet team. Grant Shapps has been appointed Business…

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EDF Renewables given green light for 225MW Scottish Highlands onshore wind farm

EDF Renewables has been given the green light to construct a 225MW onshore wind farm in the Scottish Highlands in partnership with Force9 Energy, after the project secured planning permission from the Scottish Government on Friday. Situated in Moray near Forres,…

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