Democrats Weigh Carbon Tax After Manchin Rejects Key Climate Provision

Faced with the likely demise of a central pillar of President Biden’s agenda, the White House and outraged lawmakers are scrambling to find alternatives. WASHINGTON — Some House and Senate Democrats, smarting from a move by Senator Joe Manchin III, Democrat of West Virginia, to kill a major element of President Biden’s climate plan, are […]

Key to Biden's Climate Agenda Like to Be Cut Because of Manchin

The West Virginia Democrat told the White House he is firmly against a clean electricity program that is the muscle behind the president’s plan to battle climate change. WASHINGTON — The most powerful part of President Biden’s climate agenda — a program to rapidly replace the nation’s coal- and gas-fired power plants with wind, solar […]

Plant-Based Food Companies Face Critics: Environmental Advocates

Some analysts say they cannot determine if plant-based foods are more sustainable than meat because the companies are not transparent about their emissions. Consumers and investors alike have gobbled up Beyond Meat’s burgers, sausage and chicken in recent years, thanks at least in part to the company’s message that its plant-based products are good for […]

How tenant-landlord collaboration can help drive London towards net zero

A new era of cross-industry collaboration could help London meet its hugely ambitious target to become a net zero emission city by 2030, according to top business leaders at last month’s Net Zero Festival. Judy Brown, COO and CFO at fashion giant Burberry, said all cities had a key role to play in supporting and […]

Sadiq Khan powers up plans for expanded London EV network

London Mayor Sadiq Khan has pledged to unlock more public land for electric vehicle (EV) charge points around the capital as part of a new strategy to accelerate update of zero emission vehicles across the city. The launch of the draft version of London’s 2030 Electric Vehicle Infrastructure Strategy was launched as the city’s mayor […]

Net Zero Festival: Avoiding a net zero culture war

A public and media backlash remains one of the biggest threats to the net zero transition in many economies. How can businesses and policymakers tailor policies and investment to minimise the risk of climate action becoming a polarising issue? BusinessGreen’s recent Net Zero Festival saw a host of leading thinkers and experts discuss this most […]

How farmers and seaweed can help tackle ocean pollution

Farmers as a group don’t typically embrace change. Just ask Luis Lombana, CEO of Ficosterra, a Spanish marine biotechnology company that makes fertilisers from an unexpected source: seaweed. “Whether you are in Spain or Mexico or the States, farmers are very slow to change the way they’ve been doing things traditionally, especially when you come […]

UK reports £2.6bn of inward investment in net zero projects over past 10 months

The UK government has helped facilitate £2.6bn of inward investment towards domestic net zero projects over the last 10 months, according to the latest data from the Department for International Trade (DIT). Figures published yesterday by the Department claim 46 green projects geared at helping the UK reach its climate goals received inward investment between […]

GE injects £2.5m into UK young engineers academy

US energy and engineering conglomerate General Electric (GE) plans to invest £2.5m in a UK branch of its Next Engineers programme, the company announced yesterday. The investment will go towards launching its Next Engineers educational programme in Staffordshire in the UK with the aim of improving the diversity of people entering the engineering profession and […]

'Change the status quo': Brewers demand action on food waste at COP26

Breweries from across the UK and Ireland have called on world leaders to grab a “once-in-a-lifetime opportunity” at the upcoming COP26 Cliamte Summit to protect people and nature from the global climate crisis. In a open letter published this morning, a coalition of 25 brewers urged governments from around the world to commit and agree […]

Energy players call for VAT to be scrapped on green home solutions

The government is facing yet more calls to slash VAT rates on domestic renewable energy and clean technology systems so as to incentivise the uptake of green solutions that can reduce household carbon emissions and shield consumers from volatile gas prices. In a letter to the government yesterday, nearly 30 companies and organisations from across […]

What’s Behind the Energy Crunch in Britain and Europe

Natural gas prices have skyrocketed, pressuring manufacturers and households with high energy bills. Just as economies seemed to be returning to something like normal, an energy crunch has hit Britain, the rest of Europe and much of the world. Natural gas, the main focus of this squeeze, is crucial for generating electricity, running factories and […]

As Western Oil Giants Cut Production, State-Owned Companies Step Up

In the Middle East, Africa and Latin America, government-owned energy companies are increasing oil and natural gas production as U.S. and European companies pare supply because of climate concerns. HOUSTON — After years of pumping more oil and gas, Western energy giants like BP, Royal Dutch Shell, Exxon Mobil and Chevron are slowing down production […]

Net Zero Festival: Negative emissions – can carbon offsets ever be credible?

Negative emissions technologies and nature-based solutions are likely to play a vital role in delivering net zero emissions, and certainly in stabilising the climate be reducing emissions in the atmosphere in the second half of the century. However, the global offsets market remains dogged by legitimate concerns about its efficacy, and companies run the risk […]

Octopus Energy and RES team up for £3bn UK green hydrogen plan

Octopus Energy and renewables developer RES are teaming up to invest £3bn in green hydrogen plants across the UK by 2030, in a bid to capitalise on growing pressure on heavy industry to decarbonise. In a major boost for domestic production of the zero carbon fuel, the two firms plan to build and operate a […]

The summit to save the world?

How important is COP26? There is an understandable desire to resist the modern impulse to rank and categorise any and all events, to hyperbolically attach ‘historic’ to pretty mundane occasions, to promote the moderately impressive to full blown GOAT-status. We are living in an age of inflationary event significance. And yet, you can still make […]

Why the U.N.’s Biodiversity Conference Is So Important

Countries are gathering in an effort to stop a biodiversity collapse that scientists say could equal climate change as an existential crisis. As 20,000 government leaders, journalists, activists and celebrities from around the world prepare to descend on Glasgow for a crucial climate summit starting late this month, another high-level international environmental meeting got started […]

Global industry coalition touts 'fully costed' net zero plans for steel, shipping and aviation

Fully-costed net zero plans designed to drive “significant emissions cuts” across global aviation, steel, and shipping within the next decade have been unveiled today by the Mission Possible Partnership, a coalition of hundreds of major investors, carbon-intensive companies, think tanks, and NGOs that is aiming to accelerate the decarbonisation of so-called ‘hard-to-abate’ industries. The industry-backed […]

Report: G20 energy emissions set to rise in 2021 after pandemic slump

Energy-related carbon dioxide emissions are set to rebound across the world’s biggest economies after a short period of pandemic-driven decline last year, with coal consumption looking set for growth in 2021, fresh analysis today warns. A sobering new study today by a partnership of research organisations and NGOs predicts CO2 emissions from energy across the […]

Norway, UK, and Sweden top list of most 'net zero-ready' economies

Norway, the UK, and Sweden have topped a global list of countries deemed best prepared to build a net zero economy over the coming years, in a new set of rankings published today by consultancy giant KPMG. The rankings compare the progress of a selection of leading economies in reducing the greenhouse gas emissions that […]

Octopus Renewables wins £150m corporate pension mandate

Octopus Group’s specialist clean energy investment business has secured a £150m corporate pensions mandate with an unnamed UK-based institutional investor to invest in renewable energy infrastructure, it announced yesterday. Octopus Renewables said its new Renewable Energy Income Partnership (REIP) IV fund plans to invest in a range of renewable assets, including solar and wind across […]

Biden Administration Plans Wind Farms Along Nearly the Entire U.S. Coastline

Interior Secretary Deb Haaland announced that her agency will formally begin the process of identifying federal waters to lease to wind developers by 2025. WASHINGTON — The Biden administration announced on Wednesday a plan to develop large-scale wind farms along nearly the entire coastline of the United States, the first long-term strategy from the government […]

Putin Suggests Germany Approve Nord Stream 2 to Solve Energy Crisis

In his most direct comments to date on the contentious Russian pipeline, President Vladimir V. Putin called it an “obvious” way to relieve Europe’s soaring natural gas prices. MOSCOW — President Vladimir V. Putin drew a connection on Wednesday between resolving Europe’s natural gas crisis and gaining regulatory approval for the Russian-backed, politically fraught Nord […]

From coal power to net zero communities: Last chance to sign up to latest BusinessGreen Webinar

BusinessGreen will tomorrow host its latest interactive webinar, bringing together a panel of experts to explore how organisations can harness sustainable business models and projects to drive regional development and create value for all stakeholders without depleting natural, economic, and social capital. Hosted in association with EQUANS, the event will provide an exclusive insight into the […]

Renewable energy industry urges government to double UK onshore wind capacity

RenewableUK is calling on the government to double the UK’s current onshore wind capacity in the next decade to help ensure the country meets its 2035 target of generating 100 per cent green electricity. The renewable energy trade association has today published an Onshore Wind Industry Prospectus proposing to work with the central government and […]

Atkins and the case for the 'Energy System Architect'

The UK’s energy system in 2050 will run at a scale and complexity that requires a level of nationwide management, development, and design that does not exist today, according to two leading engineers from project management giant Atkins.    Speaking at last month’s Net Zero Festival, Darren McClure, who is both a Chartered Civil Engineer […]

IEA: National climate plans could deliver 'peak' fossil fuel demand in 2025

Fossil fuel use is set to peak by 2025 if the climate pledges announced so far by governments are delivered, according to the latest projections from the International Energy Agency (IEA) that suggest the global fossil fuel industry is on the brink of entering a period of sustained decline. The energy watchdog’s annual World Energy […]

The Independent promises 'more climate-focused news' as it targets net zero by 2030

Digital news brand The Independent has today announced a net zero emissions target for 2030, as it marked its 35th birthday this month with fresh commitments to deliver “more climate-focused news, views and inspiring, engaging lifestyle coverage”. The former print newspaper, which became a digital-only operation in 2016, said research carried out by Ipsos Mori […]

Private Equity Funds Have Invested Billions In Fossil Fuels Since 2010

These secretive investment companies have pumped billions of dollars into fossil fuel projects, buying up offshore platforms, building new pipelines and extending lifelines to coal power plants. As the oil and gas industry faces upheaval amid global price gyrations and catastrophic climate change, private equity firms — a class of investors with a hyper focus […]

COP26 Hub

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'On the winning camp': The business guide to COP26 and why it matters

In 1992, US President George H. W. Bush joined other world leaders and signed the first global treaty to combat climate change, saying that an “unprecedented era of peace, freedom and stability” in the wake of the Cold War would spur action to protect the environment. “We must leave this Earth in better condition than […]

Fossil-Fuel Use Could Peak in Just a Few Years. Still, Major Challenges Loom.

The world has made progress in the fight against climate change, with wind, solar and other clean technologies taking off. But more is needed to avert catastrophe, a new report finds. WASHINGTON — Clean energy technologies such as wind turbines, solar panels and electric vehicles are advancing so rapidly that the global use of fossil […]