_Business
Reduced global demand may offset any supply cut by OPEC and its allies.Even if Saudi Arabia and other leading oil-exporting countries cut their production targets this week, spurning U.S. efforts to keep supplies flowing, the move may barely register in global…
There are few books, shows or other tools to help parents and teachers talk to preschoolers about global warming. “Octonauts: Above and Beyond” is one of the first to try.Four-year-old Francis Gaskin, who lives with his family in Houston, has a…
The UK and Europe's solar trade associations have announced plans to develop a comprehensive corporate sustainability standard aimed at boosting the sustainability, transparency, and accountability of the industry's rapidly-growing supply chain. The Solar Stewardship Initiative (SSI), co-launched this week by Solar…
More than half of the digital data firms generate is collected, processed and stored for single-use purposes. Often, it is never re-used. This could be your multiple near-identical images held on Google...
Google the term 'circular economy' and the top search results are a bunch of definitions. The circular economy is still nascent - think tank Circle Economy argues that the world is less than nine per cent circular because only 8.6 per…
Nescafé has unveiled plans to invest one billion Swiss francs - over $1bn - in scaling up regenerative agriculture methods and environmentally sustainable coffee farming worldwide over the coming decade, as part of parent company Nestlé's drive to halve its greenhouse…
Carbon capture technology specialist LanzaTech has secured $500m of backing from Mark Carney-affiliated investment giant Brookfield, as part of a strategic partnership aimed at co-developing commercial plants that recycle CO2 into new commodities and products. Announced yesterday, the funding partnership will…
The site of a former coal and gas power plant in Nottinghamshire has been selected by the government as the location for a prototype nuclear fusion power station, which could pave the way for a new form of low-carbon power in…
The scale of the electoral gamble the government is undertaking by reviving plans for fracking in the UK and weighing plans to roll back environmental protections was again underlined today by a major...
Big storms more becoming more common. That makes it crucial to take climate change into account when rebuilding.The damage from Hurricane Ian will very likely run into the tens of billions of dollars and scientists say the United States can expect…
The John Lewis Partnership has committed to ensuring the soy, palm oil, cocoa, beef, leather, timber, and man-made cellulosic materials in its own-brand products do not cause deforestation, as part of a new package of measures announced this morning designed to…
Effective waste management policies could play a major role in the effort to stabilise global temperatures at safer levels, with a new report calculating that 1.4 billion tonnes of greenhouse emissions could be slashed annually through improved recycling, composting, and waste…
"In 50 years' time we won't be able to sit here because it's flooded. And it is not just going to impact some distant generation in the future, which will still be very unfair, but [it is going to impact]...
A raft of water companies have been ordered to return £150m to customers because they failed to meet their targets around pollution, biodiversity, sewer flooding and continuity of supply. Ofwat, the water sector regulator for England and Wales, today announced financial…
Since the Conservative Party conference kicked off in Birmingham this weekend, there appear to be growing concerns from within the Party's own ranks about about the government's policy direction on both...
Climate risk reporting is now mandatory for pensions funds holding more than £1bn in the UK, making it the latest segment of UK's financial sector now required to produce governance processes and disclosures in line with the Task Force on Climate-related…
Drax has come in for renewed scrutiny over the environmental sustainability of its supply chain, with a major investigation having found evidence of carbon-rich primary forests in western Canada being felled to supply wood pellet feedstock for Britain's biggest power station…
Batteries are set to become even more ubiquitous than they are already. The clean tech revolution will see battery technologies play a critical role in our cars, our trucks, our power grid, our buildings, and even our ferries. But what happens…
A new tool has been launched that helps asset owners and investors assess the risk posed to critical infrastructure by climate change. Engineering consultancy Mott Macdonald and investor body Coalition for Climate Resilient Investment (CCRI) have launched a first-of-its-kind guide on…
Rage, despair, myopia. These were a few of the words used to describe the UN General Assembly that concluded the week before last in New York. Myriad crises are now rocking the planet, war in Ukraine...
Ministers could soon bring in new proposals to clamp down on emissions produced by the built environment, including a review of the National Planning Policy Framework to introduce whole-life carbon assessments of buildings in a move which could help tackle the…
Internet search engine Ecosia is planning to invest €250,000 in Ripple Energy's latest community-owned renewable power project, marking the tree-planting non-profit's first major investment in the UK. The ‘green' search engine - which funnels its profits towards tree-planting and other environmental…
Growing numbers of businesses are now investing in carbon removals such as direct air capture (DAC), enhanced weathering and biochar technologies in a bid to secure future financial savings and position themselves as climate leaders, according to voluntary carbon market ratings…
The World Bank has this morning been accused by Oxfam of overstating by billions of dollars the amount of climate finance it has mobilised for poorer nations. An audit of the World Bank's climate finance disclosures in 2020 found the development…
MBA Polymers has opened a facility in central Birmingham that will enable car makers, electronics firms, and other manufacturers to "buy back" recycled plastic. The company, the plastics recycling arm of recycler EMR, said the facility - its third in the…
He invented a visible red-light diode. His 41 patents also included lasers that enabled DVD and CD players.Nick Holonyak Jr., an electrical engineer who became known as the godfather of the LED lighting that illuminates flat-screen TVs and laptop computers, and…
The stars are aligning to decarbonise our most stubborn sector: industry. A slew of recent announcements coming out of Climate Week in New York City and the Clean Energy Ministerial (CEM) in Pittsburgh...
Capturing carbon from the atmosphere is quickly becoming a popular venture. The sector skyrocketed in 2022 as the top emerging segment of climate tech funding, and the Inflation Reduction Act passed earlier this year increased the financial compensation for every ton of carbon captured…
Most of the headlines over the past few days may have been focused on the economic turmoil unleashed by last week's mini-budget, but the uncertainty created by Ministers' plans to overhaul key environmental...
Eviation Aircraft has hailed the first flight of its zero emission, battery-powered 'commuter and cargo' plane in the US earlier this week as "a historic day and major milestone in electric aviation". The electric plane developer confirmed its Alice aircraft took…
Chinese electric carmaker Build Your Dreams (BYD) has unveiled plans for a major expansion into the European market, after confirming presale prices for its first three vehicles to be launched on the continent. BYD, China's largest electric car maker and second-largest…
COP27: Egypt to prioritise climate finance, adaptation, and loss and damage Egypt's COP27 presidency has set out its vision for the upcoming UN Climate Summit in November, signalling its aim to secure...
Britain exported more power to Europe than ever before in the second quarter of this year, making it a net exporter of electricity for the first time in over a decade, a new report has found. The report, which was conducted…
Jaguar Land Rover is rolling out a global electric vehicle (EV) upskilling drive in a bid to retrain up to 29,000 employees over the next three years to prepare the auto manufacturer for its transition to an 'all-electric' future. The company…
Drax's commercial director for innovation mounted a staunch defence of the negative emissions potential offered by planned bioenergy and carbon capture and storage (BECCS) projects at the Net Zero Festival yesterday afternoon. Speaking during a session exploring the potential of negative…
Tate & Lyle Sugars has this week announced it has partnered with environmental charity Hubbub to launch a campaign showcasing ways people can save on their energy usage and reduce their bills in the kitchen over the coming months. The new…
Sainsbury's has announced it is ditching the plastic from its home brand coffee pod range and switching to aluminium pods so customers can recycle using standard recycling services. The supermarket said the new aluminium packaging means the range is now fully…
As of Thursday afternoon, excess water from Hurricane Ian had prompted at least a dozen wastewater treatment facilities in Florida to discharge either raw or partially treated waste, which can contain bacteria or other disease-causing organisms as well as high levels…
Flaring, meant to burn off the planet-warming gas at industrial sites, doesn’t always work as intended, according to researchers.The oil industry practice of burning unwanted methane is less effective than previously assumed, scientists said Thursday, resulting in new estimates for releases…
The move suggests a more aggressive approach by the Biden administration after talks to revive a 2015 nuclear deal faltered.WASHINGTON — The Biden administration announced on Thursday that it would impose sanctions on two Chinese companies that transport and store Iranian…
The worrying market response to the Treasury's 'mini-Budget' over the past week compounded by the continuing energy crisis are set to have a direct impact on the pace and scale of the UK's journey to net zero, several top business leaders…
Most of the Florida homes in the path of Hurricane Ian lack flood insurance, posing a major challenge to rebuilding efforts, new data show.In the counties whose residents were told to evacuate, just 18.5 percent of homes have coverage through the…
The administration’s move has brought down gasoline prices. Some experts say continued withdrawals could test the nation’s energy security.Since Russia’s invasion of Ukraine, President Biden has overseen the largest sale of oil from the Strategic Petroleum Reserve ever, to ease prices…
In a large proportion of the metropolitan areas along the Atlantic and Gulf coasts of the United States, at least half of the hospitals are at risk of flooding even from relatively weak hurricanes, a new study found.Projected sea level rise…
The government has announced that it is spending as much as £1.5bn to help around 130,000 social housing and low-income properties in the UK upgrade their properties with a range of energy efficiency measures with a view to helping households slash…
The UK Infrastructure Bank has today unveiled plans to team up with local authorities in Bristol, Greater Manchester and West Yorkshire to develop net zero focused pilot projects aimed at combating climate change. The announcement follows the publicly-owned bank's pledge in…
Businesses are in the dark about the carbon footprint of their pension schemes despite most employees wanting their pots to be more sustainable, according to research findings published today by the Make My Money Matter (MMMM) campaign and Scottish Widows. The…
Chris Skidmore has promised there will be "no rowing back" on the UK's Net Zero Strategy or climate commitments, as the MP today launched a public call for evidence to help inform the hotly-anticipated review he has been tasked with carrying…
Thank you for the opportunity to speak at this Festival today. If you had told me just over three years ago, when I was the Energy and Climate Change Minister who signed the UK's net zero commitment into law, that a…
BusinessGreen brings you coverage of the first day of the Net Zero Festival 2022, which is finally being held in person for the first time, featuring top business leaders, influential policymakers, inspirational thinkers, comedians and artists to discuss the myriad opportunities…