Net Zero Festival preview day – Live Blog

Catch up on all the latest news from today’s preview event for BusinessGreen’s world first Net Zero Festival featuring John Elkington, Farhana Yamin, Dale Vince, JLL, Innovate UK and Pukka Herbs BusinessGreen brings you live coverage of today’s Net Zero Festival preview day, which of comes ahead of the event proper kicking off on Wednesday […]

South Korea national assembly declares 'climate emergency'

Pressure increases on President Moon Jae-In to put 2050 net zero target in law and raise country’s Paris climate ambitions South Korea’s national assembly has declared a ‘climate emergency’ as part of a resolution last week aimed at piling further pressure on the President Moon Jae-In to ramp up the country’s climate efforts and set […]

Flexible futures: New tool calculates benefits of demand response and energy optimisation services

The Energy Opportunity Calculator, designed by energy tech specialists GridBeyond, enables firms to calculate potential financial benefits from adopting demand response and energy optimisation services Businesses across the UK and US can draw on a new tool to calculate how they could benefit financially from integrating demand response and energy optimisation services into their business […]

RenewableUK CEO Hugh McNeal to step down next year

Outgoing CEO led the influential trade body during a period of significant growth for the UK renewable industry since taking the role in April 2016 Trade body RenewableUK is embarking on the process of finding a new CEO after Hugh McNeal, who took the position in April 2016, announced he will step down next year. […]

Robeco to ban fossil fuel investments across all of its funds

The new investment policy excludes companies involved in Arctic oil drilling | Credit: Steve Morgan/Greenpeace Dutch asset managed intends to complete process of integrating new investment policy by the end of 2020 Robeco is to exclude investments in thermal coal, oil sands and Arctic drilling from all of its mutual funds, with the process expected […]

Linking the UK and Norway via the world's longest subsea power cable

The North Sea Link is set to be operational by the end of 2021, allowing UK to import enough clean electricity got up to 1.4 million homes, according to National Grid North Sea Link, a joint venture project between National Grid Ventures, part of National Grid, and Norwegian system operator Statnett, will connect the electricity […]

On trend: Chanel debuts new sustainability-linked bond

French luxury fashion label has raised a €600m bond whose terms are linked to its sustainability goals Leading luxury goods firm Chanel last week raised its first sustainability-linked bond in a pioneering €600m transaction undertaken with banking giant BNP Paribas. The bond’s terms are linked to the French company’s environmental objectives, contained in its Mission […]

Transforming a power station for our net zero future

A timeline from coal to negative emissions at Drax – told by the engineers who were there Biomass power generation would have seemed impossible to the engineers who began building Drax Power Station in 1967. Today, however, sustainably-sourced compressed wood pellets have enabled the Yorkshire power station – once the country’s largest single source of […]

E.P.A. to Promote Lead Testing Rule as Trump Tries to Burnish His Record

WASHINGTON — The Environmental Protection Agency is preparing to overhaul the way communities test their water for lead, a policy change that will be pitched ahead of Election Day as a major environmental achievement for a president not noted for his conservation record. But a draft of the final rule obtained by The New York […]

At Climate Week, America’s Cascading Disasters Dominate

It’s been a very different Climate Week in New York City this year, and not just because of social distancing. The annual gathering, meant to showcase efforts against global warming worldwide, came as climate disasters pummeled the host country. There were fire tornadoes in the American West; a slow-moving hurricane drowned northwest Florida; children in […]

From China's stand to Walmart's wish list: A Climate Week news cheat sheet

Climate Week NYC took place online for the first time this year An all-you-need-to-know guide to all the top green corporate announcements from a busy Climate Week in NYC As with virtually all gatherings of the climate community during the Covid age, this year’s Climate Week was convened as an online event – one hosted […]

Global Briefing: California plots 2035 end date for fossil fuel car sales

California is the USA’s largest car market Plus EU’s plan to cut aviation CO2, Norway’s CCS project, Australia’s green tech investment blitz and the top green business news from around the world this week California to ban fossil fuel vehicles sales from 2035 California Governor Gavin Newsom announced on Wednesday the state will prohibit the […]

Boris Johnson teases 'big bet' for UK on wind, hydrogen and CCS

PM touts ‘green industrial revolution’ as fix for climate and Covid crises as he urges countries to step up climate efforts Boris Johnson has signalled he is keen for the UK to make a “big bet” on wind power, hydrogen and carbon capture and storage (CCS) as part of the government’s strategy for building a […]

Big Four accounting firms reveal ESG reporting standards

The move aims to push the large global companies which are part of the IBS to adopt these ESG standards for their 2021 accounts PwC, KPMG, EY and Deloitte all back environmental social governance reporting framework headed up by the International Business School Leaders of the Big Four accounting firms have joined forces to unveil […]

Airlines, energy firms and trade bodies join government's Jet Zero Council

Aviation represents a large and growing segment of global greenhouse gas emissions Government and industry body dedicated to zero carbon flight to include executives from Shell, Rolls-Royce, BP and British Airways alongside clutch of trade bodies and research groups The government has revealed the industry members and experts set to join its new Jet Zero […]

Climate Leadership Now: We Mean Business launches corporate climate action guide

The We Mean Business coalition aims to support corporates in taking a lead role in the fight against climate change The guide outlines how corporate leaders can combine ambition, action and advocacy to drive progress towards the world’s climate goals, according to WMB Businesses seeking guidance on how to align their activities with best practice […]

McDonald's and McCain offer climate resilience funding for potato farmers

McDonald’s is seeking boost resilience of its British potato supply chain to environmental degradation and climate impacts Fast food giant working with McCain and Prince’s Countryside Trust to help farmers improve soil health and boost resilience to climate change and Brexit McDonald’s has teamed up with frozen potato firm McCain and the Prince’s Countryside Fund […]

Trump Administration to Announce Plan to Open Tongass Forest to Logging

WASHINGTON — The Trump administration is expected on Friday to finalize its plan to open about 9 million acres of the pristine woodlands of Alaska’s Tongass National Forest to logging and road construction. The administration’s effort to open the Tongass, the nation’s largest national forest, has been in the works for about two years, and […]

Amazon swells Climate Pledge ranks with Siemens, Best Buy, and others

Real Betis, Schneider Electric, and McKinstry also amongst latest wave of companies to commit to reaching net zero emissions a decade ahead of Paris Accord goal Retailer Best Buy, engineering company McKinstry, and technology giant Siemens are among the latest crop of organisations to join The Climate Pledge initiative, committing to become net zero emissions […]

Reform VAT to help drive green home upgrades, campaigners urge

Green Alliance calls on government to end £2bn VAT subsidy on gas, which benefits well off, to help fund warm homes for poorer households Campaigners are calling for VAT to be reformed to help both accelerate the roll out of green home upgrades and reward positive consumer action to reduce waste. In a new report […]

Building the future – a picture of the new climate leadership

A new form of corporate climate leadership is emerging characterised by clear ambition, concrete action, compelling advocacy, and firm accountability, writes Eliot Whittington of the Corporate Leaders Group The bar for business action on climate change has been raised. In my years working on the climate challenge and particularly in my experience of working with […]

Limejump wins trading contract for Scotland's first subsidy-free wind farm

The Crossdykes wind farm is currently under construction in Dumfries and Galloway | Credit: Limejump The Shell-owned company is set to trade the power generated at the 46MW Crossdykes project through National Grid’s Balancing Mechanism Shell-owned energy tech company Limejump has secured a contract to trade the electricity produced by Scotland’s first subsidy-free wind farm, […]

Why are small businesses key to success on climate?

The SME Climate Hub can help smaller firms play their part in the climate fight, write We Mean Business’s Maria Mendiluce, Majda Dabaghi of the International Chamber of Commerce and Johan Falk from the Exponential Roadmap Initiative It’s not news that business has a huge role to play in ensuring we halve greenhouse gas emissions […]

Ocean Heat Waves Are Directly Linked to Climate Change

Six years ago, a huge part of the Pacific Ocean near North America quickly warmed, reaching temperatures more than 5 degrees Fahrenheit above normal. Nicknamed “the blob,” it persisted for two years, with devastating impacts on marine life, including sea lions and salmon. The blob was a marine heat wave, the oceanic equivalent of a […]

Crisps, chocolate and cheese brands under fire for wasteful packaging

Household snack brands aren’t doing enough to make packaging recycable, Which? claims Investigation by Which? finds swathes of major snack brands come in hard to recycle packaging with unclear labeling for consumers Pringles crisps, Cadbury’s chocolate and Babybel cheese are among the snack brands named and shamed for wasteful packaging in a new Which? investigation […]

Government opens £6.9m fund for energy efficiency skills training

Business Secretary Alok Sharma inspects insulation as part of the launch of the government’s green homes funding package | Credit: BEIS Funding opens in support of the government’s Green Home Grants Voucher Scheme to support low carbon retrofitting of fuel-poor building stock Businesses and organisations that offer low carbon home retrofit skills training can now […]

White van goes green: 'Retrofit army' needed to transform buildings, research finds

Retrofitting the UK’s buildings will be a critical part of the net-zero transition Retrofitting England’s buildings and infrastructure will require £40bn of investment, according to UK100 The UK will require a “retrofit army” of nearly half a million builders, electricians and plumbers to carry out the enormous work required to scale up infrasructure and refit […]

'Truly revolutionary': Elon Musk hails Tesla battery breakthrough

The EV giant’s AGM took place at an outdoor drive-in event in California on Wednesday | Credit: Tesla Billionaire offers glimpse of EV firm’s efforts to develop cheaper, more efficient battery cells at Tesla’s AGM Elon Musk claims Tesla engineers have achieved a “major breakthrough” in battery technology, which he predicts could dramatically cut production […]

Back green hydrogen to power clean growth, industry urges government

World-leading manufacturers of electrolysers such as ITM Power are already based in the UK Trade body RenewableUK outlines a series of policy recommendations to enable the UK to become a global leader in the development of green hydrogen The UK government must publish a hydrogen strategy detailing how the fuel will evolve from a niche […]

Lessons from lockdown to reset the economy

Community, flexibility, ingenuity and the simple caring for others are all values we must harness to combat the climate crisis, according to Andrew Simms and Nicky Saunter of the Rapid Transition Alliance Amid the tragedy and upheaval of the coronavirus pandemic there are also lessons to be learned, not only about tackling long-standing and seemingly […]

Zoom in on Net Zero – with National Grid's Nicola Shaw CBE

Executive director of the UK energy firm and grid operator joins BusinessGreen editor in chief James Murray to discuss the challenges and opportunities for the energy sector from the rapidly escalating net zero transition Nicola Shaw’s illustrious career has taken in high level positions across a range of industries and organisations, including the World Bank, […]

Climate tech venture capital investment soars to record levels

But new PwC report warns ‘rapid injection of capital, talent and public-private support’ still required for climate tech to deliver on its massive promise Venture capital (VC) investment in climate tech grew five time faster than the average seen across the market as a whole between 2013 and 2019, according to fresh findings from PwC. […]

California Plans to Ban Sales of New Gas-Powered Cars in 15 Years

California plans to ban the sale of new gasoline-powered cars statewide by 2035, Gov. Gavin Newsom said Wednesday, in a sweeping move aimed at accelerating the state’s efforts to combat global warming amid a deadly and record-breaking wildfire season. In an executive order, Governor Newsom directed California’s regulators to develop a plan that would require […]

Election and Supreme Court Fight Will Decide Trump’s Environmental Legacy

WASHINGTON — President Trump has initiated the most aggressive environmental deregulation agenda in modern history, but as his first term drives to a close, many of his policies are being cut down by the courts — even by Republican-appointed jurists who the administration had hoped would be friendly. Those losses have actually heightened the stakes […]

We’ll Have to Learn to Live With Smoke. Here’s Why.

PORTLAND, Ore. — For a full week this month, my family did not leave our house here in this famously outdoorsy city. At times, smoke from the state’s huge wildfires made it hard to see to the end of the block. Sometimes, we could barely see across the street. The smoke was extreme, yes. But […]

Climate campaigners launch internet tool to 'block out' fossil fuel firms

‘Block Fossils Out’ aims to block users from accessing websites and social media accounts belonging to firms which produce or fund coal, gas and oil An internet browser tool designed to “block out” websites and social media accounts belonging to companies involved in financing, extracting or burning of fossil fuels has been launched today by […]

Nestlé partners with Biffa to secure UK supply of recycled plastic bottles

Biffa recently opened a £27.5m plastic recycling plant in Durham | Credit: Biffa Partnership will see Biffa supply Nestlé Waters UK with recycled PET to produce bottles for its water brands such as Buxton Nestlé Waters has announced a recycling partnership with Biffa, which will see the waste management firm collect and process recyclable plastic […]

Net Zero Festival: One week to go

Climate Minister Lord Callanan becomes latest speaker to join top line-up of CEOs, campaigners, academics, policymakers, and over 1,000 delegates at the inaugural Net Zero Festival There is just one week to go to the opening of the world’s first Net Zero Festival, which will kick off next Wednesday morning with a series of keynotes […]

Making waves: Extreme E launches world's first electric powerboat championship

The RaceBird boats for the series are being developed by SeaBird Technologies | Credit: E1 World’s first electric boat racing series is the latest venture from Alejandro Agag, the man behind the Formula E and Extreme E electric car racing championships The man behind Extreme E and Formula E motorsport championships – Alejandro Agag – […]

Shell inks deal with Neste to boost supply of biofuels for aviation

The deal is aimed at boosting the supply of biofuels for the aviation sector | Credit: Neste The deal follows a similar supply agreement for renewable jet biodiesel between Neste and rival oil giant BP last month Shell has today announced a deal with oil refining and biofuels manufacturer Neste, which the two companies claim […]

'Race to win': Olympians call for UK to lead sprint against climate change

Paula Radcliffe participates in the New York Marathon in 2007 | Credit: Wikimdeia Commons Paula Radcliffe and Mo Farah among hundreds of athletes to warn Prime Minister that the ‘acute threat from climate change’ threatens future Olympic and Paralympic games More than 300 British Olympians and Paralympians have joined the barrage of calls for the […]