UK Spring Budget: a missed opportunity for the net zero economy
Chancellor of the Exchequer Jeremy Hunt has delivered his Spring Budget, which may disappoint those who wanted to see more support for the UK’s net zero economy.
UK labels nuclear power ‘green’ to attract climate-friendly capital
Britain will classify nuclear power as “environmentally sustainable” as the government tries to attract billions of pounds of private capital to the sector.
Government must transform UK ports to boost floating offshore wind, report says
The Government needs to transform up to 11 ports around the UK to enable the roll-out of floating offshore wind at scale, according to a new report.
Solving the challenge of transforming climate data into action
Climate data plays a crucial role in the fight against climate change and experts need to turn it into actionable information that responds to the needs of today’s society, writes Nadège Lespagnol, head of EcoAct's climate data analytics unit.
Climate risk: Bank of England finds gaps in UK financial system
The Bank of England (BoE) has published its latest thinking on climate-related risks and regulatory capital frameworks.
What is Carbon Capture Utilisation and Storage?
One area of the energy sector that everyone will be looking at following today’s budget is carbon capture utilisation and storage, however, what does that mean?
Hunt to announce creation of 12 new ‘investment zones’ in tomorrow’s budget
The Chancellor will announce the creation of a dozen new UK investment zones when he delivers the government’s budget tomorrow.
UK financial regulator probed on greenwash victims compensation
As the Financial Conduct Authority (FCA) works on new rules to prevent greenwash in investment products, a group of MPs is asking to include consumers in the equation.
Goldman sees China nearly tripling its target for wind and solar
China is likely to install nearly three times more wind turbines and solar panels by 2030 than its current target, helping drive the world’s biggest fuel importer toward energy self-sufficiency, according to Goldman Sachs Group.
UK must learn ‘urgent lessons’ to avoid losing global green race, says thinktank
The UK is being left behind in the race to develop and deploy green technologies because of an unwillingness to invest in its industrial strategy, a leading thinktank has said.