DEFINITION: A Government programme introduced to help renewable electricity generators overcome the cost disadvantages of installing and operating renewable energy technology. If a householder, community or business has an eligible installation (less than 5MW), FITs pay them a subsidy for the electricity they generate, as well as a bonus for any electricity exported back to the grid.
Governments urged to redirect $1trn of 'planet-wrecking' subsidies to nature conservation and restoration
Governments collectively funnel more than $1trn of subsidies into businesses that harm nature, including fossil fuel majors, mining giants and industrial agriculture, every year.
Five EU countries object to bloc's latest hydrogen 'manifesto'
Austria, Denmark, Luxembourg, Portugal and Spain have issued a joint letter calling on the EU to clearly prioritise renewable energies under an EU-led project aiming to accelerate hydrogen deployment, research and infrastructure.
Government ponders 120GW of solar to help reach net-zero
On the same day that the Energy White Paper was unveiled, the Government also launched a new consultation on how financing and deployment of renewable technologies can accelerate action towards net-zero, with up to 120GW of solar capacity mooted as a means to quadruple green energy nationally.
Renewable or 'low-carbon'? EU countries face off over hydrogen
EU member states are fighting over which type of hydrogen to support, with two opposing camps facing off: those backing green hydrogen produced exclusively from renewable electricity, and those in favour of a broader "low-carbon" definition, which also includes nuclear power and decarbonised gases.
Common Agricultural Policy to remain part of EU's biodiversity funding, despite criticism
The Common Agricultural Policy (CAP), voted on this week in the European Parliament and Council, will remain by far the biggest funding source for biodiversity protection schemes at EU level, despite claims that it has encouraged intensive and damaging farming.
EU lawmakers up the ante, vote for 60% climate target for 2030
The European Parliament's environment committee has voted for a new EU-wide target to reduce carbon emissions 60% by 2030, setting the stage for tough negotiations with EU countries and the European Commission, which is expected to propose a 55% goal next week. EURACTIV Germany reports.
Amazon finances 115MW wind farm to power Irish data centres
Amazon has committed to source 100% of the power generated by a new 115MW onshore wind farm in County Galway, Ireland, as it strives to reach 100% renewable electricity by 2030.
Report: Europe recorded record solar output amid Covid-19 lockdowns
Solar output in Europe hit a record high of 47.6TWh in the second quarter of 2020, new analysis from EnAppSys has shown.
The ESG Handbook 2020: Spurring the green recovery
Green finance and ESG investing were reaching a tipping point, then the coronavirus pandemic swept across the world. The virus hasn’t so much as tipped the scales towards ESG investing but rather poured most of the world’s financial system towards it.
Macquarie issues joint venture on 1GW solar and battery project pipeline
Macquarie's Green Investment Group (GIG) has announced a new UK joint venture with Enso Energy to create one of the largest solar and battery portfolios that will enhance the biodiversity on each project site.
Report: Global carbon budget will be exhausted in 15 years without fossil fuel finance overhaul
Without drastic action from banks, policymakers and regulators, the world risks becoming stuck in a "climate finance doom loop", whereby financial systems support the organisations contributing most to environmental changes which undermine their very security.
The decentralised energy toolkit for business
This free Decentralised Energy Toolkit breaks down how organisations can utilise distributed energy solutions to take control of their energy use and realise various competitive and environmental benefits – from increased energy resilience and better efficiency to reduced emissions, lower costs and new revenue streams.
One year on: How has the solar feed-in-tariff closure impacted renewables in the UK?
The UK's Feed-in Tariff (FiT) scheme for small-scale renewable arrays closed on 1 April 2019, much to the disappointment of key green campaign groups and solar industry figures. But, in the 12 months that followed, how has the market responded?
Business leaders call for recovery packages to be tied to net-zero corporate targets
The chief executives from 40 global organisations including BP, Heathrow Airport, Shell and HSBC, have called on governments to focus economic recovery packages in ways that enable sectors and businesses to transition to low-carbon and resilient models of operation.
CCC: Change tax systems to build green economic recovery post-coronavirus
The Committee on Climate Change (CCC) has advised Prime Minister Boris Johnson, COP26 President Alok Sharma and national first ministers across the UK, calling for climate action to be placed at the heart of an economic rebuild following the coronavirus pandemic.
UK smashes solar generation record
Solar use in the UK broke an all-time peak generation record on Monday (20 April), accounting for almost 30% of UK electricity demand, with the UK also operating for more than 11 consecutive days without coal.
Airlines, automakers and fossil fuel firms blasted as 'coronavirus climate profiteers'
A new report has blasted the lobbying efforts of the airline, automaker, fossil fuel and logging industries, claiming that organisations are attempting to benefit from billion-pound bailouts in response to the coronavirus that enables them to carry on with climate-wrecking business practices.
Nations risking 'uneconomic' coronavirus responses by prioritising coal, report warns
China, the US, India and European nations are at risk of being burdened with uneconomic, long-term plans to stimulate their economies in response to the coronavirus outbreak by focusing on new coal capacity, a new study from Carbon Tracker warns.
BYD to offer electric vehicle components to auto rivals
Chinese automaker BYD has announced that it will "open its technology and products to the whole world" by sharing its electric vehicle (EV) manufacturing components with rivals and the rest of the industry, on the same week that it fully formed a joint research venture with Tesla.
Comprehensive net-zero strategy could increase UK green jobs by 85%
The UK Government can deliver an 85% increase in renewable and clean technology jobs in a decade by implementing better taxation systems and outlining a roadmap for net-zero emissions, a new report from the REA has found.
Budget: Green groups urge £33bn annual investment to meet UK's net-zero target
Ahead of Wednesday's (11 March) Budget, green groups have put forward their key asks for Chancellor Rishi Sunak. Here, edie rounds up the calls to action - including recent IPPR analysis claiming that £33bn more must be spent annually on decarbonisation to meet the 2050 net-zero target.
Government announces major overhaul to UK's onshore wind subsidies
Updated: The UK Government has reversed its decision to effectively ban onshore wind, solar and energy storage from competing in the Contracts for Difference (CfD) rounds, following calls for a review to its renewables policy framework in light of the net-zero target.