The World Bank accused of dodging 'no-coal' pledge by funnelling billions of dollars into fossil fuels
A large-scale study on hundreds of active energy projects commissioned by The World Bank Group has concluded that the body is currently financing $21bn of fossil fuel projects, compared to $7bn in the renewables sector.
Shell commits $300m to conservation and carbon offset projects
Oil giant Shell has unveiled plans to invest $300m over the next three years on conservation and carbon offset projects in a bid to reduce its carbon footprint by up to 3%.
Corporate giants target 60GW of US renewable energy
Google, Facebook and Walmart are amongst the businesses to commit to bringing more than 60GW of renewable energy online in the US through the Renewable Energy Buyers Alliance (REBA).
Report: UK oil and gas industry 'responsible for £44bn of damage each year'
The UK's oil and gas sector is causing £44bn worth of costs through environmental damage, negative social impacts and healthcare spending, a new Friends of the Earth (FotE) report has concluded.
Michael Bloomberg to launch decarbonisation tracker for utility firms
Businessman and philanthropist Michael Bloomberg has unveiled fresh plans to utilise his firm Bloomberg LP and its charitable arm, Bloomberg Philanthropies, to help the utility sector to reduce its reliance on fossil fuels.
Oil giant Eni targets net-zero carbon emissions by 2030
Italian oil and gas group Eni has pledged to reach net-zero carbon emissions for its operations by 2030, despite announcing plans to increase oil and gas production by 3.5% annually up to 2022.
Resource extraction responsible for half world's carbon emissions
Extraction industries are responsible for half of the world's carbon emissions and more than 80% of biodiversity loss, according to the most comprehensive environmental tally undertaken of mining and farming.
European lawsuit on biomass rules threatens Drax plant
A coalition of environmental campaigners has launched a court bid to stop the European Commission treating forest grown wood as a renewable source of energy.
'Worrying' rise in global CO2 forecast for 2019
The level of climate-warming carbon dioxide (CO2) in the atmosphere is forecast to rise by a near-record amount in 2019, according to the Met Office.
Renewables forecast to overtake fossil fuels in 2020
Renewables will overtake fossil fuels in 2020 to become the "dominant" source of power in Great Britain, EnAppsSys has predicted in a new report.
UK revealed as EU champion of fossil fuel subsidies
The UK spends the most of any EU nation on subsidising fossil fuels, according to a new report by the European Commission, which also found that EU-wide payments have failed to decrease despite the bloc's commitment to the Paris Agreement on climate change.
Minister urged to drop new coal-mining plans in Northumberland
A wild stretch of Northumberland beach has become the ultimate testing ground of the Government's much-vaunted commitment to phase out coal by 2025, according to campaigners.
Shell set to double investment in green energy
Oil and gas giant Shell is exploring the feasibility of doubling its annual green energy investments to $4bn (£3.2bn), as it begins to transition away from fossil fuels and move into the low-carbon and renewables sectors.
EU forges deal on coal phase-out, with special Polish clause
European Union legislators reached agreement in the early hours of Wednesday (19 December) over a proposed reform of electricity market rules that includes a 2025 cut-off date for coal subsidies, and a special clause for Poland.
Wales pledges to phase-out fossil fuels in favour of renewables
The Welsh Government has committed to phase out the continued extraction and use of fossil fuels, including those obtained by fracking, as it strives to reduce national carbon emissions by 80% by 2050, against a 2011 baseline.
MPs to examine environmental impact of UK's export credit agency
The Environmental Audit Committee (EAC) has launched an inquiry into the sustainability efforts being made by UK Export Finance (UKEF), following claims that the body's financing of fossil fuels overseas is at odds with the aims set out in the UK's Clean Growth Strategy.
Report: Renewables could meet half of UK's electricity demands by 2030, at price parity with fossil fuels
Wind and solar power - if distributed using smart, flexible power grids - could meet around 50% of the UK's electricity demands by 2030, at a price parity with coal, oil or gas generation.
Report: G20 nations off track to meet Paris Agreement goals, despite clean energy promises
Of the energy provided to G20 nations during the past 10 years, 82% was generated using coal, oil or gas - despite the bloc's promises to transition to clean power.
World has no capacity to absorb new fossil fuel plants, warns IEA
The world has so many existing fossil fuel projects that it cannot afford to build any more polluting infrastructure without busting international climate change goals, the global energy watchdog has warned.
Report: Oil and gas industry failing to invest in low-carbon projects
Global oil and gas firms have collectively invested just 1.3% of their combined capital expenditure (CAPEX) into low-carbon technologies and projects since the start of 2018, new research from CDP has concluded.
UK renewable energy capacity surpasses fossil fuels for first time
The capacity of renewable energy has overtaken that of fossil fuels in the UK for the first time, in a milestone that experts said would have been unthinkable a few years ago.
Global economic growth threatening climate change progress, report warns
The expansion in the global economy is undermining the world's efforts to achieve the objectives set out in the Paris Agreement, a new report from global consultancy Capgemini has warned.
Scottish Power shifts to 100% wind generation after £700m Drax sale
Scottish Power has ditched fossil fuels for electricity generation and switched to 100% wind power, by selling off its last remaining gas power stations to Drax for more than £700m.
World 'nowhere near on track' to avoid warming beyond 1.5C target
The world's governments are "nowhere near on track" to meet their commitment to avoid global warming of more than 1.5C above the pre-industrial period, according to an author of a key UN report that will outline the dangers of breaching this limit.
The built environment: Leading the way with LEDs
Lighting makes our world. Imagine the London skyline at night without the millions of lights illuminating the city, or trying to navigate your office, local shopping centre or even your home with just a candle... Like it or not, the built environment is completely dependent on lighting to provide us with the internal environments we need and expect.
Urgent greenhouse gas removal plan could see UK hit 'net zero' target - report
Tree-planting, restoring wetlands and using chemicals to take carbon dioxide from the air will all be needed to reduce the UK's greenhouse gases in line with government plans, scientists have said.
Report: Fossil fuel demand to peak in the 2020s due to clean energy growth
The global transition to clean energy and low-carbon technologies is set to be much quicker than previously expected, with worldwide demand for fossil fuels set to peak in the 2020s.
Machine makers are leading the way to low-carbon
With regulators and markets increasingly demanding the decarbonisation of high-emitting sectors, we are on the verge of a low-carbon industrial revolution. However, to get over the line the products and services supplied to these sectors need to transform.
Report: Clean energy stocks no longer outpacing fossil fuel investments
Clean energy investments by 200 of the world's leading corporations have underperformed compared to fossil fuel energy stocks over the past year and a half, new figures have revealed.
More than 5,500 UK churches now running on renewables
British churches have diverted more than £5m from fossil fuels, with more than 5,500 places of worship putting their faith in clean energy by switching to renewables.
Stepping up the global energy transformation: Why Mars Australia commits to 100% renewable electricity
Major brands like ours have an opportunity to lead in accelerating the transition to a low-carbon future. A new report by the International Renewable Energy Agency (IRENA) shows that businesses are stepping up their use, procurement and investment in renewable electricity. While this is good news, only 17% of us have a specific target for renewable electricity and a mere 134 have committed to 100% renewable electricity use.
IEA warns of 'worrying trend' as global investment in renewables falls
The world's energy watchdog has sounded the alarm over a "worrying" pause in the shift to clean energy after global investment in renewables fell 7% to $318bn (£240bn) last year.
The Climate Coach: Renewable Energy
I have a dream, of a society where children play safely outside in green, common areas, where there are no cars. People travel to work in electric powered trains, buses and through electric car share. They walk and cycle to school, to the local shop and to meet friends. A dream where renewable energy sources provide all the power we need - for heating, electricity and transport - in businesses as well as in homes.
Ireland becomes world's first country to divest from fossil fuels
The Republic of Ireland will become the world's first country to sell off its investments in fossil fuel companies, after a bill was passed with all-party support in the lower house of parliament.
'Carbon bubble' could spark global financial crisis, study warns
Plunging prices for renewable energy and rapidly increasing investment in low-carbon technologies could leave fossil fuel companies with trillions in stranded assets and spark a global financial crisis, a new study has found.
G7 countries pour $100bn a year into oil, gas and coal: study
Each year, at least $100bn goes to support the production and consumption of oil, gas and coal, according to a major new study published on Monday (4 June). That is despite a promise from all G7 and G20 members to stop subsidising fossil fuels by 2025.
Top pension funds and insurers failing to engage with climate risks
Some of the UK's biggest pension funds are failing to address climate-related impacts, while 25 of the world's largest insurance brokers continue to invest in coal or tar sands projects, two damning reports have claimed this week.
The danger of being positive
Positive things are being reported in the world of sustainability but is this a "false dawn" and we may prematurely assume success is inevitable and thereby prevent it.
Banking industry one of UK's 'most unethical sectors'
The UK's big five high street banks are hindering the sector's efforts to tackle climate change by continuing to profit from some of the world's dirtiest fossil fuel projects.
Developing nations call for 'urgent' action to develop Paris Agreement rulebook
A network of some of the least developed countries in the world has called on developed economies to turn "concepts into action" by accelerating the implementation of a 'rule book' for the Paris Agreement through increased climate finance.
Climate policies place $1.6trn fossil fuel costs at risk, report warns
Fossil fuel companies are exposed to $1.6trn in potential expenditure by basing business decisions on existing policies rather than international climate goals, while businesses committed to sourcing 100% renewable electricity will require $94bn to reach their goals.
Why cities are switching to renewables
Over two years after national leaders committed in Paris to keep a global temperature rise to below 2C, municipal leaders at some of the world's largest cities are stepping up to the challenge and harnessing the power of renewable energy.
UK is plugged in, as global car industry speeds away from fossil fuels
The car industry remains a vital part of the global economy. Both on its own terms - global revenues from vehicle sales reached over US$2 trillion last year - and as a sector that influences the wider global economy.
8 global sustainability trends to watch out for in 2018
Over the past 12 months, challenges around addressing sustainability issues have featured consistently in global headlines. Despite mixed political messages about our transition to a low-carbon future, the private sector has continued to drive sustainability up the business agenda; from Science Based Targets (SBTs) and Sustainable Development Goals (SDGs) to increased investor scrutiny over non-financial reporting.
Edinburgh and SOAS fulfil university divestment pledges
SOAS University of London has fulfilled a pledge to divest from fossil fuels within three years, in the same week that the University of Edinburgh became the largest university endowment fund to completely to divest away from coal, oil and gas.
Capacity Market Auction: 'Bizarre' Government policies blocking renewables funding
The provisional results of the latest Capacity Market Auction were released by National Trust today (2 February), leading to the closure on a coal-fired power plant and concerns from the renewables sector that clean technologies are being blocked from finance.
Ørsted chief calls for 'high pace' climate and SDG action
Danish energy giant Ørsted's chief executive has highlighted the severe threats of climate change and the unique opportunities of the Sustainable Development Goals (SDGs) in the company's latest sustainability report, which outlined the company's transition away from fossil fuels.
Lloyd's of London to divest from coal over climate change
Lloyd's of London, the world's oldest insurance market, has become the latest financial firm to announce that it plans to stop investing in coal companies.
Adnams: Our transition to 100% Renewable Electricity
Transitioning away from polluting, finite fossil fuels to clean, renewable energy is something that a growing cohort of responsible businesses are doing. The likes of the Sustainable Development Goals, Science Based Targets, RE100, CDP and others have brought home the importance. More directly, we have always told the business case for sustainability in three elements: business resilience, cost saving, and brand reputation
Trump will drop climate change from US National Security Strategy
The Trump administration will drop climate change from a list of global threats in a new National Security Strategy the president is due to unveil on Monday.
World Bank, major businesses and nations unite against coal funding
The One Planet Summit in Paris has signalled the beginning of the end for the coal industry, after the World Bank, numerous financial institutions and a group of nations and major businesses all pledged to phase out fossil fuel funding and use.
Corbyn backs MP pension divestment as business leaders call for improved climate disclosure
A group of 100 MPS, including Labour's Jeremy Corbyn and the the Green Party's Caroline Lucas, have called for a £612m pension fund to divest from fossil fuels, while leading chief financial officers have endorsed the recommendations of the Task Force on Climate-related Financial Disclosures.
Fossil fuel burning set to hit record high in 2017, scientists warn
The burning of fossil fuels around the world is set to hit a record high in 2017, climate scientists have warned, following three years of flat growth that raised hopes that a peak in global emissions had been reached.
High street banks still financing fossil fuel growth
The UK's high street banks are profiting from some of the world's dirtiest fossil fuel projects despite committing to deliver the Paris Agreement goals of limiting global warming to below 2C.
Huge private sector investment puts Paris climate target in reach, says report
At least one trillion dollars are being invested globally in ways to reduce the threat of climate change, including renewable power, energy efficiency, and public transport around the world.
edie Explains: Building energy management systems (BEMS)
In the latest in the edie Explains series, we look at building energy management systems (BEMS), exploring what they are, what they do and what the business benefit is.
Utility giant acquires off-grid solar specialists Fenix International
French utility giant ENGIE is continuing its transition away from fossil fuels, after announcing the acquisition of a next generation energy company that offers decentralised solar solutions to communities across Africa.
Deep breath: change the conversation
Air quality in our towns and cities is a critical issue but action and progress will be sorely limited unless we grasp the challenge of awareness, behaviour and pro-active communications.
Transport sucks up nearly half of Europe's fossil fuel subsidies, report finds
European countries spend more than €112 billion per year subsidising oil, gas and coal production or consumption - including tax breaks on highly-polluting diesel - despite a pledge to phase out fossil fuels completely by 2020.
Why Reporting 3.0 could mend the “broken” economic model highlighted by the Archbishop of Canterbury
Why sustainability specialist Nicola Stopps thinks a new economic model could provide what human beings need from a financial system.
World set to exhaust carbon budget in 2040s, despite predicted energy plateau
A "watershed moment in human history" will occur in 2030 as energy demand plateaus, although the rapid decarbonisation of the global energy supply will still deplete the carbon budget for the goals of the Paris Agreement by 2041.
Carbon tax could wipe out polluters' profits in pursuit of Paris targets
More than $1.5tn (£1.2tn) in company profits worldwide could be erased by taxes required to meet the Paris climate agreement, according to analysis by Schroders.
Cost of Energy Review: will it deliver lower bills?
Earlier this month, BEIS announced details of its 'independent review to ensure energy is affordable for households and businesses'. Here are my initial thoughts on whether or not it will deliver lowest cost, sustainable energy services for consumers.
Clean energy stocks outpacing fossil fuel investments in Trump era, report finds
Global clean energy stocks have surged past investments in fossil fuels in the past year despite the political shockwaves caused by Donald Trump's US presidency, new research has found.
Rise of electric car solves little if driven by fossil fuels, warns windfarm boss
The rise of electric cars will be a pyrrhic victory for the environment if they are powered by fossil fuels instead of renewables, according to the UK boss of the world's biggest offshore windfarm developer.
Britain spent 'twice as much on overseas fossil fuels as renewables'
The UK has spent more than twice as much overseas support on fossil fuels projects as on renewable ones so far this decade, according to research commissioned by the Catholic aid agency Cafod.
It’s getting hot in here: how to create warmth without burning fossil fuels
As the UK continues to battle its way to an 80% reduction of its carbon emissions by 2050, a sinking feeling has begun to set in for those who are aware of and involved with decarbonising the UK. Our current infrastructure and policies do not provide the right basis required to transition to a low-carbon economy at speed.
New industrial air pollution ruling puts EU coal plants on 'life support'
Large industrial plants have been given a four-year timeframe to adhere to new standards on air pollutants across the European Union (EU), a decision that places "the immediate future of coal plants into doubt", according to environmental lawyers ClientEarth.
Fossil fuel subsidies racking up trillions in health costs
Health costs related to fossil fuel use outweigh taxpayer-funded subsidies by 600%, according to a new study that insists governments should stop pumping money into dirty energy sources.
CDP: Top mining firms risking $16bn in climate costs
The world's largest mining companies are producing up to $16bn in emissions costs in their value chain, according to a report released today (20 July) by climate change research provider CDP.
Building support for bioenergy in the new political climate
This year, Clearfleau is building on-site bio-energy plants for dairy, food and distillery businesses and will be doing more of these in 2018, with many new plants being built in Scotland.
Aligning with the SDGs can bring power to the people
In formulating its approach to being a responsible business, a company should look first to its strengths and attributes rather than adopting a "nice to do" philosophy. For example, it makes sense for a technology and innovation-led business such as ours to use appropriate and smart technology to change people's lives.
Speaking out on sustainability
Recently, my son's school invited me to come in and give a presentation on what I do as the global sustainability director at Mars. I've spoken with business leaders inside and outside of Mars, policy makers, NGOs and journalists on multiple continents. But I've never had to tell that story to 30 kids between the ages of 8 and 13 (with my son watching, no less...)
Donald in Wonderland - US withdrawal from the Paris agreement
Trump just wishes that climate change would go away. We would all like climate change to be a dream. Some hard choices could be avoided, and we could keep environmentally damaging luxuries, such as fast cars and golf resorts.
Trump's Paris pullout may mean less for climate action than we think
Almost universal condemnation has greeted President Trump's decision to withdraw from and renegotiate American participation in the Paris Agreement. But energy industry experts I have spoken to are less concerned.
UK financial markets exposed to embedded fossil fuel reserves
UK businesses and investors may be inadvertently sitting on more than 15,000 tonnes of stranded fossil fuel asset emissions that could impact how the nation commits to a 2C energy scenario, new research has found.
UK's £350m coal subsidies clash with Government's phase-out pledges
The UK is providing £356m annually in coal subsidies, despite the UK Government denying that it provides financial support for fossil fuels, a new report has claimed.
MPs demand fossil fuel divestment for pension fund
Fifty MPs standing for re-election, including the Green Party's Caroline Lucas and the Conservative Party's Laura Sandys, have called for their £612m pension fund to sever investment ties with fossil fuels.
Beware false sustainability solutions
It is inescapable and undeniable that we live in a finite world. It is also becoming widely accepted that we are using resources and polluting air, land and water at unsustainable levels. That's why the term 'sustainability' is pervading many aspects of government policy, locally, nationally and internationally, and prompting business and industry to radically change the ways they operate.
Planning for a circular economy
The Environmental Services Association, the voice of the UK’s resource and waste management industry, has set out a number of recommendations to more closely align the planning system with the strategic objectives of the circular economy.
Europe's energy giants set to overshoot Paris Agreement 'carbon budget'
Europe's major utilities companies are "locked" into high emission projects, placing €14bn of earnings at risk unless they realign strategies with the goals of the Paris Agreement, a new CDP report has found.
Study: Backing fossil fuels is economically and politically irresponsible
A shift away from fossil fuels to renewables is needed at international level if the targets of the Paris climate deal are to be met. The Berlin Energy Transition Dialogue wants to set an example by bringing plenty new to the table.
How to win the war on waste in the UK
Many EU senior officials are now saying that the move to a circular economy is an economic and environmental necessity. As fossil fuels subsidies come to an end and the UK triggers Article 50, there is a sense of urgency to create a society where nothing is wasted to ensure we don't fall behind the rest of Europe and the world in our actions to save the planet.
Energy transition of 'exceptional scope' can unlock $10trn annually
Global energy-related carbon emissions can be reduced by 70% by 2050, generating $10trn a year in benefits, if countries ramp-up national commitments to reach the goals of the Paris Agreement, a new report has found.
EPA head Scott Pruitt denies that carbon dioxide causes global warming
Scott Pruitt, Donald Trump's head of the US Environmental Protection Agency, has dismissed a basic scientific understanding of climate change by denying that carbon dioxide emissions are a primary cause of global warming.
Renewables reaching cost-parity with fossil fuels, research finds
Low-carbon technologies are now reaching cost-parity with fossil fuels, according to a new report which states that solar cell technology is likely to have a "major impact" in the near future.
Low-carbon boom to stall fossil fuel demand by 2020, say researchers
The demand for coal and oil will peak in 2020 as low-carbon technology prices continue to tumble, a new report which examines the energy sector has claimed.
World Bank quashes fossil fuel funding claims
The World Bank has criticised what it believes are "grossly misrepresented" findings from the Bank Information Center (BIC), which has claimed that up to $5bn in intended low-carbon funds have instead been used to introduce tax breaks for fossil fuel developments in developing countries.
Green movement 'greatest threat to freedom', says Trump adviser
The environmental movement is "the greatest threat to freedom and prosperity in the modern world", according to an adviser to the US president Donald Trump's administration.
Fossil fuel divestment funds double to $5tn in a year
The value of investment funds committed to selling off fossil fuel assets has jumped to $5.2tn, doubling in just over a year.
28 days later: What we know so far about the climate impact of Trump
In the first 28 days since Donald Trump's presidential triumph in the US elections, edie investigates the initial impact of the climate change denier's victory on the global green economy.
Leaked EU energy package subsidises fossil fuels, undermines renewables
The EU claims to be promoting an ambitious agenda at the Marrakesh climate conference, but its latest piece of energy legislation could subsidise new coal capacity and undermine market access for renewables.
Does Donald Trump's Presidential triumph spell the end of America's climate progress?
Donald Trump has pulled off one of the biggest electoral shocks in US history, beating Democrat Hillary Clinton to become the 45th US President. edie explores what this could mean for the country's future international leadership on climate action.
Banks not living up to climate pledges, says Christian Aid
Charity organisation Christian Aid has today (November 7) kick-started a campaign calling on UK's major high street banks to rapidly shift investments from fossil fuels to clean energy.
World Energy Council: Energy demand to peak at 2030 as part of 'grand transition'
Disruptive trends and technology, such as the rise of renewables and the electrification of the transport sector, will create a "fundamentally new world" for the energy industry, which would see energy demand and fossil fuel use peak before 2030.
Solar outstrips coal in past six months of UK electricity generation
Electricity generated by solar panels on fields and homes outstripped Britain's ageing coal power stations over the past six months in a historic first.
Global cost-effectiveness of renewables revealed amid fears over domestic energy security
New analysis has highlighted the need for policymakers and investors to exploit the global cost-effectiveness of renewable power generation, as the Renewable Energy Association (REA) casts a doubt over the UK Government's willingness to prioritise energy security in post-Brexit negotiations.
UK churches show faith in renewable energy suppliers
Figures released today (1 September) have revealed that 3,500 UK churches have switched electricity suppliers to those that will only source renewable electricity, while US architects have also demanded new legislative action on climate change.