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The research finds that emissions are likely to be the same levels in 2030 as they are today

Just one country on course to meet 1.5C target, new research warns

Only Gambia is currently on course to deliver climate action that is in alignment with the 1.5C pathway of the Paris Agreement, according to new research from Climate Action Tracker (CAT), which warns that momentum on updating climate targets has stalled.

The new report builds on the IEA's recent call to end the expansion of the fossil fuel sector immediately 

Report: Oil and gas firms must halve production by 2030 if world is to deliver Paris Agreement

Oil and gas companies must plan for major production declines by the 2030s to meet the 1.5C target laid out in the Paris agreement, or risk losing $1trn, according to a new report.

80% of the banks have net-zero financed emissions targets for 2050 or sooner - but questions remain as to how this milestone will be reached

Europe's biggest banks failing to end coal financing despite net-zero climate pledges, report finds

An analysis of how 25 of Europe's largest banks are acting on climate issues has found that fewer than half have committed to ending financing for coal activities.

The 'Drive CO2 Neutral' campaign has been running in the UK as well as the Netherlands

Shell campaign promoting carbon offsetting is greenwashing, Dutch advertising watchdog rules

The Netherlands' advertising watchdog has urged Royal Dutch Shell to stop running a campaign promoting fuel purchases as 'carbon neutral', providing that customers purchase offsets.

The International Energy Agency (IEA) has stated that new fossil fuel exploration should be halted to give the best chance of reaching net-zero by 2050

UK's oil and gas sector pushes Government to back 18 new projects as Cambo row rolls on

As environmental groups and the Government's own climate advisors push for new North Sea oil and gas projects to be stopped, the sector's industry body is arguing the case for up to 18 new projects.

The UN estimates that more than one-third of the global population is living in water-stressed regions

Fashion, finance and fossil fuels creating 'critical' water risks, CDP warns

The apparel, fossil fuel and financial services sectors are among those dealing the most damage to the world's water systems, according to a new analysis from CDP.

Pictured: A solar project in Mallorca

Report: Clean electricity accounted for record two-thirds of EU's generation mix for first half of 2021

Renewables and nuclear power accounted for a record 66% of electricity production across the EU during the first half of 2021, with clean energy proving far more resilient to the pandemic than fossil fuels.

Hydrogen looks set to be a key enabler in the decarbonisation of heat, transport and heavy industry

5 ways the Hydrogen Strategy can help the UK's net-zero ambition

The UK Government has unveiled its long-awaited Hydrogen Strategy, outlining how a multi-billion-pound investment into the technology can reduce emissions and create jobs on the road to net-zero. Here, edie looks at five roles that hydrogen could play in delivering rapid decarbonisation.

Pictured: One of Shell's hydrogen production facilities. Image: Shell

Blue hydrogen could produce more emissions than burning natural gas, academic study finds

Scientists are warning that 'blue' hydrogen, which is produced by splitting natural gas and capturing process emissions, could generate 20% more emissions over its life-cycle than burning the natural gas in the first instance.

Adverts often overstated investment plans for low-carbon energy or claimed that natural gas is 'green'

Facebook accused of failing to tackle misleading climate claims from fossil fuel majors

Oil and gas businesses and lobby groups collectively spent almost $9.6m on Facebook advertising in 2020, a new report has revealed, with the majority of these adverts either containing misleading information or promoting initiatives which are not aligned with climate science.

Renewables were affected by supply chain shocks and decreased investment, but growth as a proportion of the energy mix outpaced fossil fuels year-on-year for the first time

UK's fossil fuel generation reached a record low in 2020, as renewables reached new heights

The UK Government has released new data on energy generation and consumption during 2020, revealing that fossil fuel generation plummeted to new lows as demand dipped due to Covid-19 restrictions affecting the transport sector.

WGS claims that, across the entire production lifecycle, the biogas reduces carbon emissions by more than 95%

Glenfiddich to power delivery trucks with onsite biogas fuelling stations

Scotch whisky brand Glenfiddich has introduced fuelling stations at a distillery in Scotland to enable parts of its fleet to run on biogas made from the residues of its own distilling process.

Scottish Widows research found that 56% of defined benefit (DB) pension savers would consider investing their pension funds in clean, fossil fuel-free energy

Scottish Widows 'reboots' £250m environment fund to screen against fossil fuels

Scottish Widows has launched a 'rebooted' Environmental Fund that will give six million customers the chance to invest in "great green" British businesses, while screening against exposure to fossil fuels.

Reaching the EU’s 2030 climate goal will require a significant build-up in the production of renewable electricity, which is needed to feed the electrolysers generating green hydrogen

EU's green hydrogen plans hailed as 'true game-changer' by industry

The European Commission boosted regulatory support for green hydrogen in its proposed overhaul of climate legislation published last week, with the renewable hydrogen coalition calling it "a true game changer" for the nascent EU industry.

edie summarises how the world can reach net-zero emissions by 2050, according to BNEF

How the world can reach net-zero emissions by 2050, according to BloombergNEF

BloombergNEF has published its latest New Energy Outlook report, examining three progress pathways to reach net-zero globally by 2050. Here, edie summaries what will need to change to deliver this low-carbon trajectory.

All of the state-owned businesses and major corporates analysed have increased either oil or gas production, or both, since 2014

Report: Oil and gas companies set to eat up 80% of global carbon budget

The oil and gas sector is set to burn through some 80% of the total global carbon budget the world will need to stick to if the Paris Agreement's 1.5C trajectory is to be realised, a major new report has revealed.

Pictured: The San Juan Generating Station, one of the US's 241 coal-fired power plants

G20 nations have funnelled $3.3trn into fossil fuel subsidies since 2015, BNEF reveals

G20 member countries collectively allocated subsidies topping $3.3trn to the oil, coal, gas and fossil-fuelled electricity generation sectors between 2015 and 2019 - a level incompatible with the Paris Agreement.

Currently, Shell is aiming to reduce the carbon intensity of its products by 20% by 2030

Shell to appeal court ruling compelling it to set more ambitious climate targets

Royal Dutch Shell has confirmed plans to appeal a court ruling ordering the energy major to set stronger targets to reduce greenhouse gas emissions.

Pictured: Solar panels being installed on a farm in India

Report: Global demand for fossil-fuel-fired electricity has peaked

After demand for fossil fuels for electricity generation peaked across developed markets in 2007, it has now peaked across developing markets as well, according to a new report.

Persil, Comfort, Sunlight, Surf and Seventh Generation formulations with the enzymes will be tested 

Unilever eyes optimised enzymes in bid for fossil-fuel-free laundry products

Unilever has announced a new partnership with protein design start-up Arzeda, which will see it test new enzymes in cleaning and laundry products in order to lower their carbon footprint.

So far the European Commission has endorsed nine recovery plans from EU countries

Recovery plans fall short of EU green spending goals, campaigners warn

As the European Commission starts endorsing national recovery plans submitted by EU countries, campaigners are growing concerned that the EU executive may not fully enforce the fund's green spending target.

Hundreds of shareholder motions on climate have been filed this year already

'Votes have jumped dramatically': Why investors are pressing companies to accelerate climate action

The 2021 AGM season saw a flurry of climate-related shareholder resolutions being filed - and passed - at the world's biggest banks and fossil fuel majors. Here, edie interviews the architects of these resolutions to get an inside look at their development and growing success.

Policy loopholes need to be closed urgently to shift the world in favour of low-carbon energy at a pace needed to deliver net-zero, REN21 is warning

Report: Global fossil fuel use not yet in decline, despite renewable energy pledges

Fossil fuels accounted for some 80% of global final energy consumption in 2019, the same share of the energy mix as a decade ago, a major new report has revealed.

The best performer, the DAX 30, still failed to meet Paris Agreement requirements, with a 2.2C temperature trajectory

G7 nations failing to align major stock indexes with climate commitments, report reveals

None of the largest stock indexes operating in G7 nations are aligned with either of the Paris Agreement on climate change's two pathways, according to new research out today (10 June).

If the same pace of investment is maintained, peak oil will happen “around 2030,” according to CMS Research

Study: World set to hit 'peak oil' by 2030 as energy majors shift to renewables

The world's largest oil and gas companies increased investment in clean energy by 34% in 2020, despite a 6% fall in global energy demand caused by the coronavirus pandemic, according to new research.

Image: XR South East UK

UK urged to end new oil and gas licencing as Extinction Rebellion protestors target BP

More than 50 environmental charities and campaign groups are urging the UK Government to ban new oil and gas licencing either at the G7 Summit this month, or ahead of COP26 in November.

HSBC must now publish a plan outlining its new phase-out policy

Shareholders pass vote for HSBC to phase-out global coal financing by 2040

Shareholders of HSBC have today passed a proposed management resolution that commits the bank to phase-out financing for the coal industry by 2040 worldwide, following successful campaigning from investors.

After BP shareholders rejected a climate motion earlier this month, several other major players will now be forced to strengthen targets 

Climate activists appointed to ExxonMobil board as Chevron shareholders back stronger emissions goals

Shareholder motions filed by climate activists have passed at US fossil fuel giants ExxonMobil and Chevron, with disgruntled investors clearly keen to see more ambitious emissions reduction targets.

Currently, Shell is aiming to reduce the carbon intensity of its products by 20% by 2030

Dutch court orders Shell to strengthen carbon reduction targets

A Dutch court has ordered a groundbreaking ruling for Royal Dutch Shell to raise its commitments to carbon reduction, in what could mark the first of many legal cases against energy firms on climate grounds.

Campaigners claimed that Shell's plans could only cut emissions by 10% by 2030, in absolute terms

Shell shareholders vote against climate activists' net-zero plans

Royal Dutch Shell received overwhelming backing for its own energy transition strategy at its AGM today (18 May), but a shareholder resolution that would have forced accelerated climate action did not pass.

Chemical companies, oil majors, banks and investors all come under fire in the new report

Beyond retail: Banks and fossil fuel giants urged to face role in plastic pollution crisis

Just 20 businesses are responsible for half of the world's single-use plastic waste, with fossil fuel majors including ExxonMobil and Total among the worst offenders, a new study has revealed.

Pictured: St Andrew's Church, a Church of England location in Surrey

'Care for creation': Fossil fuel divestment promised by dozens of major faith institutions

The Church in Wales, Diocese of Bristol and Diocese of Oxford are among a group of 36 faith institutions to have jointly committed to divesting from fossil fuels, stating that they have a moral imperative to help combat the climate crisis.

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edie kicks off new COP26 Primer report series with Clean Energy focus

As part of the brand-new Countdown to COP26 Festival of digital content and events, edie has this week launched a series of "Primer Reports" which provide need-to-know insights into the key themes of this year's crucial climate talks. First up: Clean Energy.

Pictured: A semi-submersible oil rig off the coast of Aberdeenshire 

'Unlawful and irrational': UK Government taken to court over oil and gas subsidies

Environmental campaigners have launched a legal challenge against the UK Government, arguing that its continued support for expanding oil and gas production in the North Sea is incompatible with its climate laws and commitment to 'levelling up'.

PLFs are found in products including paint, cosmetics, shampoos and adhesives. They are classed as 'low environmental concern' in terms of toxicity, but bear a high carbon footprint and are hard-to-recycle. 

Consumer goods giants team up for greener chemicals drive

Unilever and Crown Paints are among the members of a new task force exploring how to make the polymers commonly used in consumer products - often based on fossil fuel derivatives - more sustainable.

Green groups are concerned that Barclays' investors are potentially less engaged with climate issues than they were last year

Barclays shareholders reject resolution on fossil fuel phase-out

Despite continued campaigning from non-profits, activists and investors, Barclays' shareholders have rejected a proposal that would require the bank to reduce fossil fuel finance on climate grounds.

After this year's Budget and the first 'Tax Day', further announcements are due in the second half of the year

MPs accuse Treasury and HMRC of shirking climate responsibilities

The Treasury and HMRC are failing to respond to a "climate storm breaking all around us", failing to make the necessary changes to tax systems and short-term funding packages needed for the 'just' transition to net-zero.

BlackRock now manages more than $200bn in long-term sustainable strategies

BlackRock launches temperature-aligned investments funds

The world's largest investor BlackRock has unveiled two new temperature-based exchange funds aimed at helping investors align portfolios with the pathways of the Paris Agreement.

Coal and gas demands could be higher this year than in 2019, but oil is set for a far slower recovery

Global energy emissions set to rebound as Covid-19 lockdowns lift, IEA warns

Global energy demand is rebounding rapidly from the Covid-19-related slump, with fossil fuels set to play a major role in meeting this demand, the International Energy Agency (IEA) is warning.

Solar costs have fallen by an average of 18% every year since 2010 with wind prices down 9% annually

Report: Solar and wind can meet global energy demand 100 times over

The tumbling costs of wind and solar can unlock demand that could power the world 100 times over, with a new report from think tank Carbon Tracker finding that renewables are set to push fossil fuels out of the electricity mix by the mid-2030s.

Coal accounted for almost 58% of China's energy generation pre-pandemic

Report: China's carbon neutrality goal only achievable with major coal phase-out

If China is to meet its 2060 ambition of carbon neutrality, announced last year, it must shut hundreds of gigawatts of coal generation and reform emissions trading as a priority, a new report has revealed.

The net-zero commitments cover business operations, digital infrastructure and the sector’s historic emissions

Crypto Climate Accord aims for 100% renewables and net-zero digital currency by 2040

A new global accord has been set up to align the swelling cryptocurrency market with the ambitions of the Paris Agreement by ensuring that blockchain and energy-intensive currency mining systems are powered by renewables and reach net-zero emissions by 2040.

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edie launches new business guide on net-zero carbon heating

edie has today (7 April) launched a new guide detailing everything businesses need to know and consider when looking to decarbonise heating in line with the net-zero movement.

The UK government imposed a moratorium on fracking in England in 2019. Scotland and Wales have moratoria in place against hydraulic fracturing.

Fracking ban should continue for UK to meet net-zero, CCC warns

The Climate Change Committee (CCC) has told the UK Government that restrictions on onshore fracking for shale gas must be continued until scientists have a better understanding of its full environmental impact.

The report shows how fossil fuel investments have begun to underperform, while renewable energy investments increasingly outperform

Report: Investors ditching fossil fuel stocks as value drops by billions of dollars

The value of share offerings in fossil fuel firms has plummeted by $123bn since 2012, a new report has revealed.

The 10.7% reduction is the largest proportional fall in UK greenhouse gas emissions in a single year 

Covid-19 sees carbon emissions fall 10% in 2020 as UK nears half-way mark to net-zero

The impacts of the coronavirus pandemic delivered an estimated 10.7% reduction in carbon emissions in 2020, with total greenhouse gas emissions almost 50% lower than they were in 1990, the baseline year for the UK's net-zero target.

Green groups claim the decision is against efforts to champion climate action in the build up to COP26

'Outrageous hypocrisy': Government condemned over £16bn oil and gas sector 'bailout'

Green groups have expressed their anger at the Government's new £16bn sector deal that pledges to align the oil and gas sector with the national net-zero target, while also ending financing for overseas fossil fuel projects, with many frustrated by a refusal to end oil and gas licensing.

Pictured: Oxford, UK

UK cities leading the way on net-zero and renewable energy, report finds

Almost three-quarters (73%) of the UK's urban population live in towns and cities with net-zero targets and/or strong local policies on renewable energy, compared to a global average of just 25%.

Swiss Re's UK headquarters are located within the Gherkin (pictured)

'Systematic climate approach': Swiss Re plots global coal phase-out by 2040

Insurance and reinsurance giant Swiss Re has announced new climate targets for financed emissions and pledged to stop serving the global coal sector by 2040.

Money needs to be re-aligned in order to stimulate this demand

IRENA: Existing solutions can spur progress to net-zero

Global power sourced from renewables is set to treble by 2050, with wind, solar and hydrogen all required to account for 90% of all decarbonisation solutions to push the global economy towards the 1.5C pathway, a new report from the International Renewable Energy Agency (IRENA) has found.

The resolution will be put to a vote in May at HSBC’s AGM

HSBC to vote on phase-out of fossil fuel funding

HSBC will propose a new commitment to completely phase-out financing of coal-fired power and thermal coal mines by 2040 globally, following negotiations with a group of investors with $2.4tn in assets under management.

Almost one-quarter of the directors analysed have a close link to the fossil fuel sector

'Climate conflict': 4 in 5 UK bank directors have connections to high-emitting corporates

An analysis of the activities of directors at the UK's biggest banks has revealed that almost 80% have close ties to corporates in industries linked to climate change and pollution - which could undermine their net-zero commitments.

The IPCC has stated that achieving the Paris Agreement's 1.5C pathway will require net global emissions to reach zero by 2050

US takes step towards 2050 net-zero target with sweeping climate bill

A wide-ranging climate bill has been introduced to the US House of Representatives this week that, if passed, will commit the nation to net-zero by 2050.

The EU's Green New Deal is meant to see the EIB becoming 'the climate bank' for the bloc

EIB spent €890m on fossil gas since phase out pledge, activists say

The European Investment Bank (EIB) has invested €890m in gas projects since it pledged to phase out investments into fossil fuels by 2022, contradicting the bank's "gas is over" narrative, activists say.

The requests reveal the pension investment trends of more than 80 UK councils

As Trinity College Cambridge divests, UK council pensions still hold £10bn in fossil fuels

Freedom of information requests by environmental campaigners have revealed that UK local government pensions held almost £10bn in fossil fuel companies last year, despite the trend towards climate emergency declarations.

Like many fossil fuel majors, Shell has significantly changed business plans in the wake of the IPCC's landmark report and, latterly, Covid-19

Shell reaches peak oil and emissions as it plots net-zero pathway

Shell has published an updated business strategy in light of the Covid-19 pandemic and its pledge to reach net-zero emissions, which confirms that 2019 will be its peak in terms of oil production.

The report argues that legislation is needed to stop fast fashion's negative environmental impact from spiralling 

Fast fashion: Polyester production has doubled since 2000, with huge climate implications

The production of fossil-based synthetic textiles has doubled globally within 20 years, as fast fashion production and consumption has increased. According to a new report, this will have sizeable implications for climate change.

A host of green finance experts met virtually on day one of the Sustainability Leaders Forum

Finance and policy: The external drivers forcing businesses to take climate action

Sustainability professionals have often found frustration when trying to embed CSR across an entire organisation, but the mainstreaming of Environmental, Social, and Governance (ESG) investing looks set to create new momentum behind the green recovery.

Along with Barclays, HSBC has often been the target of environmental campaigners

Survey: UK banks could lose millions of customers unless they get tougher on climate

A survey of more than 2,000 bank customers in the UK has found that more than one in ten would switch banks if they thought their choice of company was investing heavily in fossil fuels. The impact could be significant for big high-street brands, that could lose millions of customers each.

Wind output grew as coal, gas and nuclear declined

Report: Renewables overtook fossil fuels as UK's main electricity source in 2020

Renewables generated a record 42% of the UK's electricity in 2020, while fossil fuels accounted for 41% of electricity generation, according to a major new analysis.

Pictured: Solar panels on an Ikea store in Sydney, Australia 

Ikea surpasses renewable energy generation milestone after installing 920,000 solar panels

Ikea's parent company Ingka Group generated more renewable energy that it consumed last year, marking a milestone on its vision to become a "planet-positive" business.

The Biden Administration is expected to reverse more than 100 climate-related policies introduced by Trump

Biden signs flurry of executive orders on nature conservation and fossil fuels

After re-committing the US to the Paris Agreement last week, President Biden has this week signed a string of executive orders around nature conservation and minimising emissions from the energy sector.

The bank doubled its corporate bond programme in response to Covid-19. Image: George Rex, CC BY SA

Bank of England's high-carbon financing a 'moral hazard', MPs warn

The Bank of England risks creating 'moral hazard' by continuing to finance high-carbon projects and companies and providing no-strings-attached financing to carbon intensives companies, the Environmental Audit Committee (EAC) has warned.

Pictured: A CGI mock-up of the proposed plant. Image: Drax

Legal bid to stop UK from building Europe's biggest gas-fired power plant fails

The Court of Appeal has thrown out a legal challenge to the UK Government's decision to grant planning permission for Drax's major new gas-fired power plant.

Pictured: An artist's impression of the completed mine. Image: West Cumbria Mining Company 

Kwasi Kwarteng admits 'tension' between UK's new coal mine and climate ambitions

BEIS Secretary Kwasi Kwarteng has admitted that the Government's decision not to intervene with the planning process for a new coal mine in Cumbria is at odds with its domestic climate targets and the messages it wants to send as COP26 host.

The IEA is highlighting how methane leaks have environmental and financial costs - and how regulation is likely to get toucher in the near future

IEA: Oil and gas sector must 'lock in' methane emissions reductions seen amid Covid-19 lockdowns

Methane emissions from the global oil and gas industry fell 10% year-on-year in 2020, the International Energy Agency (IEA) has revealed. But the body believes this is mostly because of lockdown restrictions, rather than heightened environmental ambitions.

Gas and renewables have proven more resilient to the impacts of the pandemic than oil

McKinsey: Global fossil fuel demand will peak in 2027

One of the world's largest consultancies has published analysis outlining how global fossil fuel demand could peak by 2027. Due to the Covid-19 pandemic accelerating trends in electrification and energy efficiency.

Pictured: Drax's power station in North Yorkshire, where two coal units will close later this year. Image: Drax/ A.Chadwick

UK's coal power spikes amid cold snap, despite 'greenest year on record' for electricity in 2020

Coal and gas have routinely accounted for 60% of electricity generation in Britain over the past week, sparking concerns around the nation's ability to maintain energy security in a low-carbon manner during winter weather conditions.

If the new resolution receives more than 75% of votes at the bank’s upcoming AGM in April, HSBC would be required to publish a strategy

Investors file climate resolution at HSBC

Investors with a combined $2.4trn in assets under management have filed a resolution at HSBC, calling on the bank to publish a strategy that outlines efforts to reduce exposure to fossil fuel assets.

For oil and gas firms, Scope 3 sources can account for some 80% of annual emissions on an absolute basis

ExxonMobil discloses emissions of oil and gas product use for the first time

ExxonMobil has disclosed the full extent of its Scope 3 (indirect) emissions from the final use of its energy products, which are more than Canada's national annual emissions.

Environment ministers want more done to guarantee renewable production and to support local businesses in the hydrogen supply chain

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.

The UK's oil and gas sector employs 270,000+ people and pays £350m+ in taxes annually

UK's oil and gas sector outlines net-zero vision, but remains reluctant to downsize

The watchdog for the UK's oil and gas industry has published a strategy designed to align businesses with the 2050 net-zero target, but green groups want more done to cap production and increase investment in renewables.

Lloyds of London's members have previously supported projects like the Adani thermal coal mine in Australia 

Lloyds of London finally agrees to divest from coal

Insurance giant Lloyds of London has promised to end investment in coal, oil sands and fossil fuel exploration in the Arctic, following years a pressure from climate campaigners.

The Treasury reiterates that net-zero is “essential” in delivering long-term prosperity

Net-zero impact on UK economy to be 'relatively small', Treasury finds

The HM Treasury has published a final report in the build-up to a Net-Zero Spending Review, claiming that the transition to meeting the UK's long-term climate goals could deliver "slightly positive or slightly negative" economic growth for the UK, depending on how decisive policy action is.

Exxon said it would prefer to develop short-term goals than developing a long-term net-zero vision

ExxonMobil's new climate targets slammed by investors and green groups

US-based oil major ExxonMobil has outlined new emissions reduction targets through to 2025, but green groups have called them "woefully inadequate" and investors are pushing for a restructure to its board of directors.

The White Paper builds on the Ten Point Plan and National Infrastructure Strategy

Five things you need to know about the Energy White Paper

After months of delays, the UK Government finally unveiled its Energy White Paper on Monday (14 December) detailing how an overhaul to transport, energy and infrastructure will deliver an "overwhelmingly decarbonised power in the 2030s" on the road to net-zero by 2050.

The Chancellor announced in March the UKEF would receive an additional £2bn to finance clean energy projects overseas

UK Government to end support for overseas fossil fuel projects

Prime Minister Boris Johnson has confirmed that the UK Government will end financing and support for overseas fossil fuel projects in the build-up to COP26 in 2021.

CCC chair Lord Deben said many high-emitting industries will need to become "wholly different"

'A game-changer': UK's green economy leaders react to the Sixth Carbon Budget

Green groups and trade bodies have broadly welcomed the Climate Change Committee's Sixth Carbon Budget, headlined by a recommendation to cut annual emissions by 78% by 2035. But they want to see the Government act rapidly and boldly to prove it can deliver.

Pictured: Uniper's gas storage plant in Etzel, Germany

Uniper targets carbon neutrality by 2050, outlines coal-free vision

German multinational energy giant Uniper has pledged to achieve carbon neutrality across its global business by 2050, outlining new goals around coal phase-outs and green hydrogen.

The UK's oil and gas sector represents 230,000 onshore jobs and 30,000 offshore roles

Green recovery: UK urged to accelerate 'just' transition from North Sea oil and gas

With thousands of UK-based oil and gas workers on furlough and the sector's economic recovery likely to be slow, policymakers are facing calls to cap North Sea fossil fuel production and reskill communities for low-carbon industries.

The latest draft text, obtained by EURACTIV, “significantly weakens the priority given to renewable hydrogen,”

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.

Continual emissions reductions are needed to meet net-zero, but recovery from the pandemic will likely see an increase

Emissions from energy sector likely to rebound from Covid-19, Capgemini warns

Emissions from the global energy sector will be 7-8% lower in 2020 than in 2019, but most nations are still failing to align their energy generation and consumption patterns with long-term climate targets, Capgemini is warning.

The firm has made several major climate announcements since Anders Opedal took over as chief executive

Equinor sets 2050 net-zero target, says 'peak oil' is likely in 2030

Norwegian energy major Equinor has set a 2050 net-zero target, going beyond its previous commitment to reach 'near-zero' emissions for North Sea operations.

Collectively, G20 nations have allocated 33% more funding to fossil fuels than low-carbon generation since March

UK's Covid-19 recovery package for energy 'not net-zero aligned', report finds

The UK Government has earmarked £3.8bn of stimulus funding for legacy fossil fuel and nuclear generation, compared to just £121m for renewables, a damning new report has claimed.

On average, each of the 50 banks was linked $52bn in finance that is causing biodiversity loss risk

Banks and agribusiness linked to biodiversity loss

Some of the world's largest banks have been linked to industries that are causing mass deforestation and biodiversity loss, with some in the finance sector providing loans and underwriting worth more than $2.6trn to climate-wrecking initiatives.

Unilever is aiming to use at least 25% PCR by 2025 and expects to double the amount it uses over the next 12 months

Unilever expects to double use of recycled plastics in next 12 months

Unilever has confirmed that 10% of its plastic footprint now consists of post-consumer recycled plastic (PCR), as the company pushes ahead to meet a target of halving the use of virgin plastic.

The Government has responded to advice from the CCC

Government to publish 'comprehensive' net-zero strategy in build up to COP26

The UK Government has responded to the latest Committee on Climate Change (CCC) progress report, pledging to publish a "comprehensive" strategy that will detail how all parts of the economy will decarbonise in line with the national net-zero emissions target for 2050.

The European Commission and individual member countries are being urged to follow suit

Lawmakers vote to exclude fossil fuels from EU recovery fund

The environment committee in the European Parliament has voted to exclude fossil fuels from support under the EU's €750bn recovery fund intended to boost the bloc's economy in the wake of the coronavirus crisis.

With around half of global GDP covered by net-zero targets, fossil fuel majors are under pressure to transform

Low-carbon transition: Even best-prepared fossil fuel majors 'to see half of portfolios become uncompetitive'

While European oil and gas majors are diversifying their portfolios to include more renewables, setting stricter climate targets and adjusting their oil price predictions, at least half of their operations won't be competitive in a 1.6C world, a new report claims. 

Since Covid-19 was declared a pandemic, several oil and gas majors have changed their climate and investment plans

Total to increase annual renewables investments to $3bn by 2030

French oil & gas major Total has pledged to increase its annual investments in renewables by 50% by 2030, against the $2bn allocated in 2019, as it strives to meet a 2050 net-zero target.

Pictured: A fossil fuel project in the North Sea

UK Government reps 'discussing potential COP26 sponsorship deals with oil majors'

Despite a promise to ensure that COP26's corporate sponsors are "making real contributions" to climate action, government representatives have reportedly been in discussions with some of the world's highest emitting firms, including Equinor, BP and Shell.

The University of Cambridge became the first higher education institution in the world to set science-based targets in line with the Paris Agreement's more ambitious 1.5C trajectory

Cambridge University to divest £3.5bn fund from fossil fuels as part of net-zero ambition

The University of Cambridge will divest its £3.5bn endowment fund from fossil fuels by 2030, as part of a wider plan to reduce the University's emissions to net-zero by 2038.

London, like many UK cities, has set a net-zero target ahead of the 2050 deadline

London and Bristol vow to divest from fossil fuel companies as part of Covid-19 recovery plans

The mayors of 12 major global cities, including London and Bristol in the UK and Berlin, Milan and Oslo in Europe, have committed to "take all possible steps" to divest their city assets from fossil fuel companies.

China accounts for 28% of the world's emissions and almost 10% of global GDP

China's carbon-neutral target for 2060: What does it mean for global climate action?

The world's largest emitting country, China, has pledged to carbon neutrality by 2060, in a surprising yet welcome move that will boost global negotiations on climate action ahead of next year's COP26 summit.

#SustyTalk: Lloyds Banking Group's James Wilde on financing the green recovery

edie's #SustyTalk interview series continues with Lloyds Banking Group's head of sustainability James Wilde taking part in a virtual discussion on financing the green recovery, as well as providing an update on the bank's efforts to halve its emissions.

Unilever has pledged to transition to more sustainable sources of carbon, in line with its 2039 net-zero commitment

Unilever's Persil switches to bio-based formula and recycled plastic bottles

Unilever-owned cleaning brand Persil has launched a new liquid formulation made from plant-based stain removers and biodegradable ingredients that will be packaged in fully recyclable bottles made from 50% post-consumer recycled plastic.

Sharma was quizzed on the UK's roads programme, green buildings grants and COP26 preparations 

Alok Sharma promises 'joined-up thinking' on net-zero policy, but examples remain scarce

Business Secretary Alok Sharma delivered rhetoric that the Government will approach the net-zero emissions commitment for 2050 through a "joined-up thinking" approach, but was unable to confirm any concrete policy announcements that would ensure fossil fuels aren't locked into the future economy.

The UK's oil and gas sector employs 270,000+ people and pays £350m+ in taxes annually

BEIS to review whether UK's oil and gas licencing regime is net-zero compatible

The Department for Business, Energy and Industrial Strategy (BEIS) will review whether its plans for the future oil and gas licencing regime are "aligned with tackling climate change" and compatible with the UK's 2050 net-zero target.

The virgin plastics industry is described in the report as a 'bloated behemoth' which is primed for disruption

Report: World could reach peak plastic production in 2027, risking billions of dollars for oil majors

Global oil majors are planning to invest $400bn in virgin plastic production within five years - but much of this investment is at risk as governments beef up plastics and climate targets, and as consumers continue to push for plastic-free products.

The emissions footprint of Unilever's laundry and cleaning products will be cut by 20% as a result of the changes.

Clean Future: Unilever to remove fossil-fuel-based carbon from cleaning products by 2030

Unilever has unveiled plans to replace 100% of the carbon derived from fossil fuels in its cleaning and laundry products with captured, natural and recycled carbon within a decade.


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