The Low Carbon Economy – From Stick to Carrot
Britain is at risk of missing a huge opportunity. Policymakers must stop hitting firms with the big stick of ever-higher carbon taxes and levies, eroding their global competitiveness. Instead, they should be offering carrots, incentives to install energy saving equipment, invest in unexplored low-carbon technologies ahead of the curve, and become leaders in the low-carbon markets that must inevitably boom over the next couple of decades if governments around the world are to meet their climate change targets.
London ranked as global leader in green finance movement
London has been ranked as the best financial hub in the world for green financing offerings, with a new report predicting that the market for green offers will grow "substantially in size and quality".
Equinor: Statoil to change name in recognition of energy transition
Norwegian energy giant Statoil is proposing a name change to stakeholders, in recognition of the company's diverse energy strategy that aims to increase investments into renewables and new energy solutions.
Report: Political clarity key to unlocking 'enormous' UK green investment opportunities
The UK can "reap enormous opportunities" by strengthening private financial investment into green infrastructure and projects, with a new Aldersgate Group report noting the "urgent" need for political clarity to unlock more revenue streams.
False emissions ratings cost UK more than £2bn a year - report
False emissions ratings for cars based on lab tests have cost the UK more than £2bn a year in lost tax revenue, according to the Green party.
Energy resilience roundtable: Paving the path to a clean energy future
Energy management experts from some of the world's biggest manufacturers and retailers recently came together for an exclusive roundtable hosted by edie and Centrica Business Solutions to explore some of the biggest challenges and opportunities when it comes to building energy resilience.
Greater Manchester launches £15m infrastructure renewables fund
The Greater Manchester Combined Authority has created a new £15m loan fund for property developers and infrastructure providers to increase uptake of renewable energy use on development projects.
Mondi Group sets science-based targets through WWF's Climate Savers
Global packaging firm Mondi Group has set new science-based targets to reduce carbon emissions across the company's operations and indirect activities, after signing up to the WWF's Climate Savers initiative for low-carbon business aspirations.
In Practice: The UK's Northern hydrogen heating grid trial
In a UK first, a pioneering new green gas trial is being demonstrated at Keele University that aims to inject zero-carbon hydrogen into the natural gas network.
Apple moves towards greener supply chain with zero-waste and clean energy milestones
Apple has made progress in its ongoing effort towards a greener supply chain, with big achievements over the past year in key areas such as waste and low-carbon energy procurement.
Sir Richard Branson: Commercial low-carbon jet fuel 'within touching distance'
A decade on from Virgin Atlantic's first commercial flight using low-carbon fuel mix, the company's founder Sir Richard Branson believes that government incentives can help scale-up sustainable fuel use at a price on par with traditional aviation fuels.
EU-backed carbon capture utilisation plant opens in UK
The UK's first carbon capture demonstrator plant has opened today (1 March), providing a new treatment that can convert carbon dioxide into polyol compounds that can be used in various manufacturing processes.
Claire Perry: Clean growth objectives can only be delivered at local level
Climate Minister Claire Perry has said the public sector can be an "incredible agent for change" by leveraging local expertise to find the right solutions to drive the UK's low-carbon economy.
Public-sector sustainability: edie launches latest sector insight report
The key drivers, challenges and opportunities facing sustainable business in the UK public sector are revealed in edie's latest sector insight report, published today (28 February).
Top 10 sustainability stories of February 2018
It was a month of big plastic pledges, electric vehicle (EV) excitement and the launch of Mission Possible. Take a look back at February's biggest sustainability stories in this brand-new round-up.
NAO: Renewable Heat Incentive has not achieved value for money
The UK Government's Renewable Heat Incentive (RHI) scheme has "not achieved value for money", according to the National Audit Office (NAO).
In Practice: The UK's first Energiesprong homes
A pioneering new pilot project in Nottingham aims to make select households ultra-low carbon and fit for the future by renovating them using the 'Energiesprong' techniques used in the Netherlands.
edie Explains: ESOS Phase 2
This edie Explains guide, produced in association with Schneider Electric, will help organisations in their preparations to comply with the second phase of the UK Government's Energy Savings Opportunity Scheme (ESOS).
Business benefits of EU ETS reform clouded by Brexit uncertainty
EXCLUSIVE: Last week's vote in favour to reform the EU's carbon market is a "strong signal" that energy-intensive businesses should accelerate decarbonisation processes, although the European Parliament's rapporteur on the reform has warned that Brexit will act as high-profile distraction.
Drop the C: Heineken outlines science-based targets ambition
Brewer Heineken has today (12 February) unveiled a new sustainability strategy that commits to ramping up renewable energy production, piloting an internal carbon price and setting science-based targets across distribution, cooling and packaging.
Parliament rubber-stamps EU carbon market reform
European lawmakers voted in favour of a deal to reform the EU's carbon market after 2020 on Tuesday (6 February), as well as bolstering prices in the bloc's flagship tool for reducing greenhouse gas emissions.
Transport becomes nation's biggest polluter as UK emissions drop 5%
New figures have revealed that the UK's emissions fell by 5% in 2016, but campaigners have called for stronger action in the transport sector where emissions continued to steadily rise.
BP set to 'embrace low-carbon world' with $500m investment
BP has pledged to invest $500m into low-carbon solutions after posting a strong financial performance in 2017.
General Electric targets giant Midlands battery storage system
General Electric (GE) is targeting a portion of the UK's growing battery storage market, after partnering with London energy firm Arenko to create one of the UK's largest fully-integrate battery storage solutions.
Scottish SMEs offered 'cashback' loan for energy-efficiency projects
Small businesses in Scotland have been encouraged to take advantage of a new "cashback" scheme that could enable them to cut annual energy usage by a quarter and save up to £10,000 in the process.
Report: Britain ahead of EU pack in low-carbon transition
The UK's growth in renewable generation this decade has outstripped nearly all other European countries, according to new research.
London Mayor's £34m low-carbon programme targets energy-efficient workplaces
Sadiq Khan has pledged new funding for fuel-poor homes alongside a £10bn commercial boiler scrappage scheme in a suite of new measures aimed at delivering cleaner, affordable energy across the capital.
Nissan sheds light on 'world first' vehicle-to-grid project
Nissan has revealed that its vehicle-to-grid (V2G) demonstrator project will target 1000 installations over the next three years, as the car giant aims to help make the UK grid "more sustainable and more stable".
Heathrow launches Sustainable Innovation Prize to assist expansion aims
UK businesses have been urged to support Heathrow Airport's expansion efforts by applying for a Sustainable Innovation Prize that addresses certain environmental challenges and uses the airport as a "live laboratory".
Government could 'save NHS millions' through sustainability backing
The NHS could free up significant funds for front-line services if the Government lends its support to Trusts to develop low-carbon measures.
Mission Possible: 8 charts that show how business leaders are building a sustainable future
Hundreds of sustainability professionals gathered in London for edie's Sustainability Leaders Forum this week. Throughout the two-day event, delegates were asked to reflect on their thoughts on key drivers, and the results show that a sustainable future is possible.
From environmental expert to CEO: E.ON boss Michael Lewis reflects on his remarkable sustainability journey
EXCLUSIVE: Michael Lewis explains how his rise to the top at E.ON has intertwined with the company's transition from a fossil fuel-based power generator to a provider of sustainable energy solutions.
Northern smart grid project could deliver £500m energy savings
Northern Powergrid has launched an £83 million smart grid programme to future-proof its network in preparation for the rapid growth of low-carbon technologies.
Welsh coal mine set for geothermal transformation following £9.4m fund
A council in Wales has been awarded £6.5m in European Union (EU) funds to explore how water from an underground mine can be used as a geothermal energy source to heat nearby homes.
Scotland launches £60m business fund for low-carbon innovations
Businesses in Scotland can now access a £60m fund to scale projects that can help deliver the nation's low-carbon heat, energy and vehicle solutions.
Santander invests £28.5m in UK battery storage firm
Banking firm Santander has become one of the first senior debt lenders to provide financial support to the energy storage sector, after backing an independent UK battery developer with a £28.5m funding investment.
CDP: Global car industry must embrace low-carbon shift to ensure survival
Traditional carmakers will face multi-million-pound fines and a huge loss in market share to tech firms such as Uber and Google unless they embrace the low-carbon vehicle transition.
Swedish engine plant becomes Volvo's first 'climate-neutral' site
Car giant Volvo's engine factory in Sweden has become the firm's first "climate-neutral" manufacturing plant after switching to renewable heating.
Achieving Mission Possible: edie Live returns for 2018 with renewed purpose
edie Live 2018 returns to the NEC Birmingham on 22-23 May as a show with a difference. This year, the event will be tailor-made to help sustainability, energy and resource professionals achieve a sustainable future, today. This is Mission Possible.
Are we a step closer to achieving the 'green hydrogen economy'?
Paint and chemicals giant AkzoNobel has unveiled plans to build Europe's largest "green hydrogen" production plant, with the company's energy director telling edie of the technology's potential to enable the decarbonisation of the UK economy.
Clean Growth Strategy 'not enough' to meet UK's carbon targets, climate advisers warn
Urgent action is needed to flesh out current plans in the Clean Growth Strategy in order to meet the UK's fourth and fifth carbon budgets, the Government's climate change watchdog has cautioned.
Ford receives 'hypocrisy award' despite $11bn EV rollout
Ford has announced it is going "all in" on the electric vehicle (EV) market with an $11bn plan to rollout 40 new vehicles, but that hasn't stopped Greenpeace for delivering a "2018 Hypocrisy Award" to the carmaker for an alleged stance on fuel efficiency standards.
Keele University launches Europe's first at-scale smart energy living laboratory
Siemens has been appointed to transform a West Midlands University campus into the largest integrated, living laboratory for smart energy, gas and heating technologies.
Landmark sector deal to make UK 'world leader' in low-carbon mobility
A new automotive sector deal between the UK Government and industry players including Ford and Jaguar Land Rover (JLR) will see £52.8m invested in low-carbon vehicle projects.
London to gain additional 1,000 EV charge points
London's electric vehicle transition has moved a step closer with the news that the capital's leading charging network is ready to deploy an additional 1,000 charge points across the city.
Taking the lead on energy: Latest edie guide showcases 10 business examples of low-carbon innovation
Organisations looking to revamp their energy management approach in 2018 can take inspiration from edie's new best-practice report which rounds up 10 shining examples of businesses that are driving the energy transition.
Transparency, Trump and tipping points: The key trends that could define sustainability in 2018
EXCLUSIVE: The green economy in 2018 will likely be shaped by a corporate drive to increase financial disclosure, a "tipping point" for major clean technologies, and a pendulum swing in global sustainability leadership towards the developing world.
UK's largest battery storage portfolio unveiled
The UK's biggest portfolio of utility-scale enhanced frequency response battery storage sites has been completed.
Diesels suffer as UK low-carbon car sales soar in 2017
New figures show that a record number of electric and hybrid cars were registered in Britain last year, as sales for diesel cars continued to decline amid taxes and pollution fears.
Carbon footprint of Scottish homes slashed by 25%
Scottish households have reduced their emissions footprint by an average of 25% in eight years thanks to the growth of renewables and improved energy efficiency measures, new analysis has found.
edie Explains: Greening your fleet
What are the business benefits of transitioning to low-carbon vehicles? Which fuel types are the most efficient? And what role can technology play in changing driver behaviours? This free edie Explains guide provides everything you need to know when it comes to greening your fleet.
Make 2018 the year to green your fleet with edie's latest business guide
Organisations looking to reduce vehicle fuel use, emissions and costs now have access to a new edie Explains guide which breaks down everything you need to know when it comes to greening your fleet.
UK enjoys 'greenest year ever' in 2017
Britain achieved its 'greenest year ever' in 2017 thanks to 13 new records across the clean energy sector, according to analysis from WWF.
What can we learn from China's launch of the world's largest carbon market?
China has today (19 December) signalled its intent to address climate change with the launch of the world's largest carbon market.
Barclays updates green bonds to capture 'compelling' economic opportunity
Barclays has signified its shift towards a low-carbon economy, by announcing a set of green finance products that will help promote sustainability in the UK and across the globe.
Philippe Joubert: Policy frameworks will define climate action in 2018
The concept that markets can direct themselves without government guidance is a "fallacy" and policymakers must create the regulatory frameworks that enable businesses to thrive on a low-carbon pathway in 2018.
Global companies call on nations to push for 'well-below' 2C Paris target
More than 50 global companies including Unilever, M&S and Adidas have called on nations meeting in Paris to discuss climate progress, to phase-out fossil fuel subsidies by 2025 and create the framework to limit global warming increases to well below 2C.
Heathrow to install rapid charge points for electric black cabs
Heathrow Airport has revealed that it is actively collaborating with Transport for London to install seven rapid charging points for electric taxis by the end of this month, with the airport also announcing the delivery of its 50th electric vehicle (EV).
Citu aims to 'disrupt' construction industry with low-carbon housing scheme
Urban developer Citu has unveiled the first glimpses of a timber-framed housing system that is up to ten times more energy efficient than standard UK homes, with production practices also able to reduce the carbon footprint of construction by 24,000 tonnes annually.
Lendlease named UK's most sustainable housebuilder
International property group Lendlease has been ranked the most sustainable residential developer by the NextGeneration initiative.
UK banking performance at odds with Government's green finance leadership ambitions
The UK Government's ambition to promote the UK as a global leader of green finance post-Brexit is already at risk, with a new report finding that French banks have shown "marked leadership in green banking" because of innovative new legislation.
In practice: AccorHotels' new project targeting BREEAM excellent certification
Ahead of edie's flagship Sustainability Leaders Awards in January, edie is taking a closer look at some of the projects initiatives that have been deemed worthy of a finalist position by our expert judges. Up next: AccorHotels' new London hotel.
Waste and renewables sectors call on UK to realise integrated energy system opportunity
Fulfiling the "significant opportunity" offered by the integration of readily available low-carbon technologies across the UK's energy system will require greater collaboration between the public and private sector.
Building for 2050: Can the Government's low-carbon housing venture deliver homes fit for the future?
With the UK housebuilding sector under the spotlight at both at a national level and in the sustainability agenda, edie caught up with Aecom's regional director to discuss how the firm's latest research project aims to help developers deliver lost-cost, low-carbon housing across the country.
Power networks pledge to deliver £17bn of smart grid benefits
Electricity network operators will today (6 December) pledge to deliver £17 billion of energy system benefits by 2050 through the creation of a smarter, more flexible power grid.
UK construction industry aims to halve emissions in built environment by 2025
The Government has struck an agreement with the construction industry in a deal which aims to halve emissions in the built environment over the next eight years.
Coventry to host UK's first EV battery research centre
The Government has confirmed that Coventry will be the home of the UK's first battery development facility, set up to help make the UK a world-leader in EV technology and innovation.
UK firms urged to decarbonise to stay competitive
Key British business sectors will need to step up the pace of decarbonisation or risk losing their grip on the low-carbon market to foreign competition, a report has today (29 November) warned.
New waste-to-energy park could power 10% of London homes
A London-based waste firm has revealed plans to build a £500m low-carbon energy park which could help power up to 10% of London's households by converting residual waste into green electricity.
Industrial Strategy launched: Clean growth at core of UK's vision for economic prosperity
Business Secretary Greg Clark has today (27 November) launched the UK's much-anticipated Industrial Strategy, which sets out a vision for clean technology and innovation to play a key role in boosting the UK's long-term economic prospects.
MPs to scrutinise Government's green finance strategy
MPs have launched a wide-ranging investigation looking at how the UK Government aims to fulfil its pledge to become a "world leader" in green finance.
Industrial Strategy: Green business reaction
The green business community has broadly praised the UK's newly-launched Industrial Strategy for recognising clean energy as a top priority for British industry.
Carlsberg unveils first carbon-neutral brewery
Beverage giant Carlsberg has launched its first brewery with zero-carbon emissions, as part of the Danish firm's overarching pledge to achieve carbon-neutral status by 2030.
Budget 2017: Chancellor takes action on air quality, electric vehicles and plastic waste
Chancellor Philip Hammond has today pledged to build an economy "fit for the future" by announcing new air quality funding, tax incentives for electric cars, and measures to combat plastic waste in his 2017 Autumn Budget.
Autumn Budget preview: Five green policy hopes ahead of Philip Hammond's statement
A new levy on plastic packaging? Higher taxes for diesel vehicles? Multi-million-pound spending on EV charging infrastructure? edie previews the green-related announcements likely to be included in the Autumn Budget on Wednesday (22 November).
What went on in Bonn: COP23 week two round-up
The second week of climate talks in Bonn came to a conclusion today (17 November), following a raft of new global alliances and climate pledges building momentum for the transition to a low-carbon future.
UK surges into top 10 low-carbon electricity rankings
Britain has for the first time entered the top 10 rankings of a league table which compares large and industrialised countries on the carbon content of power supplies.
World Energy Outlook: Seven key trends shaping the low-carbon economy
A rising electrification of energy, rapid deployment of renewable energy sources, and a steady decline of the coal industry are all predicted as major shifts in the global energy scene over the next 25 years in the International Energy Association's (IEA) annual flagship publication.
Balancing act: Storage and flexible energy vital to UK’s renewables tipping point
The cost of generating energy from wind and solar in the UK is expected to halve by 2040, but the expected future power system volatility will lead to more economic opportunities for flexible energy sources and storage capacity.
Will post-Brexit Britain choose political sovereignty over close EU climate and energy ties?
The UK will need to sacrifice some of its political sovereignty if it wants to maintain a close post-Brexit relationship with the EU over climate and energy-related affairs, according to a top former EU Commission figure.
UK Government provides £62m to combat deforestation in Latin America
The UK Government has announced two new projects worth £62m will help tackle deforestation across Latin America by promoting sustainable new business models and sourcing practices.
New investor partnership scores corporates on physical climate risk exposure
Deutsche Asset Management (DAM) has formed a new partnership with a US-based advisory to develop a first-of-its-kind climate risk service that calculates the physical climate risks of investor portfolios.
UK Government backs 'virtual power plant' platform and robotics research
Battery developers Moixa has secured government funding to expand its flexible energy platform that transforms third-party batteries and electric vehicles (EVs) into "virtual power plants", while the UK Government has also unveiled an £84m fund for robotics and energy innovation.
Reports: Chancellor to raise diesel taxes in Autumn Budget
Chancellor Philip Hammond will raise taxes for diesel vehicles in the upcoming Autumn Budget in an attempt to boost the uptake of low-carbon alternatives, according to media reports.
Carbon price among policy wishlist issued by businesses at COP23
Members of the World Business Council for Sustainable Development (WBCSD), including the chief executives of more than 200 international businesses, have called for governments to collaborate with the private sector to set meaningful carbon prices and improve climate resilience.
HSBC pledges $100bn to sustainable finance
As Bloomberg New Energy Finance (BNEF) releases findings showing that energy investment in emerging markets suffered its largest year-on-year decline, HSBC has pledged to provide $100bn in sustainable financing by 2025 - as part of a new batch of climate-related commitments.
COP23: What does the Bonn climate summit mean for sustainability professionals?
As delegates from almost every nation arrive in Bonn to discuss the ways to prevent rising global temperatures from reaching catastrophic levels, edie takes a closer look at how developments at the UN climate summit could affect sustainability teams and their efforts to accelerate the shift towards low-carbon, resource-efficient business models.
London ULEZ to start in April 2019, Mayor confirms
The world's first Ultra-Low Emission Zone (ULEZ) will be introduced across central London in April 2019, Sadiq Khan confirmed today (3 November).
Oil refining capacity set to shrink by a quarter during low-carbon transition
A quarter of global refining capacity will leave the market or be forced to close by 2035, sparking calls for investors to be aware of the risk of "wasting capital" on new investments into the oil sector.
Put 'cows alongside cars' at COP23, investors urge
With COP23 set to start in Bonn next week, an investor network is calling on developed countries to prioritise the "elephant in the room" at the UN talks, by tackling livestock sector emissions.
Lord Stern: Flexible policy approach will catalyse low-carbon transition
Lord Nicholas Stern has called on governments across the world to implement "predictably flexible" policy frameworks that enable businesses to map investment opportunities during the transition to a low-carbon economy.
G20 falls behind on national decarbonisation pledges
The UK is "strongly outperforming" the rest of G20 in decoupling emissions from economic growth, but businesses and governments have been warned that the goals of the Paris Agreement won't be achieved with current decarbonisation ambitions.
Five-year triumph: Ultra-low emission vehicle sales in UK surge by 1,800%
Propped up by new government policies and a wider range of models, the sales and registrations of Ultra-Low Emission Vehicles (ULEVs) in the UK have grown by more than 1,800% since 2011.
Sky hits key sustainability goals three years early
Reductions in water, emissions and food waste are notable achievements in Sky's latest CSR report, which reveals that the TV broadcaster has hit half of its environmental targets three years early.
Diesel tax loophole 'thwarting' Government's clean air strategy
Government efforts to improve air quality and phase-out the use of diesel vehicles are being undermined by a tax loophole that allows refrigerated lorries to use "red diesel" and pollute the highways.
In practice: Landsec's BREEAM Outstanding headquarters designed to WELL standards
As more companies look to create the right work environments for staff wellbeing, Landsec created the UK's largest fully WELL Certified space for staff health, which also achieved a BREEAM Outstanding rating.
Severn Trent looks towards smart energy future with demand response service
Water firm Severn Trent and clean tech company Open Energi have teamed up to deliver a demand response service which could provide the grid with more than 20MW of flexible capacity by 2020.
Energy cost review: Dieter Helm's study calls for radical changes to Britain's energy policy
The costs of energy for UK businesses are higher than necessary and policymakers must streamline clean energy regulations in order to deliver cheaper, decarbonised power, a major Government-backed study has concluded.
CDP: Science-based targets needed to 'pick up the pace' on corporate action
Emissions targets from large corporates are around one-third of the way to bringing the private sector on a trajectory to keep global warming below 2C, highlighting the need for more science-based targets, new analysis from CDP has found.
UK energy firms call on chancellor to boost carbon tax
Two of Britain's biggest energy companies have called on Philip Hammond to strengthen a carbon tax that has driven a dramatic collapse in coal power generation, arguing it is essential for the shift to cleaner energy.