Search Results for "fuel cell"
EU warned over green finance taxonomy ‘loopholes’ on transport and plastics
…sustainable fuels being awarded a ‘green’ investment label. “Given the long lifespan of aircrafts, the current draft criteria would allow aircrafts to operate with fossil fuels for decades to come,…
UK hits trillion-kWh renewable electricity milestone
…likely to fail to end unabated fossil fuel electricity generation by 2035 without urgent intervention. Committee members heard evidence of investors being deterred by long waits for grid connections and…
The UK should lead the G7 in the push for wind
…decade, alongside improved targets on solar power and commitments to speed up the phase out of fossil fuels. But the world’s most developed economies must be more ambitious on offshore…
In numbers: Inside the booming global green hydrogen market
…for fossil fuels in hard-to-abate applications like industrial heating, aviation and shipping. But not all hydrogen is created equally in terms of its lifecycle emissions footprint. More than 95% of…
Pension reforms to unlock £50bn for businesses, but lack green focus
…core.” An analysis by Make My Money revealed that UK-based pension schemes hold more than £88bn in investments in fossil fuel companies, equivalent to approximately £3,000 per pension policyholder. More…
Aerospace, aviation and automation: South Yorkshire chosen as UK’s first Investment Zone
…transition to net-zero by 2050. A recent intervention was the launch of a new digital tool assessing options for reducing emissions from aircraft fuel, such as efficiency improvements and alternative…
CBI to Government: Fast-track green industrial strategy or squander £57bn
…far more clarity on the future of carbon taxation. The CBI report stated: “Carbon taxes – like fuel duty, VAT on fuel and corporation taxes from the ring-fenced oil and…
British public willing to switch banks over poor environmental and social investments
…reveals that 38% of British adults would likely change banks if their bank invested in fossil fuel-intensive companies, while 32% would be less inclined to switch if their bank invested…
Global green bond issuance reaches record levels
…tried to argue that fossil fuel producers could use carbon capture in lieu of cleaner energy, phasing down emissions but not fossil fuel use. The UN slammed this as unscientific….
‘Flawed’ climate analysis driving investment decisions of banks and pension funds
…climate change will have to asset values.” Pension pressure points Currently, UK-based pension schemes have more than £88bn invested in fossil fuel firms, the equivalent of £3,000 per pension policyholder….
Pension funds ‘dramatically underestimating’ climate risks, researchers warn
…fossil fuel firms, the equivalent of £3,000 per pension policyholder. That is according to Make My Money Matter, which analysed the fossil fuel investments of more than 50 of the…
Records broken for UK’s energy flexibility markets
…12 months has been 29.4GW. Of the flexibility capacity contracted during the year, just 19% was accounted for by fossil fuels – mainly gas peaker plant capacity. One-third was attributable…
India defines ‘green hydrogen’ and ringfences $7bn for electric buses
…tonnes of green hydrogen per annum by 2030, with an aim to reduce 50 million metric tons of carbon emissions and save more than $12bn on fossil fuel imports. In…
From World Water Week to Spain’s coal power phase-out: The sustainability success stories of the week
…this week. ENERGY: Spain to close its largest coal power station Image: Endesa Coal is the dirtiest fossil fuel and, while consumption remains high in Asia, it is in irreversible…
Aviation industry leaders join forces to drive low-carbon innovation
…to contribute inventive solutions such as sustainable aviation fuel (SAF) or battery-powered flight to support the decarbonisation of the sector. This endeavour is a partnership between the First Movers Coalition…
Businesses encouraged to tackle ‘hidden’ emissions from banking
…This summer, those working in the UK’s sustainability space will doubtless have seen a high-profile campaign urging businesses to stop banking with Barclays, due to its investment in fossil fuels….
Indian business giants urge G20 to reach ambitious agreement on climate
…to drive a change aligned with the Paris Agreement and responsive to the Global South’s requirements. The letter proposes several government recommendations, including phasing out unfettered fossil fuels aligned with…
Report warns of $18trn investment gap to deliver net-zero energy transition
…needs to “massively accelerate” the phase-out of fossil fuels. It notes five technology leavers that can help deliver the transition: increasing energy efficiency; electrifying end uses, via, for example, electric…
Coca-Cola bottler eyes plastic packaging made using captured carbon
…research will initially focus on developing an efficient CO2-to-ethylene conversion process. Then, attention will be turned to how best to scale this process. The process will use no fossil fuels,…
Rishi Sunak’s reported plans to weaken climate policies spells damage for the economy and businesses
…would be bad for consumers who will benefit from a faster transition to net zero – these proposals will make us all more reliant on volatile, expensive, imported fossil fuels….
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