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Which green policies could Rishi Sunak axe or delay?

…we look at which policies the Prime Minister is reportedly wavering on – and how likely it is that they will be changed. Nationwide net-zero target and carbon budgets The…

UK ETS value slumps amid concerns over Sunak’s green policy rollbacks

This is according to the ‘Carbon Market Year in Review 2023’ briefing published by the London Stock Exchange Group (LSEG). In 2023, global carbon markets experienced fluctuations characterised by declining…

Stop approving carbon budgets without credible delivery plans, MPs urge UK Government

The cross-party Environmental Audit Committee (EAC) of MPs has written to Energy Security and Net-Zero Secretary Claire Coutinho suggesting a string of changes to the carbon budget implementation programme. This…

Building industry unites to drive digital revolution in performance optimisation

…100% of new buildings must be net-zero carbon in operation, embodied carbon must be reduced by at least 40%, and by 2050, all new and existing assets must be net-zero

The first week of COP28: The nine biggest talking points

…Solutions Michael R. Bloomberg unveiled a new concept for a global database for corporate net-zero targets. The proof of concept for the Net-Zero Data Public Utility (NZDPU) will act as…

How can you tell whether a business is truly leading on net-zero in 2024?

…(CISL). Proper planning ENGIE Impact’s 2024 Net-Zero Report reveals that two-thirds (66%) of organisations say they have some form of public carbon reduction commitment today, but only one-fifth (20%) say…

From nuclear to heat pumps: What’s included in the UK’s new Energy Act?

…for Ofgem Chris Skidmore MP’s Net-Zero Review, published in January, recommended that regulator Ofgem should be given a net-zero remit. Energy Efficiency Minister Lord Callanan initially argued that this would…

COP28 Action Tracker: Last-minute climate talks in Abu Dhabi as UK offers new fossil fuel licences

…also gives energy regulator Ofgem an official net-zero remit. On the same day as the Act was ratified, Energy and Net-Zero Secretary Claire Coutinho oversaw the publication of two important…

Private sector launches nationwide research programme to drive UK’s net-zero agenda

…the partners include CBI, Make UK, British Chambers of Commerce, Barclays, IEMA, HSBC, Lloyds Bank, BSI, NatWest, Innovation Zero, Ad Net Zero, BT Group and Octopus Energy. Planet Mark’s director…

LEGO Group signs long-term deal for Climeworks’ direct air capture carbon removal technology

…a whole realise the net-zero future that is needed to protect our planet for generations to come”. Last year, LEGO Group committed to achieving net-zero greenhouse gas emissions (GHG) by…

edie launches new guide to heat decarbonisation

…Why is net-zero carbon heating important? What are the different forms of net-zero carbon heating? What are the business benefits of net-zero carbon heating? edie has partnered with Centrica Business…

Mind the credibility gap: Why corporate net-zero plans are still riddled with loopholes

…stopped investing in unabated high-carbon assets or outlined clear plans for a future ban on this kind of investment. The majority of the firms still risk locking in high-carbon assets…

Corporate carbon market growing exponentially despite credibility concerns

…there are already 1,500 new carbon credit projects in development and likely to be registered in the near-term. Continued controversy The figures suggest that corporate backing for carbon credit projects…

Decarbonising aviation: MPs warn of pitfalls in UK Government’s ‘Jet-Zero’ plans

…net-zero target. Their findings pick holes in current approaches to carbon accounting and alternative fuels. Ministers have set the industry a 2040 target for domestic flights and airport operations, plus…

What would the UK’s net-zero transition look like under Labour?

…It is also developing the UK’s first green finance taxonomy and mandate for net-zero transition plans. Nonetheless, the consensus is that more is needed to create a genuinely world-leading net-zero

Net-zero commitments ignoring calls to phase-out fossil fuels

New research from the Net-Zero Tracker published today (4 December) has warned that of the 88% of global emissions covered by intended net-zero targets, only 7% have commitments in place…

O2 Arena turns to carbon removals to address carbon footprint of concerts

…the O2 will calculate the extent to which it needs to invest in carbon removals through CUR8. CUR8 has a global portfolio of carbon removal projects. It backs man-made solutions…

Navigating net-zero: Businesses to focus on smart tech and fleets to decarbonise in 2024

…progress made towards net zero goals and set new resolutions to accelerate their achievement. “From the use of technology in carbon reporting to an increased focus on biodiversity, the predictions…

OBR: UK’s current gas reliance likely to be as costly as net-zero transition

…In contrast, the OBR’s 2021 scenario estimates the net effect on public finances that the net-zero transition would have. It found that taking early action to reach net-zero would reduce…

UK to launch carbon border tax regime in 2027

…chair Philip Dunne MP said: “Applying an appropriate carbon price at the border will go a long way towards closing carbon loopholes. “It is very welcome that the Government has…