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COP28: Less than 10% of businesses at climate summit lobbying for stronger green policies

…which are misaligned with this pathway to the greatest extent have chosen to send large delegations to Dubai. Russian oil and gas major Gazprom, plus US-headquartered fossil fuel majors ExxonMobil…

DHL and Formula 1 extend partnership to decarbonise championship transport

During the European leg of the Formula 1 season last year, biofuel-powered trucks were introduced, with DHL and Formula 1 opting for hydrotreated vegetable oil (HVO) as the fuel of…

Energy Minister hints that Britain could back COP28 agreement hinging on carbon capture

…kind of rhetoric at COP27. They pushed for a text mentioning a ‘phase down of fossil fuel emissions’ rather than a phase out of the fuels themselves, paving the way…

Report: Oil and gas exporters failing to prepare for huge revenue drop amid low-carbon transition

That is according to a new report from think tank Carbon Tracker today, assessing the likely financial transition risks to 40 fossil fuel exporters in a 1.8C-aligned global energy transition….

Youth Climate Stocktakes and energy majors’ joint renewables plan: The six biggest stories from 8 December at COP28

…by staging several protests focused on adaptation finance and a fossil fuel phase-out. Meanwhile, UN bodies published major recommendations on food systems ahead of the agriculture-themed day on Sunday (10…

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

…with a mandate requiring 10% of fuel supply to be SAF by 2030, increasing in increments through to 75% in 2050. The UK defines SAF as any fuel with a…

‘Outrageous’: UK Minister Graham Stuart slammed for taking a break from COP28 at crucial moment

At the UN’s climate summit negotiations have spanned nearly two weeks, and the latest draft text has raised last-minute concerns about a diluted stance on crucial aspects like fossil fuels,…

IMF: Fossil fuel subsidies reached record high of $7trn in 2022

…education. Many nations dramatically increased subsidies intended to shield energy consumers from rising costs of fuel during the price crisis. The IMF recorded a year-on-year doubling of these so-called ‘explicit’…

Heathrow extends incentive scheme for alternative fuels with lower carbon footprint

It hopes that the incentive, which involves the airport paying for half of the price difference between traditional kerosene fuels and SAFs, will result in 2.5% of the fuel being…

Emirates Declaration: Landmark new sustainable food systems pledge backed by 130+ governments

fuels outright. Agriculture is estimated to account for around 15% of global annual fossil fuel use. Fossil fuels are used to power equipment on farms an in supply chains, and…

COP28 President outlines vision for climate conference, including ‘inevitable’ reduction in fossil fuels

…they attempt to develop rapidly using fossil fuels. Dr Al-Jaber has called the need for a reduction in fossil fuel production and combustion “inevitable” and also “essential” to deliver the…

COP28 Action Tracker: CEOs press for end to fossil fuels as King Charles gets go-ahead to attend climate summit

…Greta Thunberg charged with Public Order Offence after anti-fossil fuel protest in London UK updates Since edie published its first COP28 Action Tracker, Claire Coutinho presented her first keynote speech…

Climate communications: Why Olivia Colman’s Make My Money Matter campaign went viral

…how £88bn of UK pensions are invested in fossil fuel companies. The campaign, starring Olivia Colman as latex-clad oil and gas executive ‘Oblivia Colemine’, proved to be Make My Money…

Global solar investments outpace oil and gas for first time

…clear in the investment trends, where clean technologies are pulling away from fossil fuels,” IEA’s executive Fatih Birol said. “For every dollar invested in fossil fuels, about 1.7 dollars are…

Government shirks request to disclose carbon impact of net-zero policy rollbacks

…diesel cars; compelling landlords to improve building energy efficiency and mandating a shift from fossil fuel boilers to heat pumps in homes. The Committee requested “clarity on how the Government…

UK’s oil and gas sector risks missing 2030 climate targets, regulator warns

…note. The NSTA is consulting on measures to reduce the sector’s operational emissions across four pillars – energy and material efficiency; switching fuel sources to electric or other low-carbon alternatives;…

Tracking the biggest hurdles to the private sector’s renewable energy transition

…to agree to a “fossil fuel phase-out” in the final text. Instead, the agreement “calls on parties, in a nationally determined manner” to transition away from fossil fuels in energy…

UK Government backs green hydrogen refuelling hub and upskilling drive for North East England

…day. It is hoped that it will enable large multinationals and local businesses alike to make the switch from diesel HGVs to hydrogen fuel cell alternatives, which produce no tailpipe…

‘Another barren Budget for net-zero’: Green economy leaders react to Jeremy Hunt’s announcements

…and boards.” The Energy and Climate Intelligence Unit’s transport analyst Colin Walker: “Electric motoring is cheaper motoring and the fuel duty freeze hasn’t changed that. More households are getting access…

Thames Water turns to ‘poo power plants’ to provide electricity for homes

…air In related news, European airline Wizz Air has announced the next phase in its plan to invest £5m to source biofuel for sustainable aviation fuel (SAFs) from Firefly. The…