Carbon Price Floor
$10.6trn investor coalition calls for G7 leaders to ‘radically redesign’ carbon pricing system
Ahead of the G7 Summit in Berlin later this month, a coalition of institutional investors with $10.6trn in assets under management are calling for an agreement on changes to international carbon pricing policy, lest the aims of the Paris Agreement on climate fall out of reach.
Budget 2017: Chancellor confirms electric vehicle funding, announces new recycling targets
BREAKING: Key proposals on the future of carbon pricing, renewable energy subsidies and air quality remain on the UK Government's 'to-do' list as Chancellor Philip Hammond offered relatively little for the green economy to get excited about in his 2017 Budget this afternoon.
Does Brexit offer a ‘golden opportunity’ to pursue EU ETS alternatives?
With MPs set to vote on the final amendments of the bill to withdraw the country from the European Union (EU), the debate surrounding the UK's future involvement in the EU Emissions Trading System (ETS) has intensified this week with a lively debate in Parliament.
Autumn Statement 2016: Chancellor confirms carbon price floor freeze and low-carbon transport funding
Philip Hammond has confirmed that the UK's carbon price floor will be capped through to 2020, and announced £390m of new funding for low-carbon transport, as the Chancellor delivered his first - and last - Autumn Statement on behalf of the UK Government.
Scotland turns to carbon capture to alleviate industrial pressure
Researchers from Scotland have been awarded £2.8m to investigate how Carbon Capture and Storage (CCS) can support the UK's efforts to reduce emissions in the manufacturing sector, after scientists claimed that a massive CCS drive will be necessary to combat climate change.
Tata Steel crisis: Four green solutions for the struggling steel industry
As the Tata Steel crisis rumbles on, commentators are pointing fingers at energy prices and green policies as key reasons behind Tata's decision to exit the UK. Are they right, or could a reformed green policy landscape and enhanced focus on sustainability actually end up convincing energy-intensive manufacturers to stay put?
Manufacturers seek security as Government launches consultation on energy cost relief
Manufacturers have warned that permanent exemption from energy policy costs is the 'only long-term solution' that can secure the future of energy intensive sectors such as the steel industry, after the Government opened a consultation which could save these industries £390m a year.
Scrapping carbon price floor would ‘level the playing field’, manufacturers claim
EXCLUSIVE: Clearer policy amendments, including the scrapping of the carbon price floor, would prove instrumental in securing the long-term stability of Britain's energy-intensive companies, the manufacturer's organisation EEF has claimed.
Budget 2014: Energy investment must prevail
In the upcoming Budget, the Chancellor must place investment in energy at the centre of his priorities if the UK's economic growth is to continue. Mark Stewart outlines the measures required to create confidence amongst investors and the areas where clarity is needed.
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