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Search Results for energy
Decarbonisation ‘Could Leave Fossil-Fuel Economies Stranded’
Global decarbonisation could turn fossil fuel-reliant economies into ‘stranded nations’ unable to unlock the value of carbon-based assets and infrastructure. These are the findings of a new World Economic Forum study, which shows the world’s sovereign wealth funds collectively own…
EU Gets Heavy-Duty on Emissions from Trucks
The European Union has agreed to reduce emissions from new trucks by 30% by 2030. The European Parliament and the Council, which represents the 28 member states, reached a provisional agreement which ensures between 2025 and 2029, new trucks will…
VW’s First EV ‘Will Be Carbon Neutral Throughout Entire Lifecycle’
Volkswagen says its new electric car will be carbon neutral through its entire lifecycle if recharged with renewable energy. The German car manufacturer says the ID.’s supply chain, manufacturing processes and charging infrastructure will all be sustainable – the energy…
IKEA Buys 25% Stake in German Offshore Wind Farm
Ingka Group, a company which owns most of the IKEA stores, has bought a 25% stake in an offshore wind farm in Germany. It has paid more than €200 million (£174m) for the stake in Veja Mate, which consist of…
Banning Single-Use Plastics ‘Could Lead to Higher Carbon Emissions’
Banning single-use plastics could lead to higher carbon emissions. That’s according to a new report published by BP, which says a worldwide ban on the use of plastics for packaging and other single-use purposes from 2040 onwards would lead to…
Reduced Deforestation in Indonesia Triggers Carbon Payment from Norway
Indonesia can now receive payments from Norway after the Southeast Asian country reduced emissions from deforestation. It will be the first payment for reducing around 4.8 million tons of carbon emissions under the Norwegian International Climate and Forest Initiative between…
Climate Strike: Schoolchildren Protest over Climate Change
Pupils from around the UK went “on strike” on Friday as part of a global campaign for action on climate change. Students around the country walked out of schools to call on the government to declare a climate emergency and…