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European Commission Approves Drax Biomass Subsidy

The share price of Britain’s biggest power station operator has jumped to a five-month high after the European commission approved subsidies for its conversion to burn wood pellets instead of coal. Drax was awarded a renewable energy subsidy contract by…

Shell to Link Executive Bonuses to Greenhouse Gas Emissions

Shell, Europe’s largest oil company, has unveiled plans to link a slice of executive bonuses to its performance in curbing greenhouse gas emissions in response to shareholder pressure for it to better prepare for the low-carbon transition. Shell’s chief executive…

Carbon Trust Launches Zero Waste to Landfill Certification

The Carbon Trust has launched a new Zero Waste to Landfill standard to recognise companies working to reduce their environmental impact by diverting waste streams away from landfill. The certification, which the Carbon Trust said provides a “robust framework for…

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