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Energy UK Calls on Government to Deliver ‘Low Carbon Future’
The energy industry has today stepped up calls for a major overhaul of the UK’s energy policy regime in order to ensure carbon targets are met “at least cost to consumers”. Trade body Energy UK has published a major new…
European Coal Emissions Slump 11 Per Cent
The pressure on the European coal power sector was again underlined this week, with the release of new data showing emissions from coal power plants covered by the EU’s emissions trading scheme (ETS) fell 11 per cent last year. An…
Tesla, Nissan, and Siemens Sound Alarm Over Europe’s EV Infrastructure
A partnership of electric vehicle (EV) manufacturers, NGOs, and energy trade bodies have called on EU member states to rapidly accelerate the roll out of electric car and rail infrastructure in order to better support Europe’s low emission transport sectors.…
SSE and Statoil Buy Out Statkraft’s Stake in Dogger Bank Offshore Wind Pojects
Statkraft has sold its entire stake in four planned offshore wind projects in the Dogger Bank zone off the North East coast of England, with SSE and Statoil snapping up the 25 per cent share held by the Norwegian energy…
Jaguar Land Rover Revs Up 100 Per Cent Renewables Deal with EDF
Jaguar Land Rover (JLR) has become the latest high profile firm to confirm it will source all its power from renewable sources, having last week inked a major long term purchase agreement with EDF Energy. The auto giant announced the…
The Cost of Climate INaction in the Agricultural Sector
This week key policymakers of the European Parliament discuss the EU’s largest climate instrument. Ahead of the debate, five organizations expose how a loophole in the law could significantly increase the costs of post-2030 climate efforts by delaying the required…
Financial Institutions Worth $6.6 Trillion Set Standards for Financing Sustainable Development
Nearly 20 leading global banks and investors, totaling $6.6 trillion in assets, launched two weeks ago the Principles for Positive Impact Finance – a first of its kind set of criteria for investments to be considered sustainable. “The Principles are…