Net zero targets held back by supply chain and financing challenges
Supply chain challenges and a lack of financing are eroding the energy industry’s confidence in reaching global net zero targets.
net zero
Scotland will bear brunt of UK climate change costs – watchdog
Scotland will be disproportionately hit by the financial burden of tackling climate change, a watchdog has warned.
Shell considers slowing the pace of its carbon emissions cuts in strategy update
Shell (LON: SHEL) has been considering slowing the pace of its carbon emissions cuts as it updates its energy-transition strategy, according to people familiar with the matter.
Why politicians are stoking a climate backlash that threatens green goals
Politicians are vowing to roll back green policies and downplaying climate change ahead of key elections on both sides of the Atlantic, casting doubt on whether countries can maintain momentum in the transition away from fossil fuels.
Climate measures risk sparking social unrest, German agency warns
The European Union is at risk of widespread backlash against its climate agenda unless politicians do more to blunt the effects of rising carbon prices on low-income households, according to the head of Germany’s Environment Agency.
Net Zero economy grew 9% in 2023 to be worth £74bn, report says
The “net zero economy” - from renewables and electric cars to green finance - grew 9% in 2023 to contribute £74 billion to the UK, a report has shown.
Government must take the people with them to achieve Net Zero
If those countries which have declared the aim of achieving “Net Zero” are to ever actually achieve it then I have news for them: they won’t do it by diktat, threats or bullying.
Germany paves way for major expansion of gas power plants
The plan requires developers to upgrade stations to burn hydrogen sometime between 2035 and 2040
Global clean energy spending surges to $1.8 trillion. It’s not enough
Global spending on the clean energy transition hit record highs as the world moves to rein in climate change, but it’s still not enough to get on track to net-zero emissions.
EU set to seek ambitious goal of 90% emissions cut by 2040
The European Union’s executive arm is set to recommend a 90% net reduction of greenhouse gases by 2040, a target backed by climate scientists and criticized by the industry in the face of high energy prices and growing international rivalry in clean technologies.
Opinion: Offshore sector must be at the heart of securing UK’s energy future in 2024
When GMB said the UK needs “plans not bans” for the future our energy sector we meant it, and our offshore sector must be front and centre.
Scotland is not on track to deliver Just Transition, Commission says
The Just Transition Commission claims that Scotland is not on track to deliver, and that “significant” further action is needed to support the workforce.
ClientEarth lawsuit against Shell’s board of directors over net zero strategy dismissed
UK Court of Appeal refuses to hear appeal from ClientEarth after its lawsuit against Shell's board of directors was dismissed in July
Government’s lack of long-term planning risks net zero jobs, MPs warn
A lack of long-term planning from the Government risks jeopardising the UK's legally mandated 2050 net zero target, MPs have warned.
World’s top renewable firms reel even as installations surge
The biggest manufacturers of wind turbines and solar panels are facing their most serious financial challenges in years even as deployments of clean energy head for an annual record.
COP28 president says world must unite on climate action and deliver in Dubai
COP28 President Dr. Sultan Al Jaber addressed a record number of ministers and delegations from around the world at the opening session of Pre-COP, declaring that the international community needs to unite on climate action and that, “We have to come through. We must unite. We must act. And we must deliver in Dubai.”
Centrica chief trying to get the UK to speed up carbon capture
Centrica Plc boss Chris O’Shea is on a mission to show the UK government that it needs to rapidly speed up carbon capture projects, which could become crucial if the country is to reach its net zero ambitions.
‘Not appropriate’ to show effect of policy changes on emissions, says minister
Setting out how the Prime Minister's recent net-zero policy delays would affect future emissions is "not appropriate", Claire Coutinho has said.
Scottish Renewables says action needed to maintain UK position as ‘world leader’
Scottish Renewables is calling on the UK government to take urgent action to maintain the country's position as a 'world leader' in renewables.
Biden’s 2030 wind goal looks like it simply won’t happen
(Bloomberg) --When President Joe Biden in 2021 laid out a target of deploying 30 gigawatts of offshore wind capacity during the next nine years, the plan was deemed bold and ambitious.
Shell CEO reassures staff he believes in climate action
Shell Plc (LON: SHEL) chief executive officer Wael Sawan told the company’s staff that he “believes in urgent climate action,” despite shifting focus toward its core oil and gas businesses.
Net Zero Success Hangs on Rapid Power Grid Build-Out, IEA Says
Investment in the world’s electricity grids must double to more than $600 billion a year if nations are going to meet their climate targets and maintain energy security.
New HyNet partnership aiming to tackle green skills gap
Industrial decarbonisation project HyNet has partnered with a local talent development initiative to address the region’s green skills gap.
Forth Ports targets net zero through Fife floating offshore wind hub
Forth Ports Group has outlined plans for an integrated floating offshore wind facility (FLOW) at the Port of Burntisland in Fife.
Peel Ports reduces operational emissions by one third in three years
Peel Ports Group has announced a one third reduction in operational greenhouse gas emissions in the last three years.