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.
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.
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.
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.
The Just Transition Commission claims that Scotland is not on track to deliver, and that “significant” further action is needed to support the workforce.
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 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 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.
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.
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.
Tory voters in the UK still favor the nation’s net zero climate target and want the government to help them go green, according to research by Onward, a conservative think tank.