Europe’s clean energy boom could be stifled by lagging grid upgrades -report
Europe’s clean energy boom risks being thwarted by lagging improvements of its electricity grid networks, unless policymakers and operators act quickly to unlock investments, according to analysis released on Wednesday.
Read MoreMethane emissions from fossil fuels keep rising, when they could quickly be stemmed -IEA
Global methane emissions reached a record high in 2023, when they need to fall by three-quarters within the decade in order to help limit the temperature rise to 1.5C, according to International Energy Agency (IEA) data published on Wednesday.
Read MoreUK’s CCUS ambitions would lock in higher costs and emissions -report
The UK government’s plan to build up carbon capture, usage, and storage is based on outdated and unrealistic assumptions and risks locking consumers into expensive and fossil fuel-based technologies when cleaner alternatives exist, according to analysis released on Wednesday.
Read MoreNorth Sea’s largest oil and gas countries failing to phase out production in line with 1.5C -report
The approval of oil and gas projects in the North Sea’s five-biggest producing countries — Norway, the UK, Denmark, the Netherlands, and Germany — could lead to billions of tonnes in new carbon emissions, according to NGO analysis published on Tuesday.
Read MoreUK govt buys land for new nuclear power projects
The UK’s state-owned nuclear energy and fuels company is buying land for future developments, as part of the government’s plans for a “revival” in the technology that includes developing a new large-scale reactor and mini plants.
Read MoreCBAM may lead to higher prices, emissions from UK power exports to EU -report
The EU’s Carbon Border Adjustment Mechanism (CBAM) could push up the cost of the bloc’s electricity imports from the UK, deterring the development of low-carbon projects and leading to higher carbon emissions on both sides, according to analysis released on Thursday.
Read MoreUnilever steps up absolute emissions targets across value chain by 2030
Unilever is stepping up efforts to reduce absolute emissions in the 2020s while still growing its business, in an effort to achieve an existing net zero goal across its value chain by 2039, the consumer goods giant announced on Wednesday.
Read MoreFEATURE: SBTi tackles existential question of how to decarbonise oil and gas
The Science Based Targets initiative is quietly pushing ahead with a long-running, contentious process of defining a credible, voluntary net zero pathway for an industry in which decarbonisation is a question of survival: oil and gas.
Read MoreEurope set to spend €84 bln on new gas import infrastructure, despite climate goals -report
A total of €84 billion is slated to be spent on new gas import infrastructure despite the EU’s climate targets, with projects in Germany, Italy, and Greece accounting for more than half of the expenditure, according to analysis by the Global Energy Monitor.
Read MoreGerman green hydrogen maker snags €500 mln for EU scale-up
A German renewable hydrogen maker has secured over €500 million to advance its green hydrogen development, from major backers including the European Investment Bank and Amazon Climate Pledge Fund, it announced on Tuesday.
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