Rishi Sunak confirmed he will push back a ban on the sale of new diesel and petrol vehicles to 2035, as well as net zero regulations that would phase out the use of gas and oil boilers in homes.
UK Prime Minister Rishi Sunak said he would roll back some green energy policies while sustaining the country’s long-term carbon emission reduction target, a move that sparked a backlash among Tory MPs and created uncertainty for industry.
Rishi Sunak confirmed he will push back a ban on the sale of new diesel and petrol vehicles to 2035, as well as net zero regulations that would phase out the use of gas and oil boilers in homes.
UK Prime Minister Rishi Sunak said he would roll back some green energy policies while sustaining the country’s long-term carbon emission reduction target, a move that sparked a backlash among Tory MPs and created uncertainty for industry.
Wood Mackenzie has said "no major country is on track to meet their 2030 emissions reduction goals" following a recent report.
German insurer Allianz set intermediate targets months after leaving the embattled Net-Zero Insurance Alliance (NZIA), but campaigners say it needs to step up efforts to phase out fossil fuels.
A new report by Aldersgate Group highlights that UK manufacturing is moving to net zero due to deindustrialisation rather than decarbonisation, and neglecting low-carbon opportunities in the industrial sector could cost £224 billion by 2050.
From Colombia's strong signal to the oil and gas industry to M&S's legal challenge over a Government decision, in this weekly round-up we explore the latest developments regarding corporate initiatives, sustainability reports and key industry updates.
A group of investors convened by the UK Sustainable Investment and Finance (UKSIF) association has sent a letter to the UK Government, highlighting concerns about the lack of long term planning in government policy.
Ceibo has raised over $30 million to accelerate the scale-up of its proprietary technology, drive on-site trials and prove the technology at scale.
Alberta’s United Conservative government is moving against renewable energy, building up tension with the federal government.
Jeff Waller, senior director, head of sustainable finance, ENGIE Impact argues that companies must identify how to best finance their ambitious net zero targets into action – but the traditional models might not be enough to get there.
