Climate

British power giant Drax has secured a groundbreaking agreement to supply over one million tonnes of woody biomass annually to Pathway Energy, marking its strategic entry into the sustainable aviation fuel (SAF) sector in the United States.…

Denmark's renewable energy giant Ørsted has witnessed a dramatic fall from grace, with its market value plummeting roughly 70% since 2021. The company, once heralded as a pioneer in the transition from fossil fuels to green energy, now…

Dramatic findings from a recent international study suggest the Arctic Ocean may experience its first ice-free day before 2030, significantly earlier than previous forecasts indicated. This revelation comes amidst observations showing the…

In a groundbreaking development, Google DeepMind has revealed its latest artificial intelligence weather prediction model, GenCast, which has demonstrated superior performance over traditional forecasting methods for predictions extending…

Insurance losses from natural catastrophes are projected to exceed £135 billion in 2024, marking the fifth consecutive year losses have surpassed the £100 billion threshold. The staggering figures have prompted urgent calls from leading…

The historic market town of Tenbury Wells in Worcestershire faces an existential threat as recurring floods devastate local businesses, potentially marking it as the first UK town centre to be abandoned due to climate change-induced…

Uganda's contentious £4 billion heated oil pipeline project remains on track for a 2027 operational launch, despite facing significant delays attributed to environmental activism and financing challenges, according to the country's energy…

German power giant RWE has announced a significant scaling back of its €55bn renewable energy investment strategy, marking a pivotal shift in response to Donald Trump's potential return to the US presidency. The company, amongst Europe's…

British power generation giant Drax has lifted its annual profit forecast, capitalising on reduced wind farm output across the UK energy network. The North Yorkshire-based enterprise anticipates adjusted earnings to reach the upper…

In a significant legal victory, Shell has successfully overturned a landmark Dutch court ruling that had ordered the oil giant to slash its greenhouse gas emissions by 45% before 2030. The Court of Appeal in The Hague determined that whilst…

Spain's government has unveiled a substantial €10bn aid package to address the catastrophic flooding that has claimed 217 lives in the country's southeastern regions, with Prime Minister Pedro Sánchez emphasising that "climate change…

The Azerbaijani state oil and gas enterprise is set to significantly boost its fossil fuel production whilst simultaneously serving as the host nation for the UN COP29 climate summit, according to fresh analysis. Data examined by…

BMW has asked the European Commission reconsider its plan to ban all new petrol and diesel engines by 2035. Oliver Zipse said that the European Union's ban on the sale of zero-emission cars was a response to the "trend towards pessimism"…

As the world grapples with the pressing issue of climate change, scientists at the University of Edinburgh have forged an unconventional partnership in their quest for sustainable solutions. By harnessing the power of bacteria, they aim to…

BP shareholders will receive a payout of several billion dollars this year, after the oil giant announced better-than-expected quarterly profits of nearly $2.8bn. After reducing its green investments, the oil company angered…

Petrostate Azerbaijan is planning to raise at least $500mn to fund green projects as its first step in marshalling climate finance before the UN COP29 Summit it will be hosting in November. Baku plans to launch the project under the…

A report by the London School of Economics found that climate campaigners are suing energy companies to stop the use of fossil-fuels. The LSE has found that there are currently 132 climate-related cases in British law, an increase from…

Shell has suspended the construction of Europe's biggest biofuel plant, which was to convert waste by the end the decade into green jet fuel or biodiesel. The oil company announced on Tuesday that it will "temporarily" pause work on one…