The United Kingdom’s government is preparing to modify its electric vehicle (EV) regulations as sales struggle to meet expectations. Business Secretary Jonathan Reynolds is launching a swift consultation next week
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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
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
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
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 up to
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
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
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
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
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
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.
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
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
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
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
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
