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Climate
Denmark will charge farmers €100 per cow as the first carbon tax in agriculture
Denmark has announced the first carbon tax in agriculture. Cattle farmers will be charged nearly €100 per year for each cow's greenhouse gas emissions.
After months of difficult negotiations with trade groups and environmental groups,…
EasyJet, Ryanair and Brussels criticise each other in net zero row
EasyJet and Ryanair have reacted angrily to a recent decision by the EU that long haul flights would be excluded from their crackdown on jet emission.
Budget airlines said that the announcement made on Wednesday will be a mockery to…
WWF shelved River Wye pollution report to keep Tesco happy
The Observer has learned that the wildlife charity WWF-UK has shelved an important report warning of the damage caused by intensive chicken production to the River Wye.
Tesco has donated more than £6m to the charity since 2018. Tesco has…
Shell criticised by Europe’s largest asset management company over climate policy
Amundi, Europe's biggest asset manager, has joined 26 investors in demanding Shell improves its environmental targets during its annual meeting. This is the largest shareholder push for climate policy that the oil and gas company faces.…
The world’s renewable energy capacities grew at a record pace in 2023
According to the International Energy Agency, the growth of renewable energy capacity in 2023 was the fastest in the past 20 years. This could help the world reach a major climate goal by the end the decade.
According to the IEA,…
Carbon price falls as investors worry about ‘weak impact’ of COP28 agreement
Carbon prices dropped to their lowest level in 14 months because traders were not convinced by the COP28 Summit agreement for meaningful climate action from governments.
The carbon futures market in London, which follows the EU's emissions…
UAE launches $30bn Investment Fund at COP28
According to sources familiar with the situation, the United Arab Emirates will launch a $30bn fund to invest in climate change with BlackRock TPG and Brookfield.
The UAE is launching the campaign to boost its credentials as the host of…