Current policy is insufficient for previous emissions targets and must be ramped up if net zero is to be reached, the Committee on Climate Change (CCC) has said.
Calculations made by HM Treasury of the cost of net zero have been labelled “slightly disturbing” by former leader of the Labour Party and co-chair of IPPR’s Environmental Justice Commission, Ed Miliband.
National Grid Electricity Transmission unveils £7.4 billion plan to build transmission system of the future
National Grid Electricity Transmission (NGET) has unveiled plans to spend £7.4 billion to establish the “future electricity transmission system”.
Rachel Reeves, chair of the Business, Energy and Industrial Strategy select committee, has written to chancellor Philip Hammond requesting details behind the Treasury’s net zero sums.
The UK has today passed a legally binding net zero emissions target into law, becoming the world’s first major economy to do so.
Great Britain is to derive more power from zero carbon sources than fossil fuels in 2019, the first time that would have occurred since the industrial revolution.
Swedish energy giant Vattenfall has issued a €500 million (£438 million) green bond - its first ever - offering investors the chance to “support the transformation of the energy system”.
The UK government will legislate for a net zero economy by 2050 Prime Minister Theresa May has confirmed, in one of her last acts in office.
There has never been a better time for innovative, low carbon energy technologies to come to market, the government has claimed.