decarbonisation

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.

The UK must scale-up decarbonisation of heat and transport, according to the International Energy Agency’s (IEA) latest in-depth review of UK energy policies.

The UK’s transition towards a net zero economy will cost the country more than £1 trillion, 40% more than the Committee on Climate Change has suggested, HM Treasury has claimed.

The UK’s Treasury Committee has launched an inquiry into HM Treasury’s role in the decarbonisation of the country’s economy, just a day after reports suggested it was ready to “fiddle” with binding climate targets.

Britain’s high carbon prices look set to drive more prolonged periods without coal generation, but the country is still reliant on coal power from overseas, energy analyst firm EnAppSys has claimed.