“The IMF is predicting that the UK will see the highest growth of any G7 member in 2022,” said climate minister Graham Stuart, despite the UK being plagued with the ongoing energy crisis.
Former Energy Minister Chris Skidmore MP has urged the public and British businesses to disclose the best routes to achieving net zero and decarbonisation as part of the MP’s independent net zero review.
Former Energy Minister Chris Skidmore has launched a net zero review aiming to maximise economic growth, increase energy security and ensure affordability in the fight against climate change.
A rise in the cost of energy has had a severe impact on the transition of small and medium enterprises (SMEs) in their pursuits of lowering carbon emissions and adopting green technologies.
The Net Zero Technology Centre (NZTC) has highlighted the need to back the creation of demonstration centres around the UK to drastically reduce the costs associated with low-carbon technologies.
An International Energy Agency (IEA) report has found electric vehicle (EV) sales doubled in 2021, while the organisation is forecasting an increase in global renewable capacity of 8% in 2022.
Seven out of 10 retail investors surveyed by Thrive Renewables and Triodos Bank were in favour of increasing renewable energy investment in the UK, with more than two-thirds expressing support for solar PV.
