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Think tank outlines possible clean energy industrial strategy for the UK

Envirotec Magazine

Accelerating the build-out of clean energy will reduce costs and make the UK more secure, write Josh Freed and Isabelle Chan of US think tank Third Way, which released a new policy paper on the topic on 29 September. For example, the UK has the Business, Energy, and Industrial Strategy Department. Why industrial strategy?

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CBAM Ignites New Era of Equitable Contest in Europe

Hydrogen Fuel News

This not only discourages domestic firms from relocating but also suppresses the effects of carbon border taxes by effectively equalizing carbon prices for both domestic and foreign producers in the home market. It ensures that all hydrogen producers, regardless of their location, face similar production costs in terms of carbon pricing.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Energy & industry. Weaker residential construction activity cooled the HVAC sector, and heat pump sales bore the brunt at a 16% decline compared to 2022.  Happy Monday!  Manufacturing.

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Duke Energy Will Play ‘Pivotal Role’ in North Carolina Clean Energy Debate, CEO Says

GreenTechMedia

Duke Energy’s third-quarter earnings report on Thursday revealed success in managing the effects of the coronavirus pandemic on its multistate utility operations. Historically, energy policy in North Carolina has moved in a bipartisan way," she said. Duke’s long-range plans and looming home-state political decisions.

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Fuelling the transition: How investors can really move the dial on sustainable energy

Business Green

With the global need for action more pressing than ever, the strategy and conference have called for a complete rebuilding of the energy system, with renewable energy set to play a central role. We're still a long way from securing a sustainable energy system that consistently meets our needs while we make the transition to net zero.

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No energy security without efficiency: How energy use is key to tackling the gas price crisis

Business Green

Energy security and net zero requires a rethink of the way energy consumed and used. But what policies do experts think shuold feature to the government’s upcoming Energy Security Strategy and Spring Statement? It was a glaring omission.

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Energy crisis: Labour unveils £6bn home insulation plan, as pressure mounts on government for action

Business Green

Liz Truss, Rishi Sunak and Downing Street face mounting pressure to ramp up support for energy efficiency and billpayers as autumn draws nearer. Britain's cost of living crisis is getting worse, leaving people scared about how they'll get through the winter," said Starmer.