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Global Briefing: EU set to push for more stretching 2030 climate target

Business Green

Plus Poland and South Korea coal-phase outs, Siemens Gamesa hydrogen project, and all the top green business news from around the world this week. Poland accelerates coal phase out, pushes for nuclear and offshore wind. million, in addition to increasing the number of hydrogen vehicles from 8,000 to 200,000 over the coming years.

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

Business Green

Moreover, the emergency package sets out £6bn a year for a ‘Warm Homes Plan', which the Party said would insulate 19 million homes over the next decade, in a move it claimed would slash the average family energy bill by £1,000 a year. New nuclear projects are forever delayed.". Take renewable energy," Starmer wrote.

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Energy Security Strategy: Government promises 'major acceleration of homegrown power'

Business Green

However, with calls growing for European governments to impose sanctions on fossil fuel exports from Russia in response to the latest atrocities in Ukraine, campaigners slammed the proposed package of measures arguing that it was badly underpowered and would "do nothing to help the UK get off Russian gas this year". this summer.

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? Copper’s the new gold rush #184

Climate Tech VC

  In deals, geologic hydrogen digs up $245m, $181m across six EV deals, and Brookfield’s $10bn climate transition fund.  📦 Voidless , a Milan, Italy-based on-demand packaging solutions platform, raised $2m in Seed funding from 360 Capital and CDP Venture Capital.   Thanks for reading! Not a subscriber yet?

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Arizona nuclear to clean hydrogen project receives $20 million from Dept. of Energy

Renewable Energy World

of Energy to demonstrate technology that produces clean hydrogen energy from nuclear power, as part of the agency's goal of reducing the cost of clean hydrogen production by 80%. Additionally, President Biden's FY 2022 budget request includes $400 million for hydrogen activities, compared to $285 million in FY 2021.

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A lopsided prospectus? Commentators appraise the Spring Budget

Envirotec Magazine

This included a £20bn package to support carbon capture, utilisation and storage (CCUS), a renewed focus on nuclear (including the decision to reclassify it as environmentally sustainable) and a refresh of the Control for Low Carbon Levies mechanism on energy policy costs. 2022), p258 the “U” in “CCUS”).

Carbon 54
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No energy security without efficiency: How energy use is key to tackling the gas price crisis

Business Green

Insulation, LED lighting, flexibility services, and smart metering may not garner as much political attention as giant offshore wind farms and nuclear power plants, but experts have long pointed out they are far cheaper and quicker to deploy at scale and will shave money off household energy bills far more quickly.