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Only new fiscal rules will avoid a Budget carbon COP out

Business Green

The Budget on Wednesday will be the first real test of this government's commitment on climate and it needs to drive momentum in the decarbonisation of electricity, heat and transport or it will set us up for a failure on the world stage. This Budget is a real opportunity to show leadership on carbon pricing.

COP 59
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'Denial and delusion': Green groups slam government refusal to rule out new North Sea oil and gas exploration

Business Green

But Ministers insist end to financial support for overseas fossil fuel energy projects, £16bn transition plan for North Sea, and climate compatibility test for new projects can put UK on track to net zero emissions. We will not leave oil and gas workers behind in the United Kingdom's irreversible shift away from fossil fuels. "We

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COP27: Shorter deadlines are key to long-term incremental change

Business Green

COP27's focus this year circled similar essence, on holding organisations accountable to their commitments and demanding to see gradual, yet impactful change. COP27 put significant pressure on both organisations and governments to urgently act now. Industry and nations joining forces for everyone's good.

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High Seas Treaty: What does it mean for business?

Business Green

The deal has been hailed as a major coup for multilateralism , and as a crucial milestone in countries' efforts to meeting the goal, agreed by governments last December , to ensure 30 per cent of the Earth's land and sea are granted protected status by 2030.

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COP27: Unshackling the demand for renewables

Business Green

Powers, vice president for global cleantech and renewables at Schneider Electric, who explores how public-private sector collaboration can help unshackle the surging demand for renewable energy. I think a lot of the feedback that you hear from any of the COPs is we're not doing enough and we're not doing it fast enough.

Demand 36
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What Is Carbon Accounting? Standards, Frameworks, Developments and Challenges

Green Business Bureau

Such businesses better meet the demands of the regulatory environment while coming into alignment with investor, consumer, and employee preferences. As such, in 2022 81% of S&P 500 companies reported their own emissions (scope 1), and the emissions of the electricity they bought (scope 2). C) within reach.

Carbon 78
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End of new coal power 'within sight' worldwide, report claims

Business Green

Analysis by E3G and Global Energy Monitor calculates pipeline for pre-construction coal plants has plummeted 76 per cent since 2015. Moreover, it claims a further 16 countries only have one new coal power plant each in development, putting them just "one project away from a future without coal".