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Scottish Widows excludes all fossil fuels from flagship £250m green pension fund

Business Green

Scottish Widows has claimed that its £250m Environmental Fund now boasts the widest fossil fuel exclusions of any pension provider in the UK, as it unveiled a reboot of the 31-year-old scheme this morning. Outfits that receive revenue from nuclear energy or nuclear uranium mining will also be excluded, it added.

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Renewables overtake fossil fuels in 2020 as Britain's power grid enjoys 'greenest year' yet

Business Green

But Imperial College London analysis warns emerging technologies and negative emission power plants are likely to be needed to unlock full decarbonisation of the grid. Nuclear power, meanwhile, provided 17.5 per cent of Britain's power last year, while imports accounted for just under seven per cent.

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Will Covid-19 Permanently Shrink The Fossil Fuel Industry?

R-Squared Energy

The fossil fuel industry has faced serious headwinds for several years, but the rise of renewables combined with the fall in consumption as a consequence of the global corona crisis is pushing it over the edge and into “terminal decline”. The fossil fuel industry has faced an oversupply problem, as well as a public relations problem.

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'Missing link': Could nuclear power up the clean hydrogen industry?

Business Green

A new report argues that with demand for clean hydrogen set to boom, the nascent mocular reactor industry could have a key role to play in meeting surging demand. Highly productive shipyards can manufacture hundreds of units to power up the clean hydrogen economy and rapidly replace fossil fuels in shipping, aviation, and industry.".

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EU wants to allow natural gas, nuclear in green investment

Renewable Energy World

.” The green labeling system from the European Commission, the EU’s executive arm, would define what qualifies as an investment in sustainable energy in the 27-nation bloc. Under certain conditions, gas and nuclear energy could be part of the mix, making it easier for private investors to inject money into both.

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Boris Johnson eyeing major expansion of nuclear power to shore-up energy security

Business Green

Following a meeting with industry figures yesterday, the Prime Minister revealed plans to significantly expand the share of UK's electricity produced by nuclear power from around 16 per cent today to 25 per cent by 2050 - a move which would require major investment in new nuclear power capacity in the coming years, according to various reports.

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Expanding B.C. LNG involves risky trade-offs for province’s electricity system, economy, and climate goals: report  

Clean Energy Canada

LNG in the coming years and decades as forecasts for future LNG demand vary significantly. Japan’s LNG imports, for one, have steadily declined over the last decade and fallen to their lowest level in 14 years as the country restarts nuclear power plants and builds out renewables. s intended export markets.