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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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Energy Security Strategy: Nuclear and hydrogen tipped for big wins, but will Treasury block efficiency plans?

Business Green

Latest round of reports on long-overdue energy independence plan suggest Number 10 and 11 continue to be at loggerheads over the cost of actions that could protect consumers from record energy bills.

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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.

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Macquarie consortium to buy controlling stake in Britain's gas network from National Grid

Business Green

Investors eye major role for hydrogen in decarbonising UK's gas and energy system after deal valuing business at £9.6bn. National Grid's 7,660-kilometre transmission system plays a critical role in the UK energy landscape, transporting the gas needed to heat homes and power industry and electricity generation.

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Future System Operator: New public body launched to manage Britain's net zero energy transition

Business Green

FSO will take 'whole-systems' approach to integration of green energy technologies such as renewables, hydrogen, and CCUS, government confirms. The reforms follow a consultation last year over proposals to create a new energy system operator separate from National Grid plc with responsibility for both the electricity and gas grids.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

In news this week, COP28 wraps up with a landmark agreement on transitioning away from fossil fuels, DOE announces a new office focused on AI, and over 2M Teslas were recalled.  for grid enhancements and $7B for hydrogen fuel hubs. Proterra, the dominant electric bus maker, was just one high profile example.

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Global Briefing: Coronavirus crisis will have 'negligible' impact on emissions without green recovery, study warns

Business Green

The study drew on data from 123 countries that together account for 99 per cent of fossil fuel emissions. In contrast, with an economic recovery tilted towards green stimulus and reductions in fossil fuel investments, it is possible to avoid future warming of 0.3C Germany advances plans for green hydrogen hub.