CleanTech Focus

Reports: Treasury shelves £30bn plan to electrify UK railways over cost concerns

Business Green

DECEMBER 13, 2021

Clean transport advocates point out £30bn price tag for railway electrification is in the same ball park as budget for road building. The newspaper reported on Saturday that industry insiders had confirmed the strategy had been scrapped. BusinessGreen has contacted both the Treasury and the Department for Transport for comment.

Transportation

Transportation Government Hydrogen Investment

The UK's net zero target is under threat because there's no plan to pay for it

Business Green

MAY 26, 2022

Building decarbonisation is critical to delivering a net zero Britain, but neither the Treasury nor Scottish government have set out a vision for how a mass green homes retrofit programme could be funded, writes Glasgow Caledonian University’s Keith Baker.

Climate change

Climate change Government Fossil fuels Construction

'Giant opportunity': Why achieving a net zero emission supply chain could be cheaper than you think

Business Green

JANUARY 21, 2021

Supply chain decarbonisation is possible at relatively low cost to consumers, World Economic Forum and Boston Consulting Group research suggests. Setting ambitious net zero targets for company's core business is one thing, but achieving deep decarbonisation across the entire supply chain is quite another.

Carbon

Carbon Demand Investment Recycled materials

'Titanic pivot from coal to hydrogen': Are steelmakers prepared for the rapid net zero transformation ahead?

Business Green

DECEMBER 6, 2021

The steel sector could be ready to shed its ‘hard to abate' moniker, with yet another fresh study strongly indicating the decarbonisation of the emissions-intensive industry may be not only possible, but also far cheaper than previously assumed. This transition will cause both great disruption, and great opportunity.".

Hydrogen

Hydrogen Recycling Recycling Fossil fuels

Brexit tariffs would drive £2,800 EV price hike, auto sector warns

Business Green

OCTOBER 23, 2020

The average price tag on an electric vehicle (EV) could shoot up by £2,800 in the UK in the event of a 'no-deal' Brexit, with resulting tariffs imposed on battery imports likely to effectively cancel out consumer savings from the government's plug-in car grants scheme, Britain's car industry has warned.

Electric vehicle

Electric vehicle Automotive Transportation Government

'Net zero is a no regret policy': How climate action could boost UK GDP by 9.1 per cent

Business Green

MAY 29, 2022

How much could climate change impacts cost the UK economy, and how much will it cost the UK to decarbonise and avoid the worst of these impacts? Such findings underscore the very global nature of the climate crisis, and how the UK economy stands to suffer significantly unless all countries decarbonise their economies over the coming decades.

Policy

Policy Climate change Agriculture Global warming

Could UK gas power stations still play a role on a net zero grid?

Business Green

AUGUST 16, 2021

Power sector decarbonisation is frequently characterised as the low hanging fruit of the UK's net zero transition. But a report from Aurora Energy Research today cautions that the latter phases of power sector decarbonisation could well be set to diverge from the aforementioned narrative.

Fossil fuels

Fossil fuels Hydrogen Demand Carbon

In the hot seat: Solar Energy UK's Chris Hewett on how solar can help deliver net zero buildings and businesses

Business Green

AUGUST 25, 2021

The 2010s have been dubbed the 'solar coaster' by solar industry insiders, in reference to the stop-start manner in which government subsidies were introduced and then abruptly reduced or withdrawn. There is lots to celebrate for the UK's solar sector as the early 2020s proceed.

Energy

Energy Energy Government Carbon-neutral

Reports: Government mulls gas boiler phase out delay amid cost concerns

Business Green

JULY 27, 2021

A spokesperson from the Department for Business, Energy and Industrial Strategy (BEIS) was considering BusinessGreen 's request for comment on the reports at the time of going to press. ECIU analyst Jess Ralston predicted a less ambitious timeline for heat decarbonisation would also slow innovation in the sector.

Government

Government Fossil fuels Climate change Carbon

How to bridge the SME net zero financing gap

Business Green

FEBRUARY 14, 2023

Unsurprisingly, the results of a survey of 344 small businesses across 40 countries published today has identified a lack of a finance as a "major hurdle" to decarbonisation within the small business community. Launched in 2020, the SME Climate Hub now counts 5,200 committed signatories.

Resilience

Resilience Agriculture Investment Technology

How investing 1.3 per cent of GDP could decarbonise the global economy - and unlock massive financial savings

Business Green

MARCH 21, 2023

With attempts to deny the seriousness of the climate crisis and discredit the feasibility of clean technologies overwhelmed by observable reality those opposed to climate action have increasingly turned to questioning the cost of decarbonisation. Moreover, this price tag is for capital investments, not costs.

Investment

Investment Fossil fuels Policy Carbon

Oil Lobby’s Carbon Capture Solution Hasn’t Consulted Local Nation, Chief Says

DeSmogBlog

SEPTEMBER 15, 2023

Bishop said that industry proponents point to Shell’s Quest project as a success story, but added it’s small scale compared with Pathways. A recent investigation by DeSmog analyzing subpoenaed internal oil industry communications revealed Big Oil is primarily interested in carbon capture as a means to maintain or increase production.

Carbon

Carbon Carbon-negative Hydrogen Natural gas

How much will net zero cost the UK? The OBR tries answering the trillion-pound question

Business Green

JULY 7, 2021

The Office for Budgetary Responsibility has offered some of the most detailed estimates to date on the costs and savings that would result from decarbonising the UK economy by 2050. The majority of the cost to the state is likely to come from decarbonising buildings, which the OBR estimates will cost £164bn over three decades.

Climate change

Climate change Government Policy Carbon

'Badvertising': Is the public increasingly turned off by dirty ads?

Business Green

APRIL 25, 2022

We may still need fossil fuels, just as we have a need for certain drugs, weapons, and unhealthy foods, but should a society that is committed to decarbonising be advertising them? If high carbon products are regarded as dangerous and socially undesirable, why should they be advertised?

Fossil fuels

Fossil fuels Pollution Carbon Health

Is this it? Are we at risk of over-estimating the neo-climate sceptics?

Business Green

FEBRUARY 15, 2022

But after watching this weekend's latest fusillade of editorials and letters ( some from bizarrely unnamed MPs ) arguing for the government to dilute its net zero plans and revive the fracking industry it is hard not to conclude that it is equally important not to overestimate their abilities.

Politics

Politics Policy Global warming Fossil fuels

Media Brief: Canada’s Clean Electricity Regulations

Clean Energy Canada

AUGUST 8, 2023

Canada’s grid is already 84% emissions free, but as the energy transition progresses, more homes, vehicles, and industries will be plugging into the grid. The effects of the climate crisis could cost Canadians some $700 per year by 2025—a price tag that is expected to double or triple by 2050. As part of its G7 presidency, the U.K.

Electricity

Electricity Fossil fuels Natural gas Power grid

'Sensible incentives' and 'plumbing reforms': Leading figures mull pathway from Covid-19 crisis to net zero economy

Business Green

MAY 18, 2020

A new essay collection from Bright Blue argues that net zero will not require vast amounts of public spending, due to the momentum delivered to date on decarbonisation in the UK.

Policy

Policy Government Packaging Transportation

'Green product scarcity' is looming: How can businesses remove the cleantech bottleneck?

Business Green

JANUARY 11, 2023

Despite substantial and increasing demand for green materials and products, many supply-side players are still failing to respond at the pace required to meet that burgeoning demand, eroding hopes that economy-wide decarbonisation can be delivered at the pace needed to deliver on the goals of the Paris Agreement.

Demand

Demand Technology Plastics Carbon

'A poor use of public funds': Should the government subsidise biomass and carbon capture technology?

Business Green

MAY 24, 2021

But Ember has urged the government to think carefully before endorsing Drax's BECCS plans, claiming that the subsidy figures cited in its report are based on figures published last year by the Department for Business, Energy and Industrial Strategy (BEIS) which assume a 25-year liftime for BECCS production.

Carbon-negative

Carbon-negative Government Carbon Technology

'This is not a scary transition': Six key takeaways from the CCC's net zero progress report

Business Green

JUNE 24, 2021

Every year since its inception the Climate Change Committee (CCC) offers its verdict on the UK's progress against its climate goals, providing an overview of the country's decarbonisation to date, its latest economic and emissions projections, and the state of the policy landscape.

Government

Government Policy COP Carbon

Liz Truss promises 'spades in the ground' to tackle energy crisis and drive UK growth

Business Green

SEPTEMBER 6, 2022

Truss' speech make any direct mention of net zero, renewable energy nor the environment, despite her having promised in recent weeks to "double down" on decarbonisation efforts in government.

Energy

Energy Energy Packaging Government

'A climate-shaped hole at its heart': The green economy reacts to the Spring Statement

Business Green

MARCH 23, 2022

The decision to finally heed industry calls to reduce VAT on energy saving materials have been broadly welcomed by experts across the green economy, who have noted the move is long overdue and will help households across the country reduce the amount of gas they need to heat their homes.

Fossil fuels

Fossil fuels Government Investment Energy

Labour draws green dividing lines with promise of net zero emission power by 2030

Business Green

SEPTEMBER 26, 2022

Labour's Party Conference kicked off yesterday, with the new tag line 'A Fairer, Greener Future' on prominent display, and the opening policy announcement coming in the form of a commitment to deliver a net zero emissions power system by 2030, a full five years earlier than the government's current 2035 target date.

Government

Government Policy Climate change Fossil fuels

Everything you need to know about the UK's landmark Energy White Paper

Business Green

DECEMBER 14, 2020

Recent weeks have seen a new 2030 emissions target, the National Infrastructure Strategy, the Treasury's Spending Review, the confirmation of an end to overseas financing of fossil fuel infrastructure, and, of course, Boris Johnson's Ten Point Plan for a Green Industrial Revolution.

Building Energy Monitoring

Building Energy Monitoring Business Energy Monitoring Home Energy Monitoring Energy Monitor

'More UK gas won't bring down bills': The green economy reacts to the government's energy crisis plan

Business Green

SEPTEMBER 8, 2022

Jess Ralston, senior analyst with the Energy and Climate Intelligence Unit (ECIU), said: "All the experts and even the industry agree more UK gas won't bring down British bills. The huge price-tag for this unprecedented intervention lays bare the cost of our reliance on volatile and expensive gas.

Government

Government Energy Energy Fossil fuels

'Fifteen years of anaemic growth cannot be repeated': The green economy reacts to the government's Growth Plan

Business Green

SEPTEMBER 23, 2022

Boosting the ECO scheme could well end up being cost neutral on Treasury with insulation cutting gas demand and so the overall price tag of the bailout. Good regulation is welcome by industry, as it provides a level playing field for those who want to build high quality development.

Government

Government Building Energy Monitoring Home Energy Monitoring Business Energy Monitoring

CleanTech Focus

Reports: Treasury shelves £30bn plan to electrify UK railways over cost concerns

The UK's net zero target is under threat because there's no plan to pay for it

Trending Sources

'Giant opportunity': Why achieving a net zero emission supply chain could be cheaper than you think

'Titanic pivot from coal to hydrogen': Are steelmakers prepared for the rapid net zero transformation ahead?

Brexit tariffs would drive £2,800 EV price hike, auto sector warns

'Net zero is a no regret policy': How climate action could boost UK GDP by 9.1 per cent

Could UK gas power stations still play a role on a net zero grid?

In the hot seat: Solar Energy UK's Chris Hewett on how solar can help deliver net zero buildings and businesses

Reports: Government mulls gas boiler phase out delay amid cost concerns

How to bridge the SME net zero financing gap

How investing 1.3 per cent of GDP could decarbonise the global economy - and unlock massive financial savings

Oil Lobby’s Carbon Capture Solution Hasn’t Consulted Local Nation, Chief Says

How much will net zero cost the UK? The OBR tries answering the trillion-pound question

'Badvertising': Is the public increasingly turned off by dirty ads?

Is this it? Are we at risk of over-estimating the neo-climate sceptics?

Media Brief: Canada’s Clean Electricity Regulations

'Sensible incentives' and 'plumbing reforms': Leading figures mull pathway from Covid-19 crisis to net zero economy

'Green product scarcity' is looming: How can businesses remove the cleantech bottleneck?

'A poor use of public funds': Should the government subsidise biomass and carbon capture technology?

'This is not a scary transition': Six key takeaways from the CCC's net zero progress report

Liz Truss promises 'spades in the ground' to tackle energy crisis and drive UK growth

'A climate-shaped hole at its heart': The green economy reacts to the Spring Statement

Labour draws green dividing lines with promise of net zero emission power by 2030

Everything you need to know about the UK's landmark Energy White Paper

'More UK gas won't bring down bills': The green economy reacts to the government's energy crisis plan

'Fifteen years of anaemic growth cannot be repeated': The green economy reacts to the government's Growth Plan

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