Remove tag net-zero-review
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Reports: Treasury shelves £30bn plan to electrify UK railways over cost concerns

Business Green

Clean transport advocates point out £30bn price tag for railway electrification is in the same ball park as budget for road building. The Treasury is facing further accusations that it is hampering the UK's net zero transition, after reports emerged over the weekend that it has blocked plans to electrify Britain's railways over cost concerns.

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

Business Green

Just how much it will cost the UK to reach net zero emissions by 2050 is the trillion-pound question at the epicentre of climate discourse at present. There is a vacuum that is being filled by people who would rather we didn't focus on net zero," he said. Or is it a billion pound question?

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Government set to lift fracking ban, confirm gas price freeze plan

Business Green

The plan is to be reviewed next Spring, but the government indicated the price freeze could stay in place for up to two years with the price tag expected to reach up to £150bn. As a result, domestic energy bills should stay at around current levels through this winter.

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

Business Green

And since 2018, the Committee has beefed up its analysis and advice, judging the government's efforts against the legally-binding, overarching goal to transition one of the world's largest economies to net zero emissions by 2050. They seem to be placing all of their chips on the new Net Zero Strategy that is planned before COP26.

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Liz Truss prepares to announce energy price freeze plan

Business Green

The news agency said the new pricing regime would remain in place for up to 18 months, but would be reviewed every quarter. And there were conflicting reports over the price tag attached to the new support package.

Energy 69
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Labour draws green dividing lines with promise of net zero emission power by 2030

Business Green

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.

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How the Integrity Council's new global benchmark could prove a watershed moment for the carbon market

Business Green

Dr Francisco Souza, managing director of the FSC Indigenous Foundation and an ICVCM Board member, said IPs and LCs have a "vital" role to play in achieving net zero as they protect and manage around 40 per cent of the planet's ecologically intact landscapes.

Carbon 36