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Market for new-build renewables doubtful to meet net zero

Heather Trudeau
auction, BEIS, CFD, Cornwall Insight, Efficiency & Environment, electricity, energy, National Grid, net-zero, new build, onshore wind, PPA, Renewables
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Market for new-build renewables doubtful to meet net zero: The current market and options available for new-build renewables are inadequate to keep the UK on track to its net zero target. According to National Grid Future Energy Scenario (FES), the UK needs approximately 87-113GW (scenario dependent) of renewables capacity by 2030 and 197-231GW by 2050.…
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G7 to be carbon-neutral as a result of four projects

Heather Trudeau
Alok Sharma, BEIS, carbon dioxide emissions, carbon neutrality, climate change, COP26, cornwall, Efficiency & Environment, G7, net-zero, Policy, Top Stories
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G7 to be carbon-neutral as a result of four projects: The government has just announced that the G7 Summit in Cornwall will be accomplished through carbon-neutrality. The event will be hosted from 11th-13th June & will arrange seasonal produce included in its catering, with the goal to source products with a boundary of 100 miles…
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Government to ban financing fossil fuel plans overseas

Heather Trudeau
BEIS, carbon capture, carbon storage, Efficiency & Environment, energy transition, fossil fuels, friends of the earth, green recovery, hydrogen, Infrastructure, North Sea, oil and gas, Policy, Renewables, Top Stories
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Government to ban financing fossil fuel plans overseas: The UK will halt financing overseas fossil fuel projects starting 31st March, succeeding a trailblazing North Sea Transition Deal settled between the government & the oil and gas sector. This new agreement will have policymakers & industry invest as much as £16b in renewables, hydrogen & carbon…
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£150m investment to save tropical rainforests

Heather Trudeau
BEIS, biodiversity, carbon dioxide emissions, climate change, Efficiency & Environment, Environment, tropical rainforest
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£150m investment to save tropical rainforests: The Amazon and Indonesian basins are rainforest regions and communities vulnerable to climate change are set to recieve a new £150 million government investment. This investment is thought to help protect 2/1 million hectares of rainforests, this is eqivalent to the size of Wales, from deforestation. With this investment…
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Government ambitions for COP26 need to be clearer

Heather Trudeau
Alok Sharma, BEIS, CCC, climate change, COP26, Efficiency & Environment, government, net-zero, Policy, report, Sustainability, Top Stories, UNFCCC
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Government ambitions for COP26 need to be clearer: BEIS have stated that the government’s ambitions for the COP26 climate summit in November needs to be clearer showed an report by Business, Energy and Industrial Strategy Committee (BEIS). BEIS has called for more clarity in relation to the summit to ensure maximum potential for agreements and…
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Millions of £s from Green Homes Grant may be retracted

Andy Robinson
Anne-Marie Trevelyan, BEIS, Business Minister, Catherine West, energy efficiency, Finance & Markets, fossil fuel, Green Homes Grant, Policy, Renewable energy
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Millions of £s from Green Homes Grant may be retracted: 100s of millions of pounds devoted originally to the Green Homes Grant, that was primarily planned to help households set up energy efficiency measures, could  never be designated to eligible members of the scheme. As claimed by a report shown by Labour, almost £71 million…
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COP26 President: 2021 to be a big year for climate & UK

Heather Trudeau
Alok Sharma, BEIS, climate change, COP26, Efficiency & Environment, Environment, glasgow, net-zero, Policy, Top Stories
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COP26 President: 2021 to be a big year for climate & UK:  Alok Sharma, COP26 President announced that 2021 will bring a ‘golden thread’ of climate action driven by the UK. Talking at the Business, Energy and Industrial Strategy Committee early today, he stated: “2021 will be a very big year for the climate, it…
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Mr Kwarteng named Business Secretary & other changes

Heather Trudeau
Alok Sharma, BEIS, Business Secretary, COP26, energy, glasgow, Kwasi Kwarteng, net-zero, Policy, Top Stories
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Mr Kwarteng named Business Secretary & other changes: The Prime Minister has selected Alok Sharma as full-time President of the UN COP26 climate conference which will be held in Glasgow this November, along with Kwasi Kwarteng named as Secretary of State for Business, Energy & Industrial Strategy. Anne-Marie Trevelyan will become Minister of State for…
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UK projects presented £8m for world’s 1st net zero zone

Heather Trudeau
2050, BEIS, carbon capture, carbon dioxide emissions, decarbonisation, Efficiency & Environment, Infrastructure, net-zero, Policy, Technology, Top Stories
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UK projects presented £8m for world’s 1st net zero zone: Six projects throughout the UK have been given a share of £8 million in government funds in a attempt to build the ‘world’s first’ carbon neutral industrial zone by 2040. Undertakings in the West Midlands, Tees Valley, North West, Humber, Scotland & South Wales will…
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UK’s fusion energy investments boosted economy £1.4bn

Heather Trudeau
BEIS, economy, Finance & Markets, fusion energy, investment, Iter, jobs, London Economics, Technology, UK, UKAEA
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UK’s fusion energy investments boosted economy £1.4bn: The UK Government’s direct investments in fusion energy has helped boost the economy by £1.4 billion over the past decade. That’s as stated in a new study by London Economics & published by BEIS, which shows the investment of £346.7 million has further supported an average of 4,000…
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