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Oil & gas sector must take ‘immediate & decisive action’

Oil & gas sector must take ‘immediate & decisive action’: If the oil and gas sector does not take “immediate and decisive action”, it will stop the rest of the world from restricting global temperature rise to 1.5°C, alerts a new report by the World Benchmarking Alliance (WBA), CDP and ADEME. Applying CDP’s and ADEME’s…
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Australian price cannibalisation of renewable assets climb

Australian price cannibalisation of renewable assets climb

Australian price cannibalisation of renewable assets climb: Research from Cornwall Insight Australia shows that the growth of variable renewable energy (VRE) generation in Australia significantly impacts their captured price. In fact, in FY18, 98% of the grid-scale solar generation volumes captured prices above $50/MWh. However, this has reduced to 12% in FY21. On top of…
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Gas bills rise and emissions shall fall

Gas bills rise and emissions shall fall Recent news states that the government is reportedly considering a potential increase in gas bills in the aim to assist the country’s efforts towards reducing carbon dioxide emissions from fossil-fuel heating systems. According to a report by The Times, this will be part of a carbon reduction scheme…
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IRENA Price of renewable energy cheaper than fossil fuels

IRENA Price of renewable energy cheaper than fossil fuels: Almost 62% of whole renewable power generation that was added last year had reduced prices compared to the lowest new fossil fuel choices. A fresh paper by the International Renewable Energy Agency (IRENA) implies that prices of renewable energy technologies carried on falling  year-on-year in 2020…
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UK’s greenest waste tire recycling plant

UK’s greenest waste tire recycling plant The Norwegian startup Wastefront AS has begun recently investing in the UK with the construction of the UK’s greenest waste tire recycling plant which will be located in the Port of Sunderland. This has came merely a few days after his appointment where the company’s new Chief Executive Officer,…
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Drax’s carbon capture claims not based on real-world data

Drax’s carbon capture claims not based on real-world data, company reveals to campaigners. -Drax’s carbon capture announcements claims appear motivated by quest for new multi-billion pound subsidies, environmental campaigners warn’-   London, 14th June 2021 – The environmental campaign group Biofuelwatch is today publishing written statements by Drax [1] which reveal that the company’s claim that they are…
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A green £44 million for the UK

A green £44 million for the UK A further £44 million has been invested into the UK’s green initiative in the hopes to provide green heat into the homes of millions as well as businesses and public buildings. This new government package, with £30 million going into England, will aid three UK heat networks set…
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The end to new overseas coal funding in 2021

The end to new overseas coal funding in 2021 In a pledge made recently, G7 countries have agreed to prevent all new direct funding for coal power projects in all developing countries by the end of 2021. They are also committed to the acceleration to switch from unbated coal capacity to an ‘overwhelmingly decarbonised’ power…
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China’s CO2 emissions fastest rate in a decade

China’s CO2 emissions fastest rate in a decade: Current research reveals that carbon dioxide emissions in China excelled at the swiftest rate in a decade during the course of the 1st quarter of the year. Data by the independent organisation Centre for Research on Energy and Clean Air (CREA) indicates in the first quarter of…
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COP26 has obligation to commit coal to history

COP26 has obligation to commit coal to history: Alok Sharma has said that COP26 needs to signify the end of worldwide coal power generation & permanently commit the polluting fossil fuel to history. In a speech held outside Glasgow at the Whitelee wind farm, the COP26 President-Designate appealed to policymakers, businesses & individuals to “pick…
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