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News

'Planetary Insolvency': GDP could face a 50 per cent hit unless world acts now to curb emissions, report warns

Climate change

'Planetary Insolvency': GDP could face a 50 per cent hit unless world acts now to curb emissions, report warns

Institute and Faculty of Actuaries warns climate impacts will become 'future national security issue' unless urgent policy measures are introduced to curb emissions and enhance resilience

clock 16 January 2025 • 5 min read
Amazon claims title of world's biggest corporate renewables buyer for fifth year running

Energy

Amazon claims title of world's biggest corporate renewables buyer for fifth year running

Online retail giant claims to have backed more than 600 wind and solar projects to date capable of powering the equivalent of 8.3 million US homes

clock 16 January 2025 • 3 min read
Study: Global green hydrogen pipeline needs $1.3tr of investment by 2030

Investment

Study: Global green hydrogen pipeline needs $1.3tr of investment by 2030

New study reveals that in 2023 less then 10 per cent of announced hydrogen projects were delivered, as it warns of 'big gaps' between ambition and implementation

clock 16 January 2025 • 2 min read
Reports: Biden confirms $74bn of climate funding ahead of Trump inauguration

Policy

Reports: Biden confirms $74bn of climate funding ahead of Trump inauguration

Sign off of latest wave of Inflation Reduction Act funding should 'Trump-proof' flagship green initiatives - but $20bn of previously announced funding could be vulnerable, new figures reveal

clock 16 January 2025 • 3 min read
Study: Do businesses know how much power their AI systems are using?

Technology

Study: Do businesses know how much power their AI systems are using?

New survey highlights how only 13 per cent of firms are tracking their AI-related energy consumption

clock 16 January 2025 • 3 min read
Octopus Energy reports 144 per cent jump in heat pump inquiries

Technology

Octopus Energy reports 144 per cent jump in heat pump inquiries

Energy giant reveals over 200,000 homeowners enquired about heat pumps last year, as industry figures show almost 60,000 were installed in 2024

clock 16 January 2025 • 2 min read
Government advances plans to power up first nuclear fusion power plant by 2040

Nuclear

Government advances plans to power up first nuclear fusion power plant by 2040

Record £410m in R&D investment aims to accelerate plans to build prototype nuclear fusion power plant at former coal power station site in Nottinghamshire

clock 16 January 2025 • 4 min read
BeZero Carbon plots CORSIA coverage after $32m funding boost

Investment

BeZero Carbon plots CORSIA coverage after $32m funding boost

Ratings agency announces successful Series C fundraise led by GenZero as it looks to boost coverage of expanding carbon markets

clock 16 January 2025 • 3 min read
Clean Maritime Demonstration Competition: Government awards £30m in green shipping funding

Shipping

Clean Maritime Demonstration Competition: Government awards £30m in green shipping funding

Fresh government funding to support roll out of low carbon maritime tech, drive economic growth, and create jobs in UK’s coastal communities

clock 16 January 2025 • 3 min read
Study concludes government's clean power mission can cut energy bills

Energy

Study concludes government's clean power mission can cut energy bills

New modelling from E3G suggests Labour can build a clean power system by 2030 and deliver energy bill savings of over £200 a year for households - but only if it backs sweeping electricity market reforms

clock 15 January 2025 • 8 min read
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