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News

Automotive

'Historic milestone': Battery pack prices fall under critical $100/kWh mark for first time

Update from BloombergNEF reveals battery pack prices have plummeted from $1,100 per kWh in 2010 to $137 per kWh in 2020, powered by soaring EV sales, cheaper materials, and manufacturing and tech innovation

clock 17 December 2020 • 3 min read

Investment

Lloyd's of London promises to end investment in coal, oil sands, and Arctic exploration

Insurance giant sets out wide-ranging new sustainability strategy designed to curb investment in fossil fuel infrastructure, but campaigners argue faster timetable is required

clock 17 December 2020 • 4 min read

Investment

Climate Action 100+: Nine out of 10 corporates exclude indirect emissions from climate goals

Update from investor-backed campaign calls on companies to better account for their indirect emissions in corporate climate goals

clock 17 December 2020 • 2 min read

Risk

Wet winter warning: Labour calls for flood preparedness taskforce

Opposition accuses government of 'letting down flood-hit communities yet again' as new analysis suggests flood recovery grants have not been fully distributed

clock 16 December 2020 • 4 min read

Aviation

ZeroAvia secures $21.4m backing for hydrogen-electric aircraft vision

Shell, Amazon, and investment groups participate in funding round as ZeroAvia aims for first commercial zero emission flight in 2023

clock 16 December 2020 • 2 min read

Policy

Biden preps green team with McCarthy, Granholm,and Buttigieg in the frame

Reports suggest former Environmental Protection Agency head Gina McCarthy is set to be appointed as domestic climate czar

clock 16 December 2020 • 3 min read

Technology

Lendlease to ban diesel on construction sites in zero carbon push

Property firm to phase out diesel use on its construction sites from 2025 as it sets out plans to align business with 1.5C global warming trajectory

clock 16 December 2020 • 4 min read

Aviation

Supreme Court overturns ruling blocking Heathrow third runway

BREAKING: Campaigners vow to challenge decision in European Court of Human Rights, arguing the Supreme Court has 'betrayed' the public by ruling Ministers did not have to consider the Paris Agreement when approving the controversial project

clock 16 December 2020 • 6 min read

Climate change

'Step up to be counted': EU launches major climate engagement campaign

Count Us In campaign will urge EU citizens to embrace a number of carbon cutting measures, such as reducing food waste, travelling by bike and foot, and investing in better home insulation

clock 16 December 2020 • 1 min read

Offsets

BP snaps up majority stake in US forest offset firm Finite Carbon

Oil and gas giant ramps up investment in USA's largest carbon offset developer, as it increases focus on natural climate solutions in support of its net zero targets

clock 16 December 2020 • 3 min read
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