LATEST NEWS & VIEWS
NEW FOSSIL FUEL CARS LIKELY TO BE BANNED BY 2030
The UK is set to bring forward its ban on new fossil fuel cars from 2040 to 2030, according to reports. If confirmed, the move will bring the UK in-line with many of its European counterparts – including Germany, Ireland and the Netherlands – and will mark a major...
EU SET TO INCREASE CLIMATE CHANGE GOALS AS CARBON PRICES SOAR
Carbon futures prices continued their dramatic price surge last week, with prices touching €30/tonne as the EU look set to announce more ambitious climate goals this month. In March of this year, in the wake of coronavirus demand destruction, EUA (European Union...
OFGEM SETS PLANS TO ALLEVIATE BAD DEBT ISSUES
Industry regulator Ofgem has set out a range of options that will help to support electricity operators to recover bad debt in network costs. In a typical electricity fixed-price contract, distribution network charges are wrapped into the overall contract pricing...
UK BUSINESS RATES REVIEW TO ALIGN WITH NET ZERO CARBON TARGET
The UK government has issued a consultation looking at fundamental review of business rates by HM Treasury, the terms of reference for which were published at the Spring Budget. The consultation acts as a call for evidence to seek views on: How the business rates...
PRIME MINISTER UNVEILS £750M TO FUND SUSTAINABLE HEAVY INDUSTRY AND AVIATION
Following the Summer Budget Announcements, in which £3bn was pledged toward domestic energy efficiency schemes, Boris Johnson has used his first anniversary in office to unveil £350m funding for the development of technologies including Carbon Capture and Storage...
CARBON EMISSIONS TAX CONSULTATION: REPLACING THE EU ETS
Tackling climate change is one of the defining challenges at this time and the is positioning itself as an international leader in that fight. Reaching net zero by 2050 will require the UK to go much further than the progress made between 1990 and 2018, when the UK...
MAJOR FAILINGS PUT ENGLAND AT RISK OF RUNNING OUT OF WATER!
A new report from the Public Accounts Committee, as part of its inquiry into the UK’s water sector and infrastructure, has issued a stark warning that England is at serious risk of running out of water within 20 years due to the failure to tackle leakage and embrace a...
CHANCELLOR UNVEILS £3BN INVESTMENT IN THE GREEN ECONOMY
The Summer Statement was announced by the Chancellor Rishi Sunak which included a £3bn package to stimulate the UK's green economy as the country recovers from the Covid-19 pandemic which has severely damaged the UK and global economies. Recovery from the pandemic is...
PRIME MINISTER’S STRATEGY TO REBUILD BRITAIN LACKS ENVIRONMENTAL COMMITMENTS
Prime Minister Boris Johnson has announced a multi-billion-pound ‘New Deal for Britain’ which prioritises jobs and infrastructure growth in response to the devastating financial impact the Covid-19 pandemic, using this crisis to tackle unresolved challenges of the...
COMMITTEE ON CLIMATE CHANGE RECOVERY PLAN A ONCE-IN-A-LIFETIME OPPORTUNITY
The Committee on Climate Change (CCC) published its annual progress report on 25th June 2020 which assesses the progress made to reduce emissions over the past year. Territorial emissions have decreased by 30% since 2008 despite growth in the economy of 15%....