UK extends energy windfall tax

Chancellor Jeremy Hunt has announced the extension of the Energy Profits Levy on profits from North Sea oil and gas firms for an additional year until 2029

Nearly 28% of UK businesses feel exposed to climate change

Almost 43% of UK business transformation projects are currently driven by net zero objectives, according to a new report

UK businesses expect price hikes amid rising energy costs

Almost a quarter of UK businesses considering government energy support as essential for survival, according to a new survey

Decarbonisation rate ‘falls dangerously short of 1.5°C target’

Experts have emphasised the urgent necessity for an annual decarbonisation rate of 17.2%, a rate seven times greater than the previous year (2.5%)

Bulb Co-Founder’s battery venture secures £200m

Field, led by Bulb Energy’s Co-Founder Amit Gudka, has secured a £200 million investment from DIF Capital Partners to accelerate its battery energy storage projects

Failed supplier’s bosses and bp to get £10m each from surplus

Pure Planet’s parent company have reportedly a surplus of £43 million

‘CEOs rewarded for easy carbon targets’

A study alleges that some of Europe’s top companies are handing out full bonuses for insignificant climate progress

Manufacturers believe ‘seismic energy price increases show no signs of abating’

Nearly 70% of businesses expect their energy costs to increase this year, according to a new survey

Green jobs ‘growing four times faster than rest of UK’s labour market’

One-in-five of all green jobs are located in London, according to a new report

Accounting giant to ‘shut offices for two weeks to reduce energy costs’

Reports claim that PwC will close most of its 19 UK offices in a bid to cut energy consumption