‘The free market is crucial to tackling climate change, not green protectionism’

A new report claims free markets are essential to tackling climate change, as they enable free-flowing information and an increase in green technology and foreign investment in the UK’s low carbon economy

‘Renewable energy means economic growth’

New research claims that the more countries invest in renewable energy, the higher their economic growth

IEA: ‘The world cannot reach net zero without investment in developing countries’

It claims that if the world is to reach net zero emissions by 2050, annual clean energy investment in developing economies must increase from $150bn to $1tn by 2030

Bank of England warned of ‘moral hazard’ risks from high-carbon bond purchases

The Environmental Audit Committee says the bank’s corporate bond purchases are currently aligned with a ‘catastrophic’ 3.5°C temperature rise by 2100

Billion-dollar natural disasters: Natural catastrophes in 2020 ‘create global economic loss of $210bn’

A new study shows six-in-ten of the costliest natural catastrophes during 2020 occurred in the US

Nearly half a million US clean energy workers unemployed as COVID continues

The 446,000 workers make up around 13% of the total clean energy workforce, according to a new analysis of federal unemployment filings

OGUK: ‘Oil and gas produced in the UK will continue to support energy security in decades to come’

That’s the suggestion from Oil and Gas UK (OGUK), which says the fossil fuels will continue to be used as part of a ‘changing and cleaner energy mix’

UK’s investments in fusion energy boosted economy by £1.4bn over last decade

A new study has found that for every £1 invested in the UK Atomic Energy Authority’s fusion research from 2009 and 2019, £4 is generated in return

Government unleashes ten point climate plan: Industry responds

The Prime Minister has set out the UK’s ten point plan to tackle climate change, deliver net zero and launch a ‘green industrial revolution’ – but what does the industry think?

The world is changing – but what does the IEA think?

Tim Gould, Head of Division, Energy Supply and Investment Outlooks at the IEA is one of the headline speakers at Xpo 2020, which is taking place at 14:00 on November 10th – sign up to his webinar here