Renewables ‘secure 44% share of UK energy mix’ in second quarter of 2020

This is the second-highest share ever recorded in the published data, according to a BEIS report

New Jersey adopts environmental justice law to protect minority communities

The legislation requires the New Jersey Department of Environmental Protection to evaluate the environmental and public health impacts of certain facilities, including fossil fuel plants, on overburdened communities

Coronavirus pandemic ‘drives fracking bankruptcies across US’

The report states: “The latest results confirm that fracking continues to be a high-risk enterprise with a poor track record, weak financial fundamentals and an unproven, speculative business model”

Almost 80% of Europe’s electricity could be ‘fossil fuel-free by 2030’

The share of renewables in the generation mix gained almost 10% points in one year, according to Eurelectric

MEPs back higher emissions reduction target of 60% by 2030

It is an upgrade from the Commission’s emissions reduction proposal of ‘at least 50% towards 55%’ over the next decade

UK Government to review offshore oil and gas licensing regime

The review looks to ensure the government has the necessary information to plan for continued oil and gas production in a manner ‘aligned with tackling climate change’

Around 80% of Scottish oil workers ‘considering career impacts of climate change’

New research from industry body Scottish Renewables suggests 77% of oil and gas employees are positive about retraining to join the renewable sector

Floating solar plant as big as 45 football pitches begins construction in Singapore

The project will power national water agency PUB’s water treatment plants

Sweden moves one step closer to green steel

Energy firm Vattenfall, steel company SSAB and mining group LKAB are working on a project which aims to deliver the ‘world’s first’ fossil-free iron ore pellets

Is the market gaslighting end users?

While carbon remains a feature of structural issues in the market, with a myriad of issues gas returns to support bullish sentiment.