Nearly 140 nations ‘could go 100% green by 2050’

A total of 139 countries could be powered entirely by wind, water and sunlight by 2050. That’s according to a team of researchers from Stanford University, who say this would reduce energy consumption due to the higher efficiency of renewables compared to fossil fuels, provide a net increase of 24 million jobs and slash air […]

UK’s low carbon economy worth £43.1bn in 2015

The UK’s low carbon and renewable energy economy (LCRE) generated £43.1 billion in 2015. That’s according to a new report from the Office for National Statistics (ONS), which says this was up on the year before and accounted for 1.3% of total UK non-financial turnover. The energy efficient products sector generated £13.9 billion alone, more than […]

EU low carbon sector employs nine million people

Around nine million people work in the EU’s low carbon sector. The number is expected to be doubled by 2030, said Maroš Šefčovič, Vice President of the EU Commission at the Hannover Messe 2016 in Germany. He described the current transition to a low carbon economy as an “industrial revolution” which can represent a “goldmine for […]

Wobble in store for Swiss energy security?

Switzerland’s energy security could be at risk if it doesn’t bring in strong policies to counteract cutting out nuclear power. That’s according to a review of the country’s energy policies by the International Energy Agency published yesterday. The country’s swathe of electricity market reforms are seeking to cut greenhouse gas emissions by a fifth by […]

Can the UK afford a low carbon economy?

Charles Hendry discusses the cost of the low carbon economy Other Hendry stories: UK renewables receive over £1.1bn in support in last two years Welsh biomass plant gets the nod Business not convinced by low carbon future UK Businesses call for major investment amid energy worries

UK sends first green trade delegation to US

Climate Change Minister Greg Barker will today lead the UK’s first green trade mission to the US. Wind turbine installers, a brewery and an insurance company will be among six companies joining Mr Barker on the five day trip, which will visit Washington, Philadelphia, Charlotte in North Carolina and Columbia in South Carolina. Mr Barker […]

Will it be the greenest Budget ever?

By this afternoon we will know if the coalition is going to financially deliver on its pledge to be the “greenest government ever”. In delivering his Budget, George Osborne will today break his silence on the Green Investment Bank. The Chancellor has given little away in recent months about the bank, to which he pledged […]

Business leaders demand green Budget

An influential businesses group today urged Chancellor George Osborne to set out a comprehensive green growth strategy in next month’s Budget. This, argues the Aldersgate Group, would help reduce the budget deficit and drive a dynamic economic recovery by increasing output and creating jobs. The group includes bosses from Pepsi, The Co-operative Group, Merrill Lynch […]

Ofgem overhauls regulation to kick start low carbon drive

Energy regulator Ofgem is to overhaul its regime in a bid to kick-start innovation in low carbon technology. Ofgem estimates that £200bn is needed over the next decade to deliver secure sustainable energy supplies. However, the regulator says the cost of delivering all of the £200bn could see energy bills rise by between 14% and […]

Osborne to lead “reform of the energy market” to target £200bn

The UK Chancellor George Osborne has vowed to speed up plans for a green investment bank. In the only mention of energy-related issues, the chancellor, in his Budget speech on Tuesday, vowed to accelerate proposals for the bank, which has been long-called for by many in the energy industry. However, the official documents of the […]