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The UK aims to embed durable carbon‑dioxide removal (CDR) credits into its Emissions Trading Scheme by 2029, relying on a Carbon Contract for Difference (CCfD) to bridge the cost gap with allowance prices. Denmark’s earlier CDR tender collapsed when cost reductions lagged and storage access proved scarce, leaving most bidders to withdraw. The analysis warns that without accelerated technological learning and coordinated transport‑storage infrastructure, the UK’s CCfD could become a costly, long‑term subsidy. Aligning policy ambition with technical readiness is essential for meeting the 2050 net‑zero target.
Agratas has secured £380 million of UK government funding for its planned gigafactory in Somerset, part of a broader £470 million package aimed at decarbonising road transport. The investment will fund the construction of an EV battery cell plant designed to supply...
The European Commission has announced the Carbon Border Adjustment Mechanism (CBAM) certificate price for the first quarter of 2026 at €75.36 per tonne of CO₂. Importers of carbon‑intensive products into the EU will be required to purchase these certificates starting...
National Savings and Investments re‑launched its Green Savings Bonds this week, offering a higher fixed annual equivalent rate of 3.82% over a three‑year term. The bonds, which fund renewable, clean‑technology and now nuclear projects, require a minimum £100 investment and...
Britain’s solar farms generated a record‑breaking 14.4 GW of electricity during a single half‑hour period, marking the highest output ever recorded in the UK. The milestone was achieved on two consecutive days following unusually sunny weather after the Easter weekend. The...
ITM Power secured £86.5 million from the UK government and Great British Energy to expand its Sheffield electrolyser factory, targeting a 1 GW production capacity. The investment will add a new production line and create over 400 jobs, positioning the site as...
The Society of Motor Manufacturers and Traders (SMMT) estimates the UK automotive supply chain could generate £4.6 billion of domestic manufacturing value by 2030. This upside is driven by accelerating electric‑vehicle adoption, which is expected to boost demand for British‑made batteries,...
Renewable energy expansion in Wales, especially new wind farms and high‑voltage pylons, has become a flashpoint ahead of the Senedd election on 7 May. Environmental groups and local communities in rural areas are voicing strong opposition, fearing visual impact, land‑use...
More than 30 investors overseeing $1.8 trillion in assets issued a joint statement urging freight and logistics firms to treat road‑fleet air pollution as a material business risk. The investors demand immediate strategies to cut emissions, highlighting the financial exposure tied...
The Pesticide Action Network (PAN) has called on the UK government to ban glyphosate, the active ingredient in Roundup, citing mounting health and environmental concerns. Usage of the herbicide on British farms has surged by roughly 1,000% over the past...
The latest analysis shows that Britain’s expanding wind and solar capacity is cushioning the domestic market from the fossil‑fuel price spikes triggered by the recent US‑Israel‑Iran conflict. Renewable generation now accounts for roughly 45% of the UK’s electricity mix, delivering...
Defra announced that the Environment Agency will serve as the single point of contact for environmental approvals on the Sizewell C nuclear power plant and the Lighthouse Green Fuels SAF refinery, aiming to speed up planning and cut costs while maintaining standards. Sizewell C,...
Reform UK’s deputy leader Richard Tice announced a four‑point energy plan that would approve all pending North Sea oil and gas licences, abolish the windfall tax on energy firms, revive on‑shore shale fracking and scrap the UK’s net‑zero targets. The party...
The UK government has approved the Springwell Solar Farm, an 800 MW photovoltaic project in Lincolnshire, positioning it as the nation’s largest solar development. The scheme will be built in phases and is slated to reach full capacity before the end...
In March 2024 Danone announced a $1.15 billion acquisition of Huel, the UK‑based plant‑based complete‑nutrition brand. The deal bolsters Danone’s push into the fast‑growing “complete nutrition” segment and adds Huel’s subscription‑driven revenue stream to its portfolio. Danone highlighted Huel’s strong sustainability...
