Rishi Sunak’s Tories accepted hundreds of thousands from major donors with financial ties to the oil and gas industry.
Conservative Party received 40 percent of its donations from fossil fuel interests in the first week of the campaign
A record amount of capital raised from carbon pricing schemes
Global carbon pricing schemes raised a record $104 billion in 2023, but prices remain too low to meet Paris Agreement goals.
China’s carbon price tops RMB 100
By Jiang Mengnan China’s carbon price has topped RMB 100 (USD 13.80) for the first time. In July 2021, during the first month of the national carbon market, the price averaged about […]
Eco-friendly and cost-effective: Harnessing energy audits for business success
Energy audits are vital for businesses aiming for sustainability, cost reduction, and environmental stewardship. Registered auditors offer expertise, cost savings, and compliance.
Europe’s largest banks are speeding up the climate and biodiversity crisis – Greenpeace
A coalition of green groups, including Greenpeace, found that European banks have invested €256 billion in climate and nature-destructive projects since 2015. European Union’s role is deemed hypocritical. Urgent action is required to halt ecosystem destruction.
Despite global uncertainty, 2023 was a record year for wind power in Europe
In 2023, European wind power investments soared to €30 billion, installing 16.2 GW capacity, advancing towards EU clean energy targets.
Book review: A grand survey of climate hope
Journalist Akshat Rathi’s new book, Climate Capitalism, looks at how businesses are embracing climate-positive practices, providing extensive insights and plenty of optimism, but missing out on developing countries and important details.
Analysis: New coal mines add question mark to India’s climate commitments
Along with a major expansion of renewable energy, India is also pushing for big increases in its coal production, casting doubt on its climate commitments.
The global wind industry is not out of trouble yet
The global wind power industry faced challenges in 2023, with leading companies like Siemens Energy, Orsted, and Vestas projecting ongoing struggles due to project delays, equipment issues, and inflation. Rising costs and the need for sector reform further complicate the industry’s outlook for 2024.
Financial boost to green steel plant in Sweden
H2 Green Steel, a Swedish company, secures €4.75 billion for the world’s first large-scale green steel plant using green hydrogen, emitting 95% less CO2 emissions. Operations to start in 2025.
A greener life, a greener world 