The UK government believes carbon capture, utilization and storage (CCUS) has an essential role to play to meet the net zero target, and expects to have the option to deploy CCUS at scale during the 2030s, subject to costs coming down sufficiently.(1 pound=1.27 U.S. dollars)...
The UK is currently off track to meet its 2030 Net Zero target, with increases in the share of electric cars, ramping up of wind installation and heat pumps potentially putting the country back on course, UK Climate Change Committee (CCC) said. Only a third of the emissions reductions ...
19 November 2024 | Net zero ERM report says it could make a significant contribution towards UK's net zero target Energy Developing the offshore wind market 19 November 2024 | Energy transition, Technology, UK Panellists taking part in Environmental Analyst’s recent webinar, Developing the...
Lord Hollick, Chair of the Committee, said the government 'haven't got a clue' how the UK would reach net zero by 2050, and how it would be paid for. “We now need urgent action from the government to answer outstanding questions on issues, such as how they will incentivise households...
The target of net-zero emissions has since been enshrined in UK legislation, meaning that GGR will likely be part of the UK's climate strategy. Plans for GGR deployment will therefore need to be set in motion in the short-term, in order to align with the timeframe proposed by the CCC....
According to the UK Government, over the past decade, the UK has cut carbon emissions by more than any similar developed country and was the first major economy to legislate for net-zero emissions by 2050. “We have proven we can reduce our emissions and create hundreds of thousands of jobs...
Commenting on what businesses need from government to enable the net zero transition Dr Celine Herweijer, partner at PwC UK and Global Climate Change Leader at PwC, said: “Achieving net zero will require companies across all sectors to transform, drive innovation and grow wh...
“Since 2015 the Conservative Government has systematically dismantled the policy frameworks designed to tackle climate change.” Writing inThe Guardian, Green Party MP Caroline Lucas said that while setting a target for net-zero emissions is “vital” the government’s plans are “too little too la...
A host should set the tone for a gathering. And so, as delegates descended on Glasgow for the COP26 summit last November, the UK government announced that the country would become “the world’s first net zero-aligned financial centre”. Listed companies and big asset managers would be requi...
The UK’s new net zero strategy will fail to cut greenhouse gas emissions enough to hit its own legally enforceable targets, the government has admitted, with environmental analysts and politicians criticising the plans unveiled on Thursday as incoherent. Ministers were forced to publish a raft of ...