Some $30bn (£24.2bn) of investment in new UK energy projects is at risk if Labour wins the next election, a top energy consultancy has warned. Consultancy giant Wood Mackenzie believed the growing expectation of a Labour government – which has pledged to ban new North Sea oil and gas developments …
Read More »UK is Largest Foreign Investor in Azerbaijan with $34 Billion
The UK has invested $34 billion in Azerbaijan’s economy, Minister of Energy of Azerbaijan Parviz Shahbazov said during the meeting with British Prime Minister’s Trade Envoy for Azerbaijan, Baroness Emma Nicholson, Trend reports. According to him, issues of switching to “clean” energy were discussed during the meeting. “We discussed issues …
Read More »Britain to Join Forces with EU to Build Energy Islands in North Sea
The UK is reportedly set to join forces with several EU nations to boost renewable energy production in the North Sea, as part of its ongoing efforts to repair relations following Brexit. According to a draft seen by Bloomberg, alongside eight EU nations including Germany and France, the UK will …
Read More »UK Turns to Big Oil in £20 Billion Carbon Capture Push
The UK selected projects from developers including BP Plc and Equinor ASA to enter into negotiations for the country’s first large-scale efforts to capture and store carbon emissions. In total, eight projects are set to receive government support to trap carbon from industrial clusters in the north of England. The …
Read More »UK and France Seal Energy Security Deal
The UK and France have signed a deal to increase energy security by shifting towards renewable and nuclear power. Energy Security Secretary Grant Shapps and France’s Energy Minister, Agnes Pannier Runacher have signed the agreement, following the two nations’ longstanding partnership on nuclear power. French company EDF is leading the …
Read More »UK Gas Exports to EU Disrupted due to Equipment Failure
An “equipment failure” has prompted the shutdown of a key UK-EU gas pipeline. Operator Interconnector Limited has confirmed that natural gas exports from the UK through Belgium to Europe have been halted due to equipment failure. The link runs from Bacton in the UK to Zeebrugge in Belgium and is …
Read More »UK Low Carbon Electricity Hit Record Highs in 2020
That’s according to official BEIS figures, which suggest wind, solar and bioenergy recorded increases ranging between 5% and 20%.
Read More »Earth Lost 28 Trillion Tonnes of Ice Between 1994 and 2017
The loss is equivalent to a 100-metre thick sheet of ice covering the whole of the UK, according to new research.
Read More »Almost 60% of Brits Look at 2021 as a Pivotal Year for Building a Greener Future
Nearly 67% of the public think the planet is in a worse shape than it has ever been and that the world needs to act within the next 12 months, according to a new study.
Read More »Could Emojis Be the Key to Tackling Climate Change
EDF thinks so – it says 40% of people believe emojis help people discuss complex issues, such as the journey towards net zero, more easily.
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