Major global firms accused of concealing their environmental impact

A $10tn (£7.9tn) investor alliance has accused more than 700 companies, including Amazon, Tesco and ExxonMobil, of failing to reveal the full extent of their impact on the climate crisis, water shortages and deforestation. The major global companies, with a combined worth ofmore than $15tn, lack transparency over their effect on the environment, according to […]

£1tn warning over UK emissions target is flawed — but it will hurt

UK chancellor Philip Hammond has come under fire for suggesting in a letter that the cost of committing to reduce UK emissions to net zero by 2050 could come to £1tn.He has been accused of spouting “innumerate nonsense” and failing to factor in the benefits of pursuing climate action. As for his worries that the bill […]

Hopes for climate progress falter with coal still king across Asia

The world’s largest sovereign wealth fund is preparing to leave fossil fuels behind. Last week, Norway’s parliament confirmed by unanimous vote that its $1tn sovereign wealth fund would dump $13bn of fossil fuel investments – and start investing billions in renewables. The move is designed to protect Norway’s state-owned investment fund from the decline in […]

The Trans Mountain pipeline is a disaster – but Trudeau can make it right | Brian Cladoosby, Leonard Forsman, Teri Gobin and Jay Julius

In February, Canada’s National Energy Board released its final report recommending approval of the Trans Mountain pipeline expansion, in spite of devastating risks to the Salish Sea and the salmon, orca and tribal nations that rely on it. On 18 June, the government of Justin Trudeau is expected to issue its final decision. The Trans […]

Mild but windy winter was greenest ever for UK energy use

Last winter was the greenest ever for the UK’s energy system after strong winds produced more renewable electricity and coal-fired power dwindled. The news came as SSE announced on Thursday that it will close its Fiddler’s Ferry coal-fired power station next year, which will leave the UK with five coal plants by 2020. SSE said […]

Onshore wind farms in UK could cut £50 a year off energy bills

Government ministers face rising calls to lift their block on onshore wind farms to help meet the UK’s ambitious climate targets while reducing home energy bills. Some of Europe’s largest energy investors have urged the government to overturn an effective ban on new onshore wind farms in England, warning that it may be stifling a […]

Revealed: Mobil sought to fight environmental regulation, documents show

Oil giant Mobil sought to make tax-exempt donations to leading universities, civic groups and arts programmes to promote the company’s interests and undermine environmental regulation, according to internal documents from the early 1990s obtained by the Guardian. The documents shine a light on the ways corporations have used their money to buy influence, amass prestige […]

EDF forecasts nuclear plant project would add £6 a year to bills

EDF Energy has for the first time indicated how much UK households could pay under its proposal to fund the construction of the Sizewell C nuclear plant through a new financing model, arguing it will add just a few pounds a year to the average bill.Julia Pyke, the company’s director of nuclear development, told the […]

Greenpeace continues anti-drilling protest on BP North Sea oil rig

Two more Greenpeace climate protesters have climbed onboard a North Sea oil rig the environmental campaign group has occupied since Sunday in a protest against increased drilling by BP. The two activists climbed on to the rig in the Cromarty Firth, north of Inverness, at about 9pm on Monday, replacing the two campaigners who first […]

Yorkshire village faces petrochemical giant in anti-fracking fight

A petrochemical company owned by Britain’s richest man is attempting to overrule a Yorkshire council to drill a shale gas well next to a sheltered housing development. Residents in Woodsetts, Rotherham, have crowdfunded £10,000 to pay a lawyer to help them oppose the application by Ineos to carry out test core drilling on a field […]

Lights out: the price hikes leaving millions of South Africans in the dark | Kimon de Greef

Electricity, when it arrived in Nosisi Rasmeni’s life, seemed to promise a better future. Like most black South Africans who grew up during apartheid, she was raised with gas stoves, candles and paraffin heaters. Her family’s shack was poorly lit and smelled of fumes. “Electricity was only for whites,” says Rasmeni, 37. This changed when […]

Scottish Power to build vast battery to improve wind energy supply

Scottish Power is to undertake the most ambitious battery power project in Europe in an attempt to unlock the potential of the UK’s wind and solar farms. The company will connect an industrial-scale battery to the Whitelee onshore windfarm early next year to capture more power from its 214 turbines. The first major onshore wind […]

Government 'funding fossil fuel-burning plants abroad'

The government has been taken to task by its own MPs for sending billions of pounds overseas to help build power plants that burn fossil fuels while claiming a climate victory on home soil. The environmental audit committee said the UK is sabotaging its climate credentials by paying out “unacceptably high” fossil fuel subsidies to […]

Ex-BP boss John Browne: ‘It’s going to take a long time to take oil and coal out of the energy system’

Before standing down in 2007, John Browne was CEO of BP for 12 years. In 2015, he returned to the global oil business as executive chairman of L1 Energy. Since leaving BP, he has written five books; in the latest, he argues that engineers will save humanity from the threats such as disease, artificial intelligence […]

Home solar panel installations fall by 94% as subsidies cut

The Labour party has accused the government of “actively dismantling” the UK’s solar power industry after new installations collapsed by 94% last month. Rebecca Long-Bailey, the shadow business secretary, used prime minister’s questions to challenge the government’s record on climate action after scrapping subsidies for domestic solar panels from April. Standing in for Jeremy Corbyn, […]

Ineos to invest £1.6bn in building Saudi Arabia chemical plants

Ineos, owned by the UK’s richest person, Sir Jim Ratcliffe, will invest $2bn (£1.6bn) in Saudi Arabia for the construction of three chemical plants. It is the energy and chemical firm’s first investment in the oil-rich kingdom, which has been criticised over the murder of journalist Jamal Khashoggi and other human rights abuses. The three […]

US launches large-scale project to store renewable energy

A pioneering $1bn project for large-scale storage of energy from wind and solar power has been launched in Utah, offering a way to manage the variability of renewable generation.A consortium including Mitsubishi Hitachi Power Systems of Japan on Thursday announced a plan to use a huge salt cavern to store hydrogen or compressed air, which […]

Nationalisation shock for UK’s energy network groups

They own vital infrastructure that delivers electricity and gas to the UK’s homes and businesses, yet energy network companies have, until now, largely avoided the public and political spotlight. That changed this month after the opposition Labour Party dragged companies such as National Grid, Cadent, UK Power Networks, Northern Powergrid and SSE centrestage by detailing plans […]

Ofgem cuts investor returns on UK energy networks

Britain’s energy watchdog has cut the returns energy networks such as National Grid are allowed to make following fierce criticism of the monopolies that own the pipes and cables that transport gas and electricity around the country.Ofgem — which sets the maximum amount of revenue that network companies can recover from users — plans to […]

Record £44m fine for Cadent after residents had no gas for months

The UK’s leading gas distributor has received a record £44m penalty from the energy regulator for leaving residents of tower blocks without gas for up to five months. Cadent, which pipes gas into 11 million homes and businesses, left customers without supplies for an average of 19 days, Ofgem said. Thousands of customers were affected […]

UK gas distribution group Cadent to pay £44m over past failings

Cadent, the UK’s leading gas distribution network, is to be hit with £44m in additional costs for a litany of “past failures” including leaving residents in blocks of flats without gas and neglecting to keep proper records, Ofgem, the country’s energy watchdog said on Wednesday.The company, which pipes gas to around 11m homes and businesses […]