Monday, January 20, 2020

Germany will pay billions to speed up coal-fired power plant shutdowns

In fight against climate crisis, operators will be compensated for early switch-offsGermany will pay its utility companies billions of euros to speed up...

BlackRock gets praise for coal divestment. What it really needs is regulation | Ann...

Let’s not beat about the bushfires. It’s not the impacts of climate breakdown on our ecosystems or the world’s poorest in the global...

Collapsed: but threats to pick up the bills from these energy companies continue

Your article “Pay Up or Else” reported that customers of the defunct Extra Energy are being threatened over unsubstantiated final bills. I have...

Total to move financial hub from London to Paris after Brexit

The French oil company Total plans to pull its cash out of the UK after Brexit and return its financial hub to Paris...

BlackRock says climate crisis will now guide its investments

BlackRock, the world’s largest fund manager, has announced it will now put sustainability at the heart of its investment decisions. In his closely watched...

My pre-pay electricity meter with Scottish Power ran up £1,200 bill

I recently moved out of a property that I rented for more than three years where Scottish Power was supplying my electricity via...

Universities divesting from fossil fuels have made history, but the fight isn't over |...

Today the student movement made history by announcing that more than half of UK universities have committed to divest from fossil fuel companies....

Energy bills: switch now to save more than £300

If your bank balance is suffering the post-Christmas blues and you have not switched gas and electricity tariff recently, there is an easy...

BP's plan for $625m deal with Premier Oil faces challenge

BP’s plan to offload its stakes in some of the North Sea’s older oil and gasfields in a $625m (£477m) deal with Premier...

Renewables beat fossil fuels on 137 days in greenest year for UK energy

Energy produced by the UK’s renewable sector outpaced fossil fuel plants on a record 137 days in 2019 to help the country’s energy...

Oil prices top $70 a barrel amid fears over Suleimani retaliation

Oil prices have climbed above $70 a barrel for the first time in eight months amid fears that the US air strike which...

Goldman Sachs agreed to stop funding Arctic drilling. Will other banks join them? |...

Last fall, I traveled more than 4,000 miles from my home in Alaska to meet with major banks and urge them to help...

Three UK electricity companies to pay £10.5m over blackout

Three electricity companies have agreed to pay a total of £10.5m in fines following an investigation by Britain’s energy regulator into a major blackout...

Three energy firms to pay £10.5m for failings over August blackout

Three energy companies will pay £10.5m for their failures to prevent a power cut after a lightning strike last summer that left more...

Royal Dutch Shell may fail to reach green energy targets

Royal Dutch Shell is at risk of falling short on plans to invest up to $6bn (£4.6bn) in green energy projects between 2016...

From JD Sports to Games Workshop: best market performers of decade

In the first part of the 2010s, when the billionaire Mike Ashley and his retail creation Sports Direct appeared to be knocking out...

Zero-carbon energy outstrips fossil fuels in Britain across 2019

Zero-carbon energy became Britain’s largest electricity source in 2019, delivering nearly half the country’s power and outstripping fossil fuels for the first time. Following...

UK hit historic renewable power milestone in 2019

The UK reached a clean energy milestone in 2019, generating more of its energy from zero carbon sources than fossil fuels for the...

Firms must justify investment in fossil fuels, warns Carney

The outgoing governor of the Bank of England, Mark Carney, has said all companies and financial institutions must justify their continued investment in...

Will the lights go out on Sark this Christmas?

One of the shops on Sark’s “Avenue” (picture taken by FT Alphaville in January 2019) Sark, the island in the English Channel where the very...

FTSE leaves coal and oil firms and G4S on ethical investment list

FTSE4Good is ‘rewarding the most harmful activities in the corporate world’ – ShareActionSome of the world’s biggest fossil fuel companies, including Russia’s state...

US rules out any talk of a climate crisis in trade negotiations

The US has banned mention of the climate crisis in trade talks with the UK, an analysis of leaked documents has revealed. In negotiating...

Fossil fuels fall to record low proportion of UK energy mix

The proportion of the UK’s power generation mix made up by fossil fuels has fallen to a record low after renewable energy became...

Energy switches reach record highs 

What does this chart show?That the number of customers who have switched gas and electricity suppliers has reached record highs in the past...

Ofgem to cut UK energy firms' returns to keep household bills down

The energy regulator has warned British energy firms it will cut their returns in a push to keep a cap on household electricity...

Ofgem to limit investor returns from electricity network companies

Britain’s energy market watchdog has promised to crack down on returns the owners of local electricity network companies will be allowed to make...

Converting coal plants to biomass could fuel climate crisis, scientists warn

Plans to shift Europe’s coal plants to burning wood pellets instead could accelerate rather than combat the climate crisis and lay waste to...

Climate crisis leaves us with real choices to make | Letters

Joyce Quin is right to draw attention to the links between trade agreements and responding to the climate crisis (Letters, 7 December). But...

Saudi Aramco touches $2tn in value on second day of trading

Saudi Aramco has touched a market value of $2tn, the day after the Saudi state-backed oil company made its stock market debut. The shares...