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The Treasury should set in stone a new fiscal rule for an annually-increasing carbon price in the UK, argues SSE chief executive Alistair Phillips-Davies. Ahead of COP26 in Glasgow I think it's imperative the Treasury installs a new fiscal rule: the need for an annually increasing carbon price.
Research body argues government must fix 'uneven' decarbonisation policies that continue to drive customers towards high carbon activities. The COP presidency provides us with a unique position, an opportunity, to move the debate forward and to accelerate global progress," he said.
The first few days of COP have ushered in a wave of major announcements and funding pledges. In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs. Happy Monday! And happy COPing to those on the ground in Dubai!
They are choking our planet, based on their vested interests and historic investments in fossil fuels, when cheaper, renewable solutions provide green jobs, energy security, and greater price stability. Inflation is rising, and the war in Ukraine is causing food and energy prices to skyrocket.
In deals, $900m for pulsed magnetic inertial fusion, $100m for energy efficiency as a service, and $70m for AI precision weed control. By 2030, it aims to produce 75,000 to 100,000 tons of Lithium Carbonate Equivalent (LCE), the refined product used in batteries, enough to power 1m EVs.
What is carbon accounting? Carbon accounting – also known as a carbon or greenhouse gas inventory – is the process of measuring the amount of carbon dioxide, or other greenhouse gases (GHG), an organization emits. Carbon accounting is a must for any becoming business today.
About 200 countries are presently convened for the United Nations Climate Change Conference COP 25 in Madrid. The Conference of the Parties to the UN Convention on Climate Change (COP) is tasked with making sure the agreements under the Paris Climate Accord are met. Over the past decade, consumption of renewable power in the U.S.
Amid all the chaos, we almost forgot it’s COP this week.) In other news, Elon Musk's potential influence on environmental policy; clean energy stocks fell after the election news; and climate policy momentum in local and state elections. Image via Power Brief. ⚡ Clean firm power : neutral to positive.
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