The stark conclusions of the latest UN climate change report summarising the most recent scientific research drew attention to the effects of global warming already under way across the lifespan of three generations. A key graphic shows how the average global temperature has risen across the generations born in 1950, 1980 and 2020. Encapsulating the…
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Brussels has agreed to exempt cars which run on certain types of fuel from the EU’s new law which will ban the sale of combustion engines from 2035, after Germany threatened to block it. Frans Timmermans, the EU’s climate commissioner, tweeted on Saturday that the European Commission had “found an agreement” with Berlin over the…
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There are precious few sectors in which the UK has an advantage nowadays. Carbon capture and storage — unpopular though it may be — is one of them. The country should avoid blunting this competitive edge. Despite having one-third of all the potential carbon storage capacity in Europe, according to a government-commissioned report, the UK’s…
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This article is an on-site version of our Energy Source newsletter. Sign up here to get the newsletter sent straight to your inbox every Tuesday and Thursday Hello and welcome back to Energy Source. On Tuesday we highlighted Xi Jinping’s visit with Vladimir Putin in Moscow as a key moment in the country’s energy ties, and…
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About 15 years ago, travelling along an eight-lane highway in Alabama surrounded by SUVs and trucks, I thought: we aren’t going to stop climate change. At least back then the problem was mostly an American one. Now huge cars have gone global. SUVs last year accounted for a record 46 per cent of the world’s…
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At the annual gathering of Europe’s solar power lobby in Brussels this month, industry executives celebrated the rapid rollout of panels across the region after the retreat from Russian gas. Standing behind a DJ deck, Walburga Hemetsberger, SolarPower Europe’s chief executive, said that the night should be “the best party ever”, adding that the European…
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Rules announced in Brussels aimed at preventing greenwashing have been attacked by consumer and environmental groups for being watered down to such an extent that they are now “too vague” to have an impact. The European Commission has said that companies using unsubstantiated environmental claims to market their products could be sanctioned with penalties amounting…
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US Treasury secretary Janet Yellen and allies in Germany are pushing for a “binding schedule for reform” of the World Bank as early as April, as the lender comes under sustained pressure for failing to adequately address climate change. German development minister Svenja Schulze, who also acts as the country’s governor to the World Bank,…
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This article is an on-site version of our Moral Money newsletter. Sign up here to get the newsletter sent straight to your inbox. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the FT Thousands of start-ups were given a historic leg-up by President Joe Biden’s Inflation Reduction…
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The US’s top environmental enforcer vowed that no oil and gas systems would be “getting out of jail free” as the Biden administration strengthens a clampdown on methane pollution despite pushback from energy companies and Republican allies in Congress. The Biden administration has made curbs on leaks of methane — the main component of natural…
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