Day: 30 March 2015

New GIB fund unveils first investment in AD

Green Investment Bank fund manager Foresight has announced a £4m investment in a farm-based anaerobic digestion (AD) plant at Old Quarrington, Durham.

Carbon capture: Planet saver or dangerous distraction?

A flurry of carbon capture and storage (CCS)-related announcements was capped on Monday with news that the UK Government will spend £4m to investigate the feasibility of building the UK's first CCS plant. But is this the right avenue to go down?

Shell cynically blocking action on climate change, says ex-diplomat

Shell and its oil and gas peers are narcissistic, paranoid and psychopathic, and engaged in a cynical attempt to block action on global warming, according to the UK's former climate change envoy.

Lloyds Bank bets big on renewables

Britain's fourth-largest bank, Lloyds, has released its 2014 Responsible Business Review, revealing a revamped commitment to renewable energy and energy efficiency but increases in water consumption.

Political consensus: EU membership crucial for UK’s voice on climate change

An exit from the European Union (EU) would seriously impact the UK's energy security and hamper future cleantec investment, members of four of the main political parties have unanimously agreed.

Biofuels vital to UK decarbonisation, finds report

The UK transport industry must embrace biofuels if it is to meet EU decarbonisation targets, a Government-backed report has claimed.

£4.2m investment powers development of UK’s first CCS plant

The Scottish and UK Governments have announced a £4.2m investment in industrial research and feasibility studies for a 570MW Carbon Capture and Storage (CCS) plant in Scotland.

Government knocks £1500 off cost of electric motorbikes

The Government could subsidise up to £1,500 of the cost of electric motorbikes and scooters as part of a plan to bring electric vehicles into the mainstream.

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