Greener imports: Environmental Audit Committee calls for ‘coordinated’ carbon border tariff approach

The UK’s current approach to carbon pricing is centred on the UK Emissions Trading Scheme, a cap-and-trade scheme which sets an overall limit on the total level of greenhouse gas emissions that can be generated from certain energy intensive industries, electricity generation, and aviation. Dunne stressed it was time for the UK to take more […]

Carbon Capture and Storage industry debuts new delivery plan | BusinessGreen News

The government has said it intends to support at least two world-leading Net Zero Industrial Hubs in the UK, which will bring together carbon capture and hydrogen technologies to help decarbonise industrial sites. Projects on the east coast and the north west have been selected for support, while the Scottish government has stepped in to […]

IEA calls for lower speed limits, car-free Sundays, and public transport incentives to slash oil demand

A number of the recommendations have implications for businesses. The group has recommended that where possible employees should work from home for up to three days a week, minimise business travel, and replace plane travel with high-speed trains. Speaking at a news conference, Birol warned the impacts of Russia’s invasion of Ukraine would be felt […]

National Highways vows to make controversial Lower Thames Crossing UK’s ‘greenest road …

But National Highways, which plans to submit an application for a Development Consent Order for the crossing later this year, stressed that it had managed to slash the predicted construction emissions of Lower Thames Crossing by a third thanks to careful route and structure design and plans to scale up the use of zero carbon […]

Carbonplace: UBS, Standard Chartered, and BNP Paribas join CO2 offset trading platform …

Banks leading the initiative claim the platform will help to boost transparency by providing a book of record for the ownership of carbon credits, allowing owners of such credits to clearly demonstrate possession to the market, thereby reducing the risks of double counting and simplifying reporting. As such, several organisations are now working to develop […]

Sky Sports News celebrates carbon neutral status – Business Green

“We’re delighted that Sky Sports News is now a carbon neutral channel and has received certification from albert,” said Jonathan Licht, Managing Director at Sky Sports. “Climate change is one of the biggest threats facing society today and we have unfortunately witnessed how flooding and unseasonable weather patterns have lately devastated infrastructure across the world,” […]

‘Growing pains’: BNEF warns carbon offset market faces uncertain long term outlook …

Demand for carbon offset credits is set to soar in the coming decades as companies look to deliver on their net zero targets and governments seek to encourage investment in natural carbon sinks and negative emission technologies. Prices of carbon offsets have ticked upwards over the past year, as corporates have sought to snap up […]