Jim Ratcliffe stated that excessive taxation risks damaging domestic industry, emphasizing the need for a pragmatic approach to energy policy that balances affordability with environmental goals.
The Labour peer Julie Elliott said the north must be front and centre of the Treasury's growth strategy for clean energy. Analysis published by the business group Northern Powerhouse Partnership shows net zero accounts for a higher share of regional output in the north of England than it does across Britain, and the north accounts for just over a fifth of the country's net zero output.
Sir Keir Starmer is preparing to push Britain into significantly stricter net zero commitments as part of negotiations to rejoin the EU's internal electricity market, a move that has triggered accusations from critics that the government is surrendering control over UK energy policy.
An Essex couple have become the first people in the country to trial a scheme that sees them heat their home using a data centre in their garden shed. Terrence and Lesley Bridges have seen their energy bills drop dramatically, from 375 a month down to as low as 40, since they swapped their gas boiler for a HeatHub a small data centre containing more than 500 computers. Data centres are banks of computers which carry out digital tasks.
Kemi Badenoch has committed the party to repealing the Climate Change Act and abandoning the commitment to reach net zero by 2050, arguing that the target threatens to bankrupt Britain. The repeal of the act would remove the need to meet carbon budgets ceilings, set for five-year periods, on the amount of greenhouse gas that can be emitted and disband the Climate Change Committee – a watchdog that advises on how policies affect the UK's carbon footprint.
The prime minister will attend the Cop30 climate summit in Belem, Brazil, next month, because net zero is the economic opportunity of the 21st century, one that has the potential to reignite our industrial heartlands, create good jobs for the future, and lower bills in the long term. That's why we're restoring the UK as a global leader on climate action and green growth. And you can expect to see the PM driving forward that agenda at the summit next month.
the government's drive to deliver clean power is "the best way" to bring down energy costs, amid calls from opposition parties to scrap green levies. The energy secretary told an industry conference the UK's dependence on fossil fuels was its "Achilles heel" and argued clean power was the only way to reduce bills. The UK government is aiming for clean power to meet 95% of electricity demand by 2030, and Miliband has pledged to lower average bills by 300 by that date.
Artificial intelligence is emerging as a key driver of growth in the UK's climate tech start-up ecosystem, with AI-related ventures attracting record levels of funding even as broader climate investment stalls, according to new research by Sustainable Ventures. The study, titled "Advancing AI's Potential for Climate Innovation", draws on data from 3,345 high-growth UK climate tech start-ups compiled by Beauhurst and includes qualitative insights from founders, investors and academics.
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"We think it is really important to incorporate climate and incorporate sustainability into the portfolio when we take a long-term perspective and as a long-horizon investor," he said.
