The “threat” posed to the west by Chinese EV’s and other new energy products seems to be a recurring theme at the moment. Politicians are ranting, but are caught in a classic catch 22: they need EV’s to be cheaper but the Chinese are so far ahead now in the race to make affordable EV’s. … Read More
It requires a pretty deep dig to find any green bits in the budget: some extra cash for offshore wind in the CfD auction. Nothing on home insulation, nothing on VAT for public EV charging, nothing on the Carbon Border Mechanism. A nothing budget. COMPANY NEWS bp allies with thin-film solar supplier SolivusSolivus, a pioneering … Read More
Focus is on EV charging this week. Whilst compiling it I got to wondering about whether the public charging network and charger availability is keeping up with EV ownership. I am guessing that quite a percentage of readers own an EV. My sense is that there is more competition for charger time than there was … Read More
Least surprising news of the week: Hinkley Point C nuclear project is behind schedule and over budget. Whilst UK tax payers won’t be on the hook for the cost over run, the delays do put a dent in the idea that nuclear is going to be a viable route to hitting climate targets. BlackRock commits … Read More
One aspect of doing this that I particularly like is when different stories create links with each other. An example this week is the announcement of the increase in auction prices for the next round of CfD auctions, which links with Octopus Energy’s announcement of a new offshore wind fund. Maybe Octopus’ timing is good … Read More
Ever get the sense that the Government giveth with one hand and taketh with the other? In a long expected but much delayed announcement last weekend DEFRA said that England and Wales would get compulsory weekly food waste collections from 2026. For the AD industry, definitely a “giveth”. COMPANY NEWS Northvolt eyes US$20bn Stockholm IPOSwedish … Read More
50,000 and counting. EV charging is not as scarce as some suggest. COMPANY NEWS Downing acquires land housing 200MW wind farmDowning LLP has acquired the land and associated lease income related to a 200MW operational onshore wind farm in the Scottish Highlands.This investment was made by Downing Sustainable Investment, a bespoke investment vehicle for UK … Read More
Our beloved Government seem to be dropping more balls than Scottish goalkeepers of the 1980’s. It has become so regular that the excuses all sound equally rediculous: “most schools won’t fall down” and “the CfD’s are enabling more projects”. Strewth. COMPANY NEWS H2 Green Steel raises €1.5b for ‘world’s first green steel plant’In the largest … Read More
We are now officially in La La Land. This week Antonio Guttieres, the UN Chief suggested that we are now entering the era of “Global Boiling”, and according to the Guardian water temperatures in the Florida Keys Ocean were recorded at 38.43C, a temperature you would expect in a hot tub. Meanwhile in an alternate … Read More
Here is a question for you: what do the following companies have in common: Deutsche Telekom, Porsche, Inditex, Currys, WPP? Answer: They all came in the top ten in this year’s FT’s Climate Leaders list, that compares emissions reductions across a number of metrics. See the whole list HERE COMPANY NEWS Musk says Tesla will … Read More
