New report finds conflicts b/t UK net zero commitment and North Sea oil licensing
Recent research shows that the UK's goal to reach net zero by 2050 is at odds with a new licensing round for North Sea oil and gas| Project Net Zero
COP27 is complete. Some analysts are praising a new loss and damage union between rich and poor, but big issues remain on fossil fuels. Loss and damage The key achievement from COP27 has been, writes EDIE, a loss and damage finance mechanism in 2023, and for the responsibility of the mechanism to sit with the […] The post How will COP27 influence UK climate policy? appeared first on Project Net Zero.| Project Net Zero
Some of the world’s largest corporations and civil society organisations have reaffirmed their commitment to limit global temperature rise to 1.5°C, and have called on governments to strengthen their commitments and plans. “All in” to deliver Paris Agreement Over 200 businesses, leaders and civil society voices signed a declaration stating that they are “all in” […] The post COP27: 200+ business and civil society voices pledge urgent support for 1.5C appeared first on Project Net...| Project Net Zero
Private companies can have their say on a new, best-practice blueprint for climate transition plans, published this week. A new Disclosure Framework and accompanying Implementation Guidance are the work of the UK Transition Plan Taskforce (TPT), announced at COP26 by the UK Chancellor to develop the gold standard for private sector climate transition plans. The […] The post New ‘gold standard’ for corporate net zero transition plans launched appeared first on Project Net Zero.| Project Net Zero
A new report from the MSCI Net-Zero Tracker reveals that over half of world’s listed companies are set to overshoot a collective carbon budget. This report, a quarterly analysis of 9,300 public companies’ climate change progress, represents the collective change of the world’s listed companies to keep climate change within 1.5 degrees Celsius, illuminating who […] The post 51% of listed public companies to exceed 2°C, says new MSCI report appeared first on Project Net Zero.| Project Net Zero
Global heating could reach a catastrophic 2.5°C by the end of the century, according to the latest analysis of climate pledges carried out by the United Nations Framework Convention on Climate Change (UNFCCC). Its newly released 2022 Nationally Determined Contributions Synthesis Report examines the climate commitments of the 193 national parties to the Paris Agreement, which […] The post UNFCCC says climate pledges remain insufficient to reach Paris Agreement appeared first on Project Net...| Project Net Zero
Nuclear fusion has been hailed as the limitless supply of green energy the planet so desperately needs – and the UK government has just announced the site of its first prototype fusion energy plant. But what is nuclear fusion, and how close are we to commercial production of nuclear fusion power? Our short guide explains. […] The post What is nuclear fusion, and is it the future of clean energy? appeared first on Project Net Zero.| Project Net Zero
The government has chosen Weston Burton A power station in Nottinghamshire as the site for the first prototype for a nuclear fusion power reactor. This will be the UK’s, and potentially the world’s, first commercial prototype, according to the BBC. While the science behind fusion reactions is still in its early stages, the potential is […] The post Is limitless clean energy within reach? Site selected for UK’s first commercial nuclear fusion reactor appeared first on Project Net Zero.| Project Net Zero
Despite the growing awareness of net zero, many UK businesses have not yet got to grips with it. An August 2022 survey of decision-makers at some of the UK’s largest companies found that over half had set net zero targets, but without necessarily having a strategy to back it up. For UK businesses of all […] The post Business reasons to engage with net zero appeared first on Project Net Zero.| Project Net Zero
Is net zero at risk under the new Conservative leadership? The government’s Net Zero Review launched this month. Ultimately, it will provide answers. Politically, it’s hard to see net zero top level targets lessening. More palatable for government might be a softening of pace on net zero, based on an argument surrounding its costs given […] The post The UK’s Net Zero Review is open. What comes next for business? appeared first on Project Net Zero.| Project Net Zero
Recent research shows that the UK's goal to reach net zero by 2050 is at odds with a new licensing round for North Sea oil and gas| Project Net Zero
