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Susanna Twidale

FILE PHOTO: A survey vessel sails past wind turbines at the Burbo Bank offshore wind farm near New Brighton, Britain, January 23, 2023. REUTERS/Phil Noble/FILE PHOTO
AnalysisBusinessClimateEconomyElectricityEmissionsLegislationNewsPoliticsRegulationsReportsSolarWind

Analysis-Industry fears EU carbon border tax will penalise British green energy

Wind farms like this one in New Brighton could face CO2 fees from 2026 even though they don't produce emissions.

Power plant with large cloud of smoke (FREEPIK) A record $104bn was raised globally last year by charging firms for emitting CO2, but prices remain too low to drive the changes needed
BusinessClimateEmissionsFinanceLegislationNewsPolitics

Global carbon emissions pricing raised record $104 billion in 2023

A record $104bn was raised globally last year by charging firms for emitting CO2, but prices remain too low to drive the changes...

FILE PHOTO: A wind turbine is seen on the Frodsham on shore wind farm in Frodsham, Britain, September 5, 2023. REUTERS/Phil Noble/File Photo
ClimateEmissionsNews

Britain doubles down on climate target, rules out loophole

Britain has ruled out using an accounting loophole that would have seen it use surplus emission cuts to meet future climate goals.

FILE PHOTO: A view of a computer-rendered image of Climeworks' Mammoth direct air capture plant, is seen in this undated handout picture obtained by Reuters June 28, 2022.   Climeworks/Handout via REUTERS
BusinessCarbon ManagementEmissionsFuelNews

Climeworks opens world’s largest plant to extract CO2 from air in Iceland

Climeworks has opened the world’s largest operational direct air capture (DAC) plant to suck carbon dioxide out of the atmosphere

AnalysisCarbon ManagementEmissionsIn-DepthPolitics

Analysis-Carbon price fall deprives Europe’s green funds of billions

The cost of EU carbon permits had nearly halved by February, as emissions covered by the market plunged as a result of higher...

AviationCarbon ManagementClimateEmissionsNewsUnited Nations

Policy push for carbon removal credits lures finance, aviation

Demand for credits reflecting the engineered removal of CO2 from the atmosphere is expected by some to surge as market-friendly incentives lure buyers.

Carbon ManagementElectricityEmissionsNews

UK’s greenhouse gas emissions fell 5.4% in 2023, says government data

The UK's falling emissions rate was primarily due to lower gas usage in the electricity sector

NewsPoliticsWind

Britain can still meet its 2030 offshore wind target, energy minister says

By Susanna Twidale OXFORD (Reuters) – Britain can meet its target of offshore wind deployment by 2030 even after an auction last year...

BusinessNewsPoliticsUtilitiesWind

Offshore wind market improving after price reset, says EDP

OXFORD (Reuters) – The global market for offshore wind projects is improving with governments and companies now offering high enough prices to make...

Carbon ManagementClimateEmissionsHydropowerNews

Global energy-related CO2 emissions hit record high in 2023 – IEA

LONDON (Reuters) – Global energy-related emissions of carbon dioxide (CO2) hit a record high last year, driven partly by increased fossil fuel use...

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