Jeremy Hunt’s spring budget includes a £5bn boost for motorists taking precedence over the £120m earmarked for new green technologies.
H&M inks £472m deal to decarbonise fashion industry
H&M, TPG and Swedish-based investor Vargas have invested in a multi-billion dollar venture designed to revolutionise the fashion industry.
Trainline: UK needs 30% leap in rail travel by 2035 to hit net zero target
Trainline is calling for collective action to encourage more people to travel by rail as part of a wider initiative it is calling Project 30%.
Energy: UK lags behind European economies on low-carbon spend
International Energy Agency data shows UK spend on low-carbon measures from April 2020 to the end of April 2023 was around £26.2m.
Chris Packham to challenge government’s net zero U-turn in court
Chris Packham has been given permission for a judicial review in the High Court challenging the government’s decision to U-turn on some of its green polices.
Bank of England urged to stop subsidising fossil fuels as collateral for public loans
The Bank of England has been accused of subsidising fossil fuels via its lending practices by a campaigning group Positive Money.
Future UK emissions targets ‘must not be loosened’
The CCC has congratulated the government for over-achieving its third carbon budget but warned future emissions targets “must not be loosened”.
Drax exposed for taking timber from rare forests
Power company Drax has continued to burn wood from rare forests in Canada classified as “no go areas”.
Nestlé’s Purina ramps ups environmental efforts with ocean restoration initiative
Nestlé pet care brand Purina is launching its first Ocean Restoration Programme, as it looks to combat overfishing, pollution and climate change.
Unilever launches first UK regenerative agriculture project
Unilever has unveiled its first regenerative agriculture project in the UK, working with farms that grow ingredients used in Colman’s products.