France and Asia to drive nuclear power to new heights by 2030 as UK roadmap falls flat January 24, 2024 Nuclear development in the UK faces an uphill battle as Sizewell C and Hinkley Point C remain mired in delays.
Right-wing think tank claims digital markets bill is a ‘recipe for disaster’ September 19, 2023 Proposed legislation to regulate digital markets is a “recipe for disaster” and risks spooking tech companies by handing Britain’s competition watchdog unbridled power, according to a new paper by the Institute of Economic Affairs (IEA). The right-wing think tank has today published a paper which warns the Digital Markets, Competition and Consumers bill (DMCC) will [...]
“Older and poorer” – the UK’s future? September 19, 2024 The Health Secretary, Wes Streeting, said last week that the UK risks becoming “a country with an NHS attached.” Coming from a Labour MP this constitutes admirable candour. The problem is, we’re long past that point already. The NHS is by far the biggest employer in the country (over two million people) with a budget [...]
What a cop out! No mention of phasing out fossil fuels in COP28 draft agreement December 11, 2023 The draft has been published on the summit's penultimate day
Solar power set to overtake coal as war in Ukraine fuels renewables boom December 6, 2022 Solar power will become the world's biggest sources of electricity within the next five years, according to the International Energy Agency.
‘Global oil demand will peak beyond 2030’ – Vitol CEO February 27, 2024 The head of Vitol has said the ongoing conflicts in the Eastern part of the globe have not moved the market towards significantly greater distress.
Exxon Mobil challenged by investors over climate goals ahead of AGM April 17, 2023 LGIM and CBIS have co-filed a shareholder resolution, calling on Exxon Mobil to provide more climate disclosures.
Oil be damned: Global demand for oil set to hit all-time high this year as China reopens January 18, 2023 Global oil demand will reach a record high this year, and rise by nearly 2m barrels per day this year, as China eases pandemic restrictions.
Exxon says world set to fail two degrees global warming cap by 2050 August 29, 2023 Oil and natural gas are still projected to meet more than half of the world’s energy needs in 2050, or 54 per cent, Exxon Mobil announced.
Europe set for diesel supply scramble as high prices expose tight markets November 15, 2022 Europe could be scrambling for diesel supplies over the winter, the International Energy Agency, amid ultra-high prices.