Economy

Energy Impact Partners announce the launch of funding to advance diversity, equity and inclusion

Energy Impact Partners announce the launch of funding to advance diversity, equity and inclusion

The global investment platform shared on Wednesday that it is bringing forward The Elevate Future Fund. This fund will launch to create a more diverse founder community and inclusive venture capital ecosystem within energy transition, with $120 million in commitments.   The $120m goal has already been met by over 50% due to the large …

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Early rollout of Sustainable Farming Incentive Scheme, Government announce

Early rollout of Sustainable Farming Incentive Scheme, Government announce

It was confirmed by the UK Government today that an early rollout of a new environmental land management scheme will be put in place to reward farmers for adopting more sustainable farming approaches. This means there are now two different ways to get rewarded!  Farmers who were eligible in receiving Basic Payment Scheme payments can …

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Welsh government take further action on forming their Interministerial group for Climate Change, Net Zero and Energy

Welsh government take further action on forming their Interministerial group for Climate Change, Net Zero and Energy

July 8th saw the Welsh Government publish a document regarding the purpose of the Interministerial Group for Net Zero, Energy and Climate Change.   This writeup is to provide references and support effective engagement and collaboration in areas of shared interest between the portfolio ministers leading on these issues within the UK administrations, and is led by …

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Hydrogen powered double decker busses launches for the first time in London, England

Hydrogen powered double decker busses launches for the first time in London, England

Sadiq Khan is going green with the introduction of his first ever hydrogen-powered double decker buses in England. These 20 new environmentally friendly vehicles will be joining 500 electric buses already on Route 7 between East Action and Oxford Circus. Londoners can take a ride thanks to this eco friendly initiative that’s sure to make …

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An award of £7m is offered for those willing to work on eradicating common problems with sustainable plastic packaging

An award of £7m is offered for those willing to work on eradicating common problems with sustainable plastic packaging

The Smart Sustainable Plastic Packaging (SSPP) competition is offering up to £7 million in funding for business-led research and development projects into solving the sustainability of plastics. The SSPP hopes that these ambitious, bold teams will develop a circular economy solution which can then be applied worldwide!   UK Research and Innovation’s (UKRI) new Smart …

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Ageing vehicles in the UK are living long enough to receive a pension

Ageing vehicles in the UK are living long enough to receive a pension

With the average age of UK vehicles now reaching 8.4 years old, it’s no wonder that progress toward net zero commitments is at risk!   A new report by the Society of Motor Manufacturers and Traders (SMMT) suggests that as car ownership has become more affordable over recent decades, Brits are increasingly opting to buy …

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The Queen’s Speech at State Opening of Parliament promises environmental reform

The Queen’s Speech at State Opening of Parliament promises environmental reform

The Queen has delivered her speech to open this session of Parliament today unveiling a new programme of legislation which will ‘level up’ opportunities across the country and hope to give power back to local areas.   The Environment Bill, one of the 30 laws that ministers intend to pass in the coming year has been …

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National Grid agrees £7.8bn electricity deal and set to offload gas business | Express & Star

National Grid agrees £7.8bn electricity deal and set to offload gas business | Express & Star

National Grid has unveiled a deal to buy Britain’s largest electricity distribution business for £7.8 billion and will offload the UK national gas transmission system under aims to increase its focus on electricity. National Grid – the company that helps keep Britain’s lights on – said it will launch a process later this year to …

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Strathclyde Uni and Eni to boost Scotland’s renewable energy skills

Strathclyde Uni and Eni to boost Scotland’s renewable energy skills

The University of Strathclyde and Eni have struck an agreement to help Scottish oil and gas workers transfer their skills to the renewable energy sector. Both sides will combine their respective expertise – Strathclyde in renewable energy and Eni in offshore operations and industrial know-how. In addition, the partners will work together on research projects …

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