Day: 3 May 2023

Record Growth in Renewables Achieved Despite Energy Crisis

Stuart Mitchell

By the end of 2022, global renewable generation capacity amounted to 3372 Gigawatt (GW), growing the stock of renewable power by a record 295 GW or by 9.6 per cent. An impressive 83 per cent of all power capacity added last year was produced by renewables. Renewable Capacity Statistics 2023, released by the International Renewable Energy Agency (IRENA) shows that renewable energy continues to grow at record levels despite global uncertainties, confirming the downward trend of fossil fueled power generation. “This continued record growth shows the resilience of renewable energy…

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UK’s first ‘Train to Zero’ carbon capture rail link set to decarbonise Yorkshire energy facility through connection to Teesside terminal

Stuart Mitchell

Two British businesses have signed a Memorandum of Understanding (MoU) to collaborate on the development of the UK’s first ‘Rail to Zero’ carbon capture rail corridor, that would enable dispersed industrial sites to permanently store their emissions. enfinium, one of the UK’s largest energy from waste operators, will work with Navigator Terminals, the UK’s leading bulk liquid storage provider, to develop options to transport carbon dioxide (CO2) captured at enfinium’s Ferrybridge waste facilities in West Yorkshire to Navigator’s storage facilities in Teesside using rail freight. The CO2 would then be…

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Research from the CIPR finds MPs are failing to address “fundamentally broken” lobbying rules

Stuart Mitchell

Three in four MPs have not talked about lobbying in Parliament since December 2019, according to research published by the Chartered Institute of Public Relations (CIPR), the industry body for UK lobbyists. The research suggests that the calls for reform of lobbying rules – including from a government-commissioned inquiry, a number of Parliamentary committees, the Committee on Standards in Public Life, campaign groups, and the lobbying industry – have been ignored. Amidst mounting public pressure for reform, the report – The Never-Ending Scandal – investigates Parliament’s attitude to lobbying by…

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IIGCC launches Net Zero Engagement Initiative to scale and accelerate climate-related corporate engagement

Stuart Mitchell

The Institutional Investors Group on Climate Change (IIGCC) has launched the Net Zero Engagement Initiative (NZEI), a new initiative to scale and accelerate climate-related corporate engagement. 93 investors have agreed to participate in the initiative including Church of England Pensions Board, Schroders and PGGM. By expanding the universe of companies engaged beyond the Climate Action 100+ focus list, including those across the demand side, the objective is to help investors align more of their portfolio with the goals of the Paris Agreement as set out by investor net zero commitments,…

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Dunelm Raises Over £1million For Mental Health Charities

Stuart Mitchell

Dunelm, the UK’s leading homewares retailer has raised over £1 million since July 2021 for mental health charities Mind, the Scottish Association for Mental Health (SAMH) and Inspire. Dunelm is a national partner with Mind across England and Wales, SAMH in Scotland, and Inspire in Northern Ireland, meaning all the funds raised in Scotland will support mental health services in Scotland, with the same in Northern Ireland. The two-year fundraising partnership aims to raise awareness and reduce the stigma often associated with mental health, by offering essential advice, support, and…

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