Month: October 2024

Wealthy Britons could give £2.8 billion more to charity each year

Stuart Mitchell

New research reveals that wealthy people in Great Britain say they could give an estimated £2.8 billion more to charity each year, raising the prospect of more than halving the giving gap the country faces relative to world leaders New Zealand and Canada. If that money were donated, health charities and children’s organisations are likely to benefit the most from an influx in giving.  The analysis by Pro Bono Economics (PBE) identifies 5.8 million ‘wealthy’ people in Great Britain – those with assets of £100,000 or more when their main…

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F1 partners with Aggreko to deliver low-carbon power solutions at European races from 2025

Stuart Mitchell

As Formula 1 drives forward with its Net Zero by 2030 goal, it has today announced a multi-year partnership with Aggreko, a world-leading provider of temporary power solutions, to deliver innovative low-carbon energy generation systems at all European Grands Prix from the 2025 season. As part of the deal, Aggreko will become an Official Provider of F1. Aggreko and Formula 1 have been working on this system together since 2023 when they first piloted a centralised power generation compound at the Austrian Grand Prix, which reduced associated carbon emissions by…

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NGOs take legal action against the EU’s 2030 climate targets

Stuart Mitchell

Climate Action Network (CAN) Europe and the Global Legal Action Network (GLAN) submit final written arguments in a fast-tracked climate case filed in February this year. The NGOs argue that the European executive sets unlawful annual emissions limits by 2030 for each EU country in the buildings, agriculture, waste, small industry, and transport’ sectors that cover about 57% of the total EU‑27 greenhouse gas emissions. The NGOs argue that the EU´s overall climate ambition remains alarmingly off-track from the 1.5°C limit of the Paris Agreement. It is also a call…

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Viking wind farm and subsea cable boosts UK clean energy from Shetland

Stuart Mitchell

In a ground-breaking achievement for clean energy in the UK, the Shetland Islands have been connected to the GB electricity grid for the first time. This milestone comes with the completion of two major projects: the Viking Wind Farm, which is set to become the UK’s most productive onshore wind farm a 260-kilometer subsea transmission link that will transport the generated electricity from Shetland to the mainland A boost to the UK’s renewable energy capacity The Viking Wind Farm, developed by SSE Renewables, is a monumental step in the UK’s…

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The SBTi Unveils Framework to Accelerate Buildings Sector’s Alignment with Net-Zero Targets

Stuart Mitchell

The Science Based Targets initiative (SBTi) launches a groundbreaking science-based decarbonization framework for companies and financial institutions in the buildings value chain. The framework sets 1.5°C-aligned emissions reduction targets for the buildings industry to overcome current climate challenges and create a net-zero future. The buildings sector is responsible for over a quarter of energy-related emissions and is deeply impacted by the climate crisis. Construction delays due to adverse weather are already costing billions of dollars globally. The SBTi’s new Buildings Sector Science-Based Target-Setting Criteria takes a ‘whole building approach’ –…

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