Category Archives: Green economy

Dutch airline KLM misled customers with vague green claims, court rules

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Operator also found by Amsterdam court to have painted ‘overly rosy picture’ of sustainable aviation fuel

The Dutch airline KLM has misled customers with vague environmental claims and painted “an overly rosy picture” of its sustainable aviation fuel, a court has found.

In a greenwashing case brought by the campaign group Fossielvrij, the district court of Amsterdam ruled on Wednesday that KLM had broken the law with misleading advertising in 15 of the 19 environmental statements it assessed. They include claims that the airline is moving towards a “more sustainable” future and statements on its website about the benefits of offsetting a flight.

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Tata confirms Somerset will be home to £4bn battery factory

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Indian conglomerate says gigafactory in Bridgwater will bring about 4,000 jobs to region

The Indian conglomerate Tata has confirmed Bridgwater in Somerset as the site of its new £4bn battery factory, which will bring about 4,000 jobs to the region.

Tata’s battery business, Agratas, said it had bought land at the Gravity Smart campus off the M5, just outside the town.

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Cash-strapped London council starts crowdfunding drive to pay for green upgrades

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Southwark asks residents to invest as little as £5 to help fund eco-projects such as cycle hangars and school upgrades

Deep cuts to government funding have led a council in south London to ask its residents to invest their own money, for a financial return, to build cycle hangars, new LED street lighting and green upgrades at schools and leisure centres.

In the midst of a financial crisis hitting town halls across England, councillors in Southwark have resorted to a crowdfunding scheme to raise £6m over the next six years to help fund climate-friendly projects.

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‘It’s a net zero cargo solution’: could Victoria become home to an airship renaissance?

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French startup hoping to develop Ballarat manufacturing hub says its dirigibles will transport freight too cumbersome for road

They’re huge, can float through the air, and are synonymous with one of history’s most notorious transport disasters – but airships could be set for a cargo-oriented, green renaissance.

French startup Flying Whales has a vision to begin manufacturing its airships – which instead of the hydrogen-filled Hindenburg, will rely on 180,000 cubic metres of helium – by 2025, with an eye to gaining regulatory certification to begin operating in skies by the end of 2027.

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UK needs ambitious green plan to keep up with allies, says Labour frontbencher

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Jonathan Reynolds calls for version of US Inflation Reduction Act amid row over future of Labour policy

Britain needs its own ambitious green investment plan to keep up with its allies, a Labour frontbencher has said, amid an increasingly bitter row over whether Keir Starmer should stick to his £28bn pledge.

Jonathan Reynolds, the shadow business secretary, said the UK should come up with a version of Joe Biden’s $369bn (£290bn) Inflation Reduction Act, which has provided support to a range of technologies including electric cars and renewable power.

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‘A biodiversity catastrophe’: how the world could look in 2050 – unless we act now

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The climate crisis, invasive species, overexploitation of resources and pollution could break down crucial ecosystems. We asked experts to lay out the risks and offer some solutions

The continued destruction of nature across the planet will result in major shocks to food supplies and safe water, the disappearance of unique species and the loss of landscapes central to human culture and leisure by the middle of this century, experts have warned.

By 2050, if humanity does not follow through on commitments to tackle the five main drivers of nature loss critical natural systems could break down just as the human population is projected to peak.

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UK must offer businesses certainty over green energy, says boss of FTSE 100 firm

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Miles Roberts of packaging-maker DS Smith warns manufacturing will decline unless government provides clarity about decarbonisation

The UK risks seeing its manufacturing sector fall behind rival economies if the government does not offer certainty over policies on shifting to green energy, according to the head of FTSE 100 packaging maker DS Smith.

Miles Roberts, the company’s chief executive, said British government decarbonisation policy has lacked the clarity of European rivals, meaning DS Smith has moved ahead with a €90m (£78m) investment in a paper mill in Rouen, northern France, while waiting for more clarity from government before investing in upgrades in the UK.

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How Tories’ green hostility will hinder a future Labour government

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Experts say current policies will make it tougher for Keir Starmer to mend UK’s economy and climate goals

The Conservative government’s hostility to net zero and environmental policy will make it tougher for Labour to pursue green growth and mend the damage to the UK’s economy and climate goals if elected, experts have warned.

Anti-green rhetoric was one of the strongest themes of the Tory party conference last week, with the prime minister, Rishi Sunak, warning about the costs of net zero policies as his ministers took even stronger attack lines.

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Tory swing voters switch to Labour after Sunak’s green retreat, poll finds

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Survey shows nearly 90% of 2019 Conservative voters say green industry is vital to UK’s economic growth

Almost nine in 10 voters who intend to switch their support from Conservative to Labour candidates in the next general election believe that “green growth” is important for the future of Britain’s economy, according to a poll.

Carried out by pollsters Opinium, the survey found that 82% of all respondents backed the growth of Britain’s green industry to boost the economy, in the same week that the prime minister announced a series of U-turns on the government’s green commitments in an attempt to create a dividing line with Labour before the election.

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UK manufacturers cut hiring plans amid ‘sharp slowdown’, survey finds

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Firms preparing for difficult year as ‘potent cocktail’ of difficulties takes hold, says industry lobby group

UK manufacturers are cutting their recruitment plans after being hit by a slowdown in orders as a downturn looms, a new survey shows.

Britain’s manufacturers are “battening down the hatches” amid a sharp drop in activity, according to the latest quarterly data from Make UK, which represents manufacturers, and the business advisory firm BDO.

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Key ‘Bidenomics’ architect calls for spending ‘race to the top’ on green tech

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Biden adviser Heather Boushey urges UK and Europe to increase climate friendly investment to reboot growth

Governments around the world must drastically increase public investment in green technologies to combat global heating and drive sustainable economic growth, a top adviser to President Joe Biden has said.

Heather Boushey, a member of the White House council of economic advisers, said countries including the UK needed to ramp up green investment to reboot economic growth, boost energy security, and protect against future inflation shocks.

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UK needs Dragons’ Den approach to investing in net zero, says thinktank

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IPPR wants government to take a stake in green technology firms to help Britain keep up with EU and US

The UK risks losing out to the US and EU in the global race to a net zero economy unless the government increases green investment by taking a stake in the companies of the future, a thinktank has said.

The left-leaning Institute for Public Policy Research said Britain needed a “national investment fund” (NIF) that would back new firms and secure a share of any future profits for the public as it called for the state to adopt a “Dragons’ Den” type approach to supporting enterprises.

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Rishi Sunak must not retreat from climate pledges, says top Tory mayor

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Andy Street, seen as most powerful Conservative outside London, vows to fight party’s retreat from climate pledges

The most powerful Conservative outside London has warned he will not hesitate to stand up to the party should it attempt to retreat from its pledge to tackle the climate crisis.

There are already serious concerns that Rishi Sunak and his advisers are using green policies as a political dividing line with Labour in an attempt to revive the party’s fortunes. The prime minister recently backed “maxing out” oil and gas reserves, while cabinet minister Michael Gove said net zero should not become a “religious crusade”. Tory MPs have also demanded a delay to the ban on petrol car sales by 2030.

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Energy bosses at No 10 summit warn investor confidence is waning

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Chiefs say UK’s troubled economy and political uncertainty is dampening enthusiasm for clean energy rollout

The bosses behind Britain’s multibillion-pound clean energy rollout have warned the government that the UK’s difficult economic circumstances and political uncertainty have taken a toll on investor confidence.

About 20 industry bosses representing companies from across the sector attended a summit at No 10 to discuss their plans to invest more than £100bn in the UK economy.

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China accused of scores of abuses linked to ‘green mineral’ mining

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Watchdog identifies 102 violations over past two years as country extracts ‘transition minerals’ for green-energy technology

A new report into China’s dominance in the green-energy market has identified more than a hundred allegations of environmental and human rights violations linked to its overseas transition mineral investments over the past two years.

China dominates the processing and refining of lithium, cobalt, copper, manganese, nickel, zinc, chromium, aluminium and rare-earth elements – and the manufacturing of technologies like solar panels, wind turbines and batteries for electric vehicles (EV), which require so-called transition minerals.

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Labour needs an ‘honest debate’ about Brexit damage, union warns

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Unless Britain develops a closer relationship with the EU it will continue to haemorrhage investment and jobs, says the GMB

The leader of one of the country’s biggest unions has urged Labour to conduct an “honest debate” about the economic damage being caused to working people by Brexit, as evidence grows that it is fuelling inflation and driving jobs and investment abroad.

In an interview with the Observer, Gary Smith, the general secretary of the GMB union, which is one of Labour’s biggest financial backers, giving more than £1m a year, said politicians of all parties had been too afraid to admit the adverse consequences that leaving the EU was having on jobs and life in working communities.

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UK failing to honour net zero farming pledges, report finds

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Exclusive: Projected emissions drop for agriculture and land use 58% below target in original net zero plan

The UK government’s pledges on reducing greenhouse gas emissions from farming and land use fall short of promises made in its net zero strategy, analysis has found.

Using figures from the government’s carbon budget delivery plan, analysts from WWF found that the total projected emissions reductions from now until 2037 for agriculture and land use were 58% less than the emissions reductions figures underpinning the original net zero strategy. This gap is equivalent to the emissions of the entire UK building sector.

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EU faces legal action after including gas and nuclear in ‘green’ investments guide

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European Commission accused of acting unlawfully in two separate cases bought by environment groups

The European Commission is being sued by environmental campaigners over a decision to include gas and nuclear in an EU guide to “green” investments.

Two separate legal challenges are being lodged on Tuesday at the European Union’s general court in Luxembourg – one by Greenpeace and another by a coalition including Client Earth and WWF – after the classification of fuels in the so-called taxonomy, a guide for investors intended to channel billions into green technologies.

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‘Half-baked, half-hearted’: critics ridicule UK’s long-awaited climate strategy

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UK’s 1,000-page plan criticised as doing ‘little to boost energy security, lower bills or meet climate goals’

The UK’s new energy plan unveiled on Thursday is a missed opportunity full of “half-baked, half-hearted” policies that do not go far enough to power Britain’s climate goals, according to green business groups and academics.

The 1,000-page strategy has been criticised by many within Britain’s green sectors who fear the country could surrender its leading role in climate action because of the government’s “business as usual” approach to delivering green investments.

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Germany faces EU backlash over U-turn on phasing out combustion engine

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Row a further signal of tensions over the green deal landmark proposals to tackle climate crisis

Germany is facing a growing backlash inside the EU over its U-turn on a law to phase out the combustion engine in new cars by 2035, despite signs of an end to the standoff with Brussels.

The row comes amid growing concerns over France’s push to include nuclear across a swathe of laws on green technologies, a further signal of tensions over the EU green deal, landmark proposals to tackle the climate crisis.

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