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Rush for carbon credits spurs surge in power company schemes

A rush by companies to buy credits to offset carbon emissions has led to contentious schemes being developed by large power companies including India’s Adani Group and US-based NextEra Energy...

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UK pubs hit by higher energy costs as suppliers limit Covid debt exposure

Energy suppliers are refusing to renew gas and electricity contracts for pubs or forcing publicans on to higher rates while they renegotiate terms, as they limit exposure to a sector still facing huge uncertainty after a year of on-off lockdowns...

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Gravitricity battery generates first power at Edinburgh site

A project to create electricity from gravity has generated its first power at a demonstrator site in Edinburgh. The Gravitricity system acts like a giant battery to balance the electricity coming from renewables. Experts say such...

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Singapore now home to one of the world's largest floating solar farms

SINGAPORE - Singapore is now home to one of the world's largest floating solar farms and it is capable of potentially offsetting more than 4,000 tonnes of...

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Visa pledges to reach net zero by 2040

Payments technology company Visa has committed to reach net zero global emissions by 2040. The firm outlined plans to become a ‘climate-positive’ company through new partnerships and initiatives, a few months...

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