TAG: Carbon capture

UK Labour’s secret love: The oil and gas industry

LONDON — It was an unlikely stage for a political love-in.Labour Party Leader Keir Starmer and Ed Mi...

8 months ago

Europe is spending millions to trap carbon. Where will it go?

Tomaž Vuk has the carbon. Now he just needs somewhere to send it. Since 2020, Vuk, who sits on the b...

8 months ago

With Theresa May’s exit, UK Conservatives face green leadership vacuum

LONDON — Former Prime Minister Theresa May's announcement that she'll leave Westminster at the election creates a vacancy for a climate leader at the top of the Conservative Party. Nobody is in a rush to apply.The Tories have had a rocky relationship with...

6 months ago

Labour slashes green spending pledge in major U-turn

LONDON — Keir Starmer's Labour Party U-turned on its green investment plans after months of speculation.The party on Thursday ditched its totemic pledge to spend £28 billion a year on green policies — slashing those spending plans by nearly 75 percent.In...

6 months ago

Labour will need ‘Herculean effort’ to hit green goals, says UK climate watchdog

LONDON — It will take a “Herculean effort” for Labour to reach its key net zero target of clean power by 2030 if it wins power, the U.K. government’s chief climate adviser has said.Chris Stark, who steps down as chief executive of the Climate Change Commi...

5 months ago

Climate entrepreneurs are coming for Europe’s money 

BRUSSELS — Stefan Borgas already runs a multibillion-dollar Austrian company that supplies iron and steel factories. But that’s not exactly why he was in Brussels. Borgas was in the capital of the European Union seeking millions for a pet project that doe...

4 months ago