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net zero

  • Amazon ditches diesel with the UK launch of five new electric heavy delivery trucks

    March 24, 2022

    Amazon has launched its first fleet of 37-tonne fully-electric heavy goods vehicles (HGVs), in a bid to ‘deliver’ on its 2040 net-zero target. Ditching diesel, the five new trucks are set to travel 100,000 miles a year powered by renewable electricity, meaning  170 tonnes of CO2 emissions are removed.  The fleet will be charged at [...]

  • Exclusive: City buildings on track to be collectively carbon negative by 2027

    February 11, 2022

    Buildings in the City are on track to be collectively carbon negative by 2027, according to new research shared exclusively shared with CityAM today. Drafty buildings produce 40 per cent of the UK’s carbon emissions, which London has been tackling for more than decade. Emissions from offices, homes and factories have shrunk steadily since [...]

  • Government slashes EV grant a second time in bid to reel in spending

    December 15, 2021

    The government has slashed its grant for electric vehicles (EVs) for the second time this year, in a bid to reel in spending as inflation hits a decade-long high. The grant has been cut from £2,500 to £1,500, while the value of vehicles eligible for the funding assistance has been trimmed down by £3,000 to [...]

  • Decarbonisation is primary driver for transport investment, says DLA Piper

    November 17, 2021

    Decarbonisation has become the primary driver for investment strategy in the transport sector. According to a report by law firm DLA Piper, 79 per cent of respondents from the railway industry believe decarbonisation a primary driver for their organisation’s investment strategy. Numbers go up when considering those working in the aviation and shipping industries, with [...]

  • IBM and Amazon team up to help oil companies manage data as industry seeks innovations

    November 15, 2021

    IBM and Amazon Web Services (AWS) are teaming up to provide oil companies with more tools to manage data and to share production information more efficiently. The duo has worked together to ensure oil companies can use IBM technology OpenShift to record and store oil production information. In 2018, AWS worked with Royal Dutch Shell [...]

  • Less than a third of businesses plan on cutting their emissions over the next year

    November 10, 2021

    Less than a third of businesses plan on cutting their greenhouse gas emissions over the next year, despite the UK’s recent net zero efforts, according to the latest research. What stands in the way of most firms, however, is the transition to producing fewer emissions being ‘costly’, the Office for National Statistics found. While around [...]

  • Climate jargon debunked: Just one in 10 Brits know what COP26 is

    October 28, 2021

    Just one in 10 Brits know what COP26 is, according to a new study by E.ON, as the UN’s flagship climate conference looms at the tail-end of this weekend. More than 80 per cent of the population would do more for the environment if they were given simpler information about what action to take, the [...]

  • Green Budget 2021: Net zero strategy to receive around £11.4bn in new funding

    October 27, 2021

    The government is set to inject more than £11.4bn in new funding into its net zero strategy, according to chancellor Rishi Sunak’s Autumn Budget today. The fresh capital will go towards “the new, green industries of the future”, Sunak said this afternoon. “We are making this country a science and technology superpower”. It will mean [...]

  • Nearly 60 per cent of firms will miss UK net zero target, says Microsoft report

    October 27, 2021

    Just over 40 per cent of UK firms are on track to meet the government’s net zero target of 2050, new research from Microsoft and the University of London has revealed. The figures suggest that the country’s net zero efforts may be far more difficult to achieve if the majority (59 per cent) of firms [...]

  • Shipping will not reach net zero without a carbon tax says industry report

    October 25, 2021

    The global shipping sector is going in the wrong direction when it comes to net zero commitments, as it is currently at risk of registering a 20 per cent increase in its greenhouse gas emissions by 2050. According to a report from Maersk McKinney Moller Center for Zero Carbon Shipping, at the current pace only [...]

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