Exclusive: Report by risk experts says previous assessments ignored severe effects of climate crisis The global economy could face 50% loss in gross domestic product (GDP) between 2070 and 2090 from the catastrophic shocks of climate change unless immediate action by political leaders is taken to decarbonise and restore nature, according to a new report.
Earth recorded its hottest year ever in 2024, with such a big jump that the planet temporarily passed a major climate threshold, several weather monitoring agencies announced Friday. Climate Change (Image: Tumisu/Pixabay) Last year’s global average temperature easily passed 2023’s record heat and kept pushing even higher. It surpassed the long-term warming limit of 1.5 degrees Celsius
Incoming US president Donald Trump, whose campaign ran on the slogan “drill, baby, drill”, has already reopened a quarrel with the UK’s offshore wind development in the North Sea and is unlikely to stop there. Perhaps in anticipation of this, current American president Joe Biden has rushed through legislation banning offshore oil drilling across the
As the new price cap comes into force this year, energy consultancy Cornwall Insight has predicted further increases for the year ahead. The April cap, which will be officially announced in February, is now expected to be £1,785 a year for a typical dual fuel consumer. This is a 3% increase on January’s cap of
Ofgem has published an update on its review of standing charges, after responses to its call for input painted a “stark picture” of users’ dissatisfaction with the current system. According to the regulator, tens of thousands of consumers expressed dissatisfaction with the current system, stating standing charges are “unneeded, unfair and confusing”. The UK
Up to 300,000 households will benefit from home upgrades in the next year, as the government confirms new steps to help households of every kind take up measures that can help save money on their bills and deliver cleaner heating. This includes boosting the budget for the Boiler Upgrade Scheme to support more households
New vanadium redox flow battery (VRFB) technology from Invinity Energy Systems makes it possible for renewables to replace conventional generation on the grid 24/7, the company has claimed. Anglo-American flow battery company Invinity launched its new product, Endurium, today. It follows around three years of R&D, testing, and prototyping, during which Invinity has partnered with
New data has shown that the volume of UK electricity generated from fossil fuels has reached its lowest-ever recorded level. The latest Drax Electric Insights report, which covers the third quarter of 2024, revealed that electricity generation from fossil fuels fell below 5GW for the first time in August of this year, with the
It is now "virtually certain" that 2024 - a year punctuated by intense heatwaves and deadly storms - will be the world's warmest on record, according to projections by the European climate service. Global average temperatures across the year are on track to end up more than 1.5C above pre-industrial levels, which would make 2024
Opponents of solar farms often say that solar panels should be put on roofs and that fields should be left for agriculture so i asked the experts on whether they agreed Tory leadership loser Robert Jenrick said that solar panels are “for roofs not fields” when asked by i last month if he supported a
