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...Meanwhile, the Environment Agency is conducting a far-reaching criminal investigation into suspected widespread non-compliance by water and sewerage companies at more than 2,200 sewage treatment works....
...Peter Martin, Wood Mackenzie’s chief economist, said “the increased cost of capital has profound implications for the energy and natural resource industries”, and that higher rates disproportionately affect...
...Project (CDP), the We Mean Business Coalition, the World Wide Fund for Nature (WWF) and the World Resources Institute (WRI)....
...This is a condensed version of what Greg Jackson, founder of one of the UK’s most interesting companies, Octopus Energy, told an FT climate conference the other week....
...Likewise, in banking, while a big footprint of financed emissions is sure to draw the ire of climate activists, it may be only a fuzzy measure of climate-linked risk....
...The National Audit Office said moving households away from fossil fuels to heat their properties was one of the “biggest challenges” the government faces as it tries to put the country on course for its...
...But the critical issue of how permanently the carbon is stored is debatable, as well as the risk of double counting....
...For today’s newsletter, I dived into the world of synthetic natural gas (SNG), also known as e-methane (methane is the main component of natural gas)....
...Ben Guest, managing director of the new energy division at Gresham House, said National Grid is underusing battery storage that is already incorporated in the system, although it is seen as a crucial part...
...She added that Russia’s invasion of Ukraine, while delivering a huge boost to the liquefied natural gas market that drove record profits for the Australian company, had also stalled momentum for the development...
...Kenya’s soil and groundwater are a natural form of water storage. However, the country needs more artificial storage. It has to “be prepared for more fluctuation of water”, says Bernhardt....
...“That’s probably because we don’t have a clear way of working out what counts.”...
...’s Teck Resources....
...With assets worth $134bn, Berkshire Hathaway Energy supplies 12mn electric and gas customers, maintains more than 30,000 megawatts of power generation capacity and owns a 21,000-mile natural gas pipeline...
...Acer, the EU’s energy regulator, warned that the bloc still needed to import Russian liquefied natural gas to avoid an energy shock, even as Nordic and Baltic nations argued for an outright ban of purchases...
...“Most of the new demand growth will be met by carbon-free generation resources,” said Xizhou Zhou, head of power and renewables at S&P....
...Brian Bolster, Goldman Sachs’ head of natural resources investment banking in the Americas, is retiring, our Due Diligence colleagues reported yesterday....
...Others, such as Norway’s Flocean Desal, are designing desalination technology that can work on the seabed, which, it argues, reduces impact on the marine environment and is less energy-intensive....
...But in a world of deepening climate gloom, any sign of hope is surely welcome. pilita.clark@ft.com...
...Mark Neate, director of environment, safety and security at Sellafield, said in January he would step down this year because it was the “right time for me to move on”....
...Unlike intermittent resources such as wind and solar, nuclear can provide a bedrock of 24-hour baseload power....
...“The size of the fund is minuscule when compared to the gallons of effluent pouring into our rivers and coastal waters, all at a risk to people and [the] environment.”...
...The new US agency, known as the Office of Clean Energy Demonstrations within the Department of Energy, also awarded German cement manufacturer Heidelberg Materials up to $500mn to install carbon capture...
...Western countries mishandle nuclear energy projects by failing to plan and trying to complete them too fast, the head of AtkinsRéalis, the biggest maker of reactors that run on natural uranium, has warned...
...The company’s margin in this high gold price environment is enough for us to stay interested....
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