Even on the company’s broader metric, the greener stuff came out at only one-third of total expenditureThe chief executive has changed at Shell but the song remains the same. The energy transition will be “balanced” and “we intend to remain disciplined…
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‘This is greenwashing’: Shell accused of overstating renewable energy spending
Non-profit group Global Witness urges US regulator to investigate oil giant and potentially impose fines over apparent ‘mislabeling’Shell has misleadingly overstated how much it is spending on renewable energy and should be investigated and potentially…
Read moreShell and BP face tough job of keeping customers and investors happy as profits roll in
The oil giants will also have to contend with intensifying calls to put more money into clean energyThe bosses of Shell and BP face the same task as they prepare to present their companies’ annual results this week, but at completely different points i…
Read moreBP declines to reveal how much ‘loophole’ saved it in windfall tax
MPs hear concerns that investment in North Sea oil and gas reduces the tax, effectively rewarding fossil fuels over renewables BP declined to reveal how much windfall tax it would have paid without an investment “loophole” when being questioned by MPs …
Read moreChancellor extends energy windfall tax to ‘low carbon’ generators
Jeremy Hunt proposes to raise £14bn by also raising levy to 35% and extending it by two yearsPolitics live – latest news and reaction on UK budget plansAutumn statement 2022: key points at a glanceJeremy Hunt hopes to raise £14bn next year after increa…
Read moreWindfall tax must change in face of ‘excessive’ oil profits, Alok Sharma says
Exclusive: Outgoing head of climate talks says UK needs to encourage investment in renewables, not fossil fuelsThe UK’s windfall tax on oil and gas profits must be changed to raise billions more and to stop companies using loopholes to invest in furthe…
Read moreWindfall tax must change in face of ‘excessive’ oil profits, Alok Sharma says
Exclusive: Outgoing head of climate talks says UK needs to encourage investment in renewables, not fossil fuelsThe UK’s windfall tax on oil and gas profits must be changed to raise billions more and to stop companies using loopholes to invest in furthe…
Read morePeak power: hydrogen to be injected into UK station for first time
Exclusive: Joint venture with Centrica is aimed ultimately at reducing carbon intensity at the siteHydrogen will be injected into an emergency gas-fired power station for the first time in a pilot backed by the owner of British Gas.Centrica has investe…
Read morePeak power: hydrogen to be injected into UK station for first time
Exclusive: Joint venture with Centrica is aimed ultimately at reducing carbon intensity at the siteHydrogen will be injected into an emergency gas-fired power station for the first time in a pilot backed by the owner of British Gas.Centrica has investe…
Read moreThe UK’s energy system is fattening state coffers – just not Britain’s | Frances O’Grady
The British public should enjoy the full benefit of the energy that is generated here, and help plan its futureFrances O’Grady is general secretary of the TUCDespite yesterday’s mini-budget, nearly every family will face the winter with much higher bil…
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