Climate change, decarbonisation, net zero – a glimpse into the 2021 Budget

The UK Chancellor of the Exchequer delivered the 2021 Budget to the UK Parliament on 3 March 2021. The budget delivered includes a package of related policy documents, some of which relate to planned commitments to tackle climate change and achieve the Government’s net zero by 2050 ambition. Two of the more interesting aspects of … Read more

Decarbonisation of the LNG Supply Chain: challenges and the way forward

Why decarbonisation? Projections from various organisations all show a significant role for gas in the energy mix to meet global energy demand in 2050. Indeed, gas has widely been seen as a “transition fuel”; a bridge between an economy running on coal vs one running on renewables. However, increasingly the lifecycle emissions of gas as … Read more

Green finance and innovation – point 10 of the UK Government’s Ten Point Plan

In the final limb of its Ten Point Plan (the Plan), the Government acknowledges the significant investment required to achieve net zero through the developments and innovations elsewhere in the Plan. It seeks to leverage public and private sources of financing, increasing investment in research and development (R&D) while cultivating a green finance sector, including … Read more

Joining the race to zero – UN launches Green Hydrogen Catapult

Aiming to drive down the cost of green hydrogen, the Green Hydrogen Catapult initiative launched by the UN on 8 December 2020 sees a coalition of global green hydrogen leaders come together with a target to deploy 25GW of renewables-based hydrogen production over the next six years. The Green Hydrogen Catapult coalition, which includes ACWA … Read more

National Infrastructure Bank – a new (and improved) Green Investment Bank?

Following hot on the heels of the Prime Minister’s 10 point plan for a green industrial revolution, the UK government has released its National Infrastructure Strategy. One of the flagship policies heralded in this paper is a new UK infrastructure bank. The government hopes the new bank will catalyse economic growth, bring geographic balance to … Read more