AFRY steps back from new-build coal projects in move to drive down emissions

The Swedish-Finnish engineering, consulting and design company suggests the increasing demand for carbon-free energy ‘requires concrete actions from all industry players’

Majority of consumers ‘still invest in savings accounts or pensions linked to fossil fuels’

Duncan Grierson, CEO and Founder of Clim8 Invest spoke to FNZ about the results of new research, which showed half of the Brits don’t know where their money is invested

Waitrose and John Lewis unveil plan to switch to electric home deliveries

The use of the new vehicles is estimated to save more than 20,000 tonnes of CO2 every year, equivalent to the carbon footprint produced by 2,500 households

Rockefeller Brothers Fund records rise in financial returns after fossil fuel divestment

The philanthropic foundation says its returns have beaten market benchmarks after it shifted its portfolio to 99% fossil fuel-free investments in 2014

Oxford University pledges to divest from fossil fuel companies

Its endowment office, which manages £3bn of funds is asked to request evidence of net zero carbon business plans from future fund managers

Sweden becomes third European country to eliminate coal from power production

Stockholm Exergi AB’s Värtaverket plant has been closed two years early in a drive towards decarbonising the nation’s electricity supply

Fuel cell bus in Wuhan ‘travels equivalent of one lap around the world’

The bus, which used a 40kW fuel cell system, run in daily traffic on two bus lines in Wuhan, one of them covering 12km with 16 stops

European Investment Bank to cease funding for fossil fuel projects

Its new energy lending policy to increase support for climate action and environmental sustainability to reach 50% of its operations from 2025

Government says frack off to shale gas fracturing in UK

It has announced fracking will not be allowed to proceed in the UK unless evidence is provided that shale gas extraction can be carried out safely

Minergy’s Masama Coal Project in Botswana is now fully operational

The firm claims it has extracted roughly 39,000 tonnes of coal to date and believes there is in excess of 340,000 tonnes exposed in the pit