net zero

​The UK government has pulled together stakeholders from across the energy sector to discuss how to ensure the COVID-19 recovery is green.

​A group of businesses, tech companies and universities have written to Prime Minister Boris Johnson calling for the establishment of a UK-based International Centre for AI, Energy and Climate.

​BP is to cut £14 billion ($17.5bn) from the value of its assets as the COVID-19 pandemic accelerates net zero transition.

​Green firms operating in the energy industry have higher profitability on average, with the sector able to provide a framework for hard to decarbonise industries.

​The Scottish government has announced a £62 million support package for the energy sector.

​The Aldersgate Group has launched a policy briefing highlighting low carbon projects could help address economic challenges following COVID-19, as the Energy Efficiency Infrastructure Group joins calls for a green recovery.

​The UK government should invest at least £30 billion in a green recovery from COVID-19, according to thinktank IPPR’s Environmental Justice Commission.

​The government should set a target of achieving a net zero power system by 2040, SSE has recommended as part of a five-point action plan.

The UK will need "much more" wind capacity to meet net zero, alongside a number of wide ranging measures including support for floating wind, solar and flexibility.