UK
Tech giants to UK Ministers: relax Net Zero rules or miss out on AI
Tech giants have told ministers that Britain’s AI data-centre boom may require temporary on-site gas generation to overcome high energy costs and grid delays, highlighting tensions between the UK’s Net Zero goals and its ambition to be a global AI leader. Ministers say they aim to meet demand with clean power by 2030 but have not ruled out gas as a short-term fix.
UK deindustrialisation latest: Grangemouth faces closure
Britain’s biggest chemical plant is at risk of closure after surging energy costs and carbon taxes have left it struggling for survival. Despite cross-subsidy from INEOS’s global profits, Sir Jim Ratcliffe’s firm has warned the Olefins and Polymers plant at Grangemouth is under threat if it cannot make a “significant turnaround” in the next few years.
Highland councils win cross-party backing for debates on renewables over local impact fears
At a packed Inverness meeting, 57 Highland community councils won backing from 11 MPs and MSPs for urgent Holyrood and Westminster debates on renewable energy projects, citing poor planning, weak local benefits, and a lack of democratic say over developments. Watch Fergus Ewing’s impassioned speech here.
Reform tells energy companies to end their reliance on Net Zero
Richard Tice has met with 11 senior energy executives and toldthem that Reform UK would scrap Net Zero, arguing there is no democratic mandate for higher energy costs. During the meeting, he said Reform would prioritise nuclear and gas-fired power to deliver “abundant, reliable, cheap” home-grown energy. In seperate meeting with oil and gas firms, Tice has confirmed he told them to get applications ready for a Reform UK victory at the next general election. He pledges to end punitive taxes and fast-track applications.
Tories seize on EV grant shambles to demand a Net Zero rethink
Labour is under pressure to lower its net zero targets in the wake of a “shambolic” electric car discount scheme that is being slammed by car dealers and industry experts. The Conservatives have called on the government to rethink the policy.
International
Orsted crisis sparks doubts about offshore wind’s long-term viability
Orsted, the world’s largest offshore wind developer, was forcedto launch a $9.4 billion rights issue after a credit downgrade, wiping out all gains since its IPO. The company’s credit rating has been downgraded by S&P to one notch above junk status. Industry analysts say the company's troubles raise questions about the offshore wind sector’s financial resilience and overreliance on subsidies.
Mercedes: EU’s 2035 petrol ban is driving Europe’s car industry into crisis
Mercedes-Benz CEO Ola Källenius says the EU’s 2035 ICE sales ban plus tight net-zero rules are driving the sector toward collapse; urges Brussels to review policy to avoid “driving full speed into the wall.”
Beyond Meat’s future in doubt
Beyond Meat, the plant-based meat substitute manufacturer, is facing serious financial difficulties with Q2 2025 revenue down 19% to $75m, a $34.9m operating loss staff layoffs, and mounting doubts over its viability.
Shell-backed Brazilian biofuel producer seeks cash lifeline
Bloomberg’s Javier Blas reports that Raizen of Brazil, the biofuel producer backed by Shell, is “in active talks” for a capital injection. In early trading, its shares plunged ~15%, and they are down ~85% since the IPO in 2021. Blas said the news was yet another example of ESG imploding.
Tech giants to UK Ministers: relax Net Zero rules or miss out on AI
Tech giants have told ministers that Britain’s AI data-centre boom may require temporary on-site gas generation to overcome high energy costs and grid delays, highlighting tensions between the UK’s Net Zero goals and its ambition to be a global AI leader. Ministers say they aim to meet demand with clean power by 2030 but have not ruled out gas as a short-term fix.
UK deindustrialisation latest: Grangemouth faces closure
Britain’s biggest chemical plant is at risk of closure after surging energy costs and carbon taxes have left it struggling for survival. Despite cross-subsidy from INEOS’s global profits, Sir Jim Ratcliffe’s firm has warned the Olefins and Polymers plant at Grangemouth is under threat if it cannot make a “significant turnaround” in the next few years.
Highland councils win cross-party backing for debates on renewables over local impact fears
At a packed Inverness meeting, 57 Highland community councils won backing from 11 MPs and MSPs for urgent Holyrood and Westminster debates on renewable energy projects, citing poor planning, weak local benefits, and a lack of democratic say over developments. Watch Fergus Ewing’s impassioned speech here.
Reform tells energy companies to end their reliance on Net Zero
Richard Tice has met with 11 senior energy executives and toldthem that Reform UK would scrap Net Zero, arguing there is no democratic mandate for higher energy costs. During the meeting, he said Reform would prioritise nuclear and gas-fired power to deliver “abundant, reliable, cheap” home-grown energy. In seperate meeting with oil and gas firms, Tice has confirmed he told them to get applications ready for a Reform UK victory at the next general election. He pledges to end punitive taxes and fast-track applications.
Tories seize on EV grant shambles to demand a Net Zero rethink
Labour is under pressure to lower its net zero targets in the wake of a “shambolic” electric car discount scheme that is being slammed by car dealers and industry experts. The Conservatives have called on the government to rethink the policy.
International
Orsted crisis sparks doubts about offshore wind’s long-term viability
Orsted, the world’s largest offshore wind developer, was forcedto launch a $9.4 billion rights issue after a credit downgrade, wiping out all gains since its IPO. The company’s credit rating has been downgraded by S&P to one notch above junk status. Industry analysts say the company's troubles raise questions about the offshore wind sector’s financial resilience and overreliance on subsidies.
Mercedes: EU’s 2035 petrol ban is driving Europe’s car industry into crisis
Mercedes-Benz CEO Ola Källenius says the EU’s 2035 ICE sales ban plus tight net-zero rules are driving the sector toward collapse; urges Brussels to review policy to avoid “driving full speed into the wall.”
Beyond Meat’s future in doubt
Beyond Meat, the plant-based meat substitute manufacturer, is facing serious financial difficulties with Q2 2025 revenue down 19% to $75m, a $34.9m operating loss staff layoffs, and mounting doubts over its viability.
Shell-backed Brazilian biofuel producer seeks cash lifeline
Bloomberg’s Javier Blas reports that Raizen of Brazil, the biofuel producer backed by Shell, is “in active talks” for a capital injection. In early trading, its shares plunged ~15%, and they are down ~85% since the IPO in 2021. Blas said the news was yet another example of ESG imploding.
The London-based Net Zero Watch is a campaign group set up to highlight and discuss the serious implications of expensive and poorly considered climate change policies. The Net Zero Samizdat is a newsletter summarising the latest issues - for more information, please visit the website at www.netzerowatch.com.
1 comment:
AI centers needed to control we the people at the expense of we the people need to be "blade runnered" out of existence.
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