Church of England to pull investment from fossil fuel companies June 22, 2023 The Church of England is pulling its investment from fossil fuel companies because they are failing to align with the Paris Agreement, the Archbishop of Canterbury has said. By the end of the year, the Church said it will have removed its £10.3 billion endowment fund from all oil and gas companies unless they are [...]
Available LME copper stocks fall to the lowest since 2021 June 22, 2023 Copper available to the market in London Metal Exchange fell to the lowest level since October 2021, data from the exchange showed.
Good Energy snaps up solar panel specialist amid record installations June 22, 2023 Good Energy has snapped up solar and storage business Wessex Eco Energy as it looks to harness record solar panel installations.
‘Totally without merit’: Judge rejects environmental challenge against Sizewell C nuclear plant June 22, 2023 The government's decision to grant development consent for the Sizewell C nuclear plant was lawful, a high court judge has ruled.
Oil prices rebound as the Fed commits to inflation battle June 22, 2023 Oil prices are rising amid a sustained hawkish approach from the Federal Reserve raising hopes of an economic revival in the US.
Unleash private investment for green projects or miss net zero goals, MPs warn June 21, 2023 The government must do more to unlock private investment or risk missing its decarbonisation goals, MPs have warned.
Nickel crisis: LME faced ‘unprecedented circumstances’, lawyer claims June 21, 2023 The LME argues it was justified in closing the market and cancelling trades because $19.7bn of margin calls would have created systemic risk.
Gemfields unveils bumper £63.1m sales as rubies prove recession resistant June 21, 2023 Gemfields has announced a hefty hike in revenues at its latest ruby auction, with buyers embracing coloured gemstones.
Gas prices rise in UK and Europe on surging summer demand for air conditioning June 21, 2023 Soaring demand for air conditioning across Europe has contributed to the latest spike in gas price, experts suggest.
Rosebank: UK’s largest undeveloped oilfield set to be approved by regulators within weeks June 21, 2023 The UK’s largest undeveloped fossil fuel field, is set to be approved by regulators within the next two weeks, City PM understands.
