Skip to main content

Was 2025 the year that business retreated from net zero?

From retailers to banks, carmakers to councils, the bold pledges for carbon-neutral economies are being watered down or scrapped

Almost a year since Donald Trump returned to the White House with a rallying cry to the fossil fuel industry to “drill baby, drill”, a backlash against net zero appears to be gathering momentum.

More companies have retreated from, or watered down, their pledges to cut carbon emissions, instead prioritising shareholder returns over climate action.

Continue reading...

Comments

Post a Comment

Popular posts from this blog

EU carmakers pave way for Chinese rivals as balance in market shifts

Many European motoring manufacturers are in retreat with plants to off–load – while China’s industry is on the march Chinese carmaker Xpeng is on the hunt for a factory in Europe. Volkswagen is aiming to reduce the number of its factories. It seems like it should have been the perfect set-up for a deal. Yet there was one problem with the plant on offer, according to Elvis Cheng, Xpeng’s managing director of north-eastern Europe: “It’s a little bit, I would say, old.” Continue reading...
Post a Comment
Read more

Nissan open to making cars for Chinese partner in Sunderland, says CEO

Ivan Espinosa says UK plant will not be hit by cost cuts as Japanese firm reveals seven factories to close Business live – latest updates Nissan’s new chief executive has said the Japanese carmaker would be open to building cars for a Chinese partner at its factory in Sunderland as he confirmed it would not be closed in a round of deep cost cuts. This week Nissan revealed plans to close seven factories and cut 20,000 jobs after sustaining heavy losses. Continue reading...
Post a Comment
Read more

UK new car buyers drive a bargain as average discount nears £6,000

Motorists benefit as industry offers deals of up to 18% off to attract buyers for petrol, diesel and electric models If you are considering buying a new car, now might be the time to act as new data shows manufacturers and dealers slashing prices by more than 10%, with the average discount close to £6,000. The typical discount available across all petrol, diesel and electric cars sold in the UK is 11.4% of the on-the-road price – the equivalent of £5,911 – according to Insider Car Deals , which sells discount data to people looking to buy. Continue reading...
Post a Comment
Read more