Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. Britain’s steel industry has warned that it faces more than £150mn in annual costs under government plans to phase out allowances that allow manufacturers to emit greenhouse gases for free. Ministers plan to wind down … Read more
Stay informed with free updates Simply sign up to the Renewable energy myFT Digest — delivered directly to your inbox. Asset manager Brookfield is buying National Grid’s onshore renewables business in the US for $1.7bn, highlighting its confidence in the sector despite President Donald Trump’s anti-green agenda. London-listed National Grid put the business up for … Read more
This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the … Read more
Inspired by an excellent video from the European Space Agency, I wanted to show where the world’s glacial regions are and how much ice loss has occurred in each of them since 2000. To make the animation, I downloaded the geographic information system data for the glaciers from the National Snow and Ice Data Center. … Read more
The US and Europe battled in the UN and G7 over whether to blame Russia for its war against Ukraine, German election winner Friedrich Merz faces serious hurdles to boosting defence spending, and Apple said it planned to hire an additional 20,000 staff in the US over the next four years. Plus, US commodities trader … Read more
A third of the greenhouse gas emissions cuts needed by 2040 must come from consumers, according to the UK government’s climate advisers, who called for an overhaul of home heating systems and warned of higher airfares. The report from the Climate Change Committee outlined sweeping changes needed across the economy from 2038 to 2042, saying … Read more
Stay informed with free updates Simply sign up to the Indian business & finance myFT Digest — delivered directly to your inbox. India’s renewables sector must boost investments and access foreign financing if the world’s most populous country is to meet its target to more than double non-fossil fuel sources of power by the end … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Friday’s blistering spat in the White House produced one winner. On Monday morning, European defence stocks including Germany’s Rheinmetall, France’s Thales and BAE Systems shot through the roof. Expectations of government spending have pumped up … Read more
A Chicago aerospace company is hoping to capitalise on Doge-inspired cost-cutting fervour and persuade the US military to embrace a seemingly surprising practice: buying used spare parts for its commercial-style planes. For years, AAR, which services aircraft for government and commercial clients, has maintained the military could save billions by buying overhauled parts, also known … Read more
