Cuckoo James

The U.K. government aims to attract private investment of 4 billion British pounds sterling ($5.51 billion) in blue and green hydrogen production, distribution, storage and consumption, primarily in the nation's industrial heartlands, via plans outlined in its much-awaited and much-delayed Hydrogen Strategy. The crux of the blueprint is to "learn by doing" during the embryonic 2020s, with potential for rapid expansion post-2030.

LONDON (ICIS)--An independent think-tank has prompted investors in the refining industry to reassess risks from clean technologies and climate regulations and to be wary of future investments as falling demand for oil could halve the industry's earnings by 2035. “We consider that prospective investors should be wary of all new refinery investments, whether the build out of greenfield capacity or upgrades and expansions to existing facilities,” the financial think-tank Carbon Tracker said.