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RWE commits to becoming carbon neutral by 2040

Nick Palmer Senior Writer

RWE commits to becoming carbon neutral by 2040 RWE has revealed its intention of becoming carbon neutral by 2040. Announced on Monday 30 September, RWE decreased its emissions by one-third from 2012 to 2018, showcasing a decline of 60mn metric tons, where an additional reduction of approximately 70% is envisaged by 2030. The company will also decommission its last coal-fired power station in the UK, place investment in storage, biomass and gas-fired power stations primarily fired by green gas and deliver an annual €1.5bn in net capital expenditure for offshore and onshore wind turbines, as well as photovoltaics and storage. RWE YouGov: almost half of businesses are planning to become net zero within a decade According to a YouGov poll, 46% of businesses in the UK are planning to become net zero within the next 10 years. Published on Monday 30 September, the poll found that, of the 502 business people surveyed, 6% of them are planning for their businesses to become carbon neutral within the next six months, 8% within the next year, 14% in the next two to three years, 11% in the next five years and 7% in the next 10 years. It was also found that 8% are already net zero. The poll found that 14% don’t know if they are planning to become carbon neutral and 31% of businesses have no plans to become carbon neutral. YouGov Foresight Solar Fund Ltd proposes placing of ordinary shares On Tuesday 1 October, the Board of Directors of Foresight Solar Fund Limited announced its intention to issue new ordinary shares by way of placing. The placing ...

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