Business

Climate change: Offshore wind expands at record low price

Image copyright Getty Images A record amount of new offshore wind power has been announced in the UK – at record low prices. The new projects will power more than seven million homes for as little as £39.65 per megawatt hour. The government says the wind farms represent a breakthrough, typically generating electricity without subsidy. […]

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India delivers surprise corporate tax cuts to boost economy

Media playback is unsupported on your device Media captionWhat cars and underwear say about India’s slowdown India has cut its corporate tax rates in an effort to spur investment and boost growth in the country’s faltering economy. Finance Minister Nirmala Sitharaman said the base corporate tax rate would be lowered to 22% from 30%. The

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Climate change: Firms make green energy vows as call for action grow

Image copyright Getty Images Some of the world’s largest firms including Amazon and Google have committed to big-spending green energy plans as calls for climate action increase. Amazon has pledged to be carbon neutral by 2040 and Google said it would make record renewable energy purchases. The announcements coincide with a day of climate action

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