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            Net Zero Watch press release 15 August 2025 Orsted turmoil tops week of energy and industry unrest The headlines UK Tech giants to UK Ministers: relax Net Zero rules or miss out on AI UK deindustriali
        
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'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;">Tech giants to UK Ministers: relax Net Zero rules or miss out on AI</p></li><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;"><p class="" style="color:inherit;font-size:1em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;">UK deindustrialisation latest: Grangemouth faces closure</p></li><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;"><p class="" style="color:inherit;font-size:1em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;">Highland councils win cross-party backing on renewables over local impact fears</p></li><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;"><p class="" style="color:inherit;font-size:1em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;">Reform tells energy bosses to end their reliance on Net Zero</p></li><li style="font-weight:normal;margin-top:0px;margin-bottom:0px;margin-left:15px;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;"><p 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      <h3 style="color:inherit;margin:1.414em 0 .5em;font-weight:400;line-height:1.25em;font-size:1.9993959999999997em;mso-line-height-alt:1.9993959999999997em;margin-top:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;letter-spacing:0em;">UK</h3><h4 style="color:inherit;margin:1.414em 0 .5em;font-weight:400;line-height:1.25em;font-size:1.414em;mso-line-height-alt:1.414em;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;letter-spacing:.02em;">Tech giants to UK Ministers: relax Net Zero rules or miss out on AI</h4><p class="" style="color:inherit;font-size:1em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;">Tech giants have <a href="https://www.politico.eu/article/uk-ai-energy-council-climate-change-gas-data-centers/" rel="nofollow" style="color:#858585 !important;">told</a> ministers that Britain’s AI data-centre boom may require temporary on-site gas generation to overcome high energy costs and grid delays, highlighting tensions between the UK’s Net Zero goals and its ambition to be a global AI leader. Ministers say they aim to meet demand with clean power by 2030 but have not ruled out gas as a short-term fix.</p><h4 style="color:inherit;margin:1.414em 0 .5em;font-weight:400;line-height:1.25em;font-size:1.414em;mso-line-height-alt:1.414em;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;letter-spacing:.02em;">UK deindustrialisation latest: Grangemouth faces closure</h4><p class="" style="color:inherit;font-size:1em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;">Britain’s biggest chemical plant is <a href="https://www.telegraph.co.uk/business/2025/08/11/britains-biggest-chemicals-plant-at-risk-of-closure/" rel="nofollow" style="color:#858585 !important;">at risk</a> of closure after surging energy costs and carbon taxes have left it struggling for survival. Despite cross-subsidy from INEOS’s global profits, Sir Jim Ratcliffe’s firm has warned the Olefins and Polymers plant at Grangemouth is under threat if it cannot make a “significant turnaround” in the next few years. </p><h4 style="color:inherit;margin:1.414em 0 .5em;font-weight:400;line-height:1.25em;font-size:1.414em;mso-line-height-alt:1.414em;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;letter-spacing:.02em;">Highland councils win cross-party backing for debates on renewables over local impact fears</h4><p class="" style="color:inherit;font-size:1em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;">At a packed Inverness meeting, 57 Highland community councils <a href="https://www.ross-shirejournal.co.uk/news/highland-community-councils-persuade-11-mps-and-msps-to-take-389557/" rel="nofollow" style="color:#858585 !important;">won</a> backing from 11 MPs and MSPs for urgent Holyrood and Westminster debates on renewable energy projects, citing poor planning, weak local benefits, and a lack of democratic say over developments. Watch Fergus Ewing’s impassioned speech <a href="https://x.com/NetZeroWatch/status/1955948328753225823/video/1" rel="nofollow" style="color:#858585 !important;">here</a>. </p><h4 style="color:inherit;margin:1.414em 0 .5em;font-weight:400;line-height:1.25em;font-size:1.414em;mso-line-height-alt:1.414em;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;letter-spacing:.02em;">Reform tells energy companies to end their reliance on Net Zero</h4><p class="" style="color:inherit;font-size:1em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;">Richard Tice has met with 11 senior energy executives and <a href="https://www.telegraph.co.uk/politics/2025/08/08/reform-energy-bosses-end-reliance-net-zero/" rel="nofollow" style="color:#858585 !important;">told</a> them that Reform UK would scrap Net Zero, arguing there is no democratic mandate for higher energy costs. During the meeting, he said Reform would prioritise nuclear and gas-fired power to deliver “abundant, reliable, cheap” home-grown energy. In seperate meeting with oil and gas firms, Tice has <a href="https://www.telegraph.co.uk/business/2025/08/15/net-zero-delusion-has-broken-britains-energy-system/" rel="nofollow" style="color:#858585 !important;">confirmed</a> he told them to get applications ready for a Reform UK victory at the next general election. He pledges to end punitive taxes and fast-track applications.  </p><h4 style="color:inherit;margin:1.414em 0 .5em;font-weight:400;line-height:1.25em;font-size:1.414em;mso-line-height-alt:1.414em;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;letter-spacing:.02em;">Tories seize on EV grant shambles to demand a Net Zero rethink</h4><p class="" style="color:inherit;font-size:1em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;">Labour is under <a href="https://www.telegraph.co.uk/news/2025/08/14/labour-lower-net-zero-targets-ev-shambles/" rel="nofollow" style="color:#858585 !important;">pressure</a> to lower its net zero targets in the wake of a “shambolic” electric car discount scheme that is being slammed by car dealers and industry experts. The Conservatives have called on the government to rethink the policy.  </p>
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      <h3 style="color:inherit;margin:1.414em 0 .5em;font-weight:400;line-height:1.25em;font-size:1.9993959999999997em;mso-line-height-alt:1.9993959999999997em;margin-top:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;letter-spacing:0em;">International</h3><h4 style="color:inherit;margin:1.414em 0 .5em;font-weight:400;line-height:1.25em;font-size:1.414em;mso-line-height-alt:1.414em;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;letter-spacing:.02em;">Orsted crisis sparks doubts about offshore wind’s long-term viability</h4><p class="" style="color:inherit;font-size:1em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;">Orsted, the world’s largest offshore wind developer, was <a href="https://www.bloomberg.com/news/articles/2025-08-15/orsted-s-worst-week-on-record-hints-at-more-volatility-to-come" rel="nofollow" style="color:#858585 !important;">forced</a> to launch a $9.4 billion rights issue after a credit downgrade, wiping out all gains since its IPO. The company’s credit rating has been <a href="https://x.com/JavierBlas/status/1956240506645610994" rel="nofollow" style="color:#858585 !important;">downgraded</a> by S&amp;P to one notch above junk status. Industry analysts say the company's troubles raise questions about the offshore wind sector’s financial resilience and overreliance on subsidies.  </p><h4 style="color:inherit;margin:1.414em 0 .5em;font-weight:400;line-height:1.25em;font-size:1.414em;mso-line-height-alt:1.414em;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;letter-spacing:.02em;">Mercedes: EU’s 2035 petrol ban is driving Europe’s car industry into crisis</h4><p class="" style="color:inherit;font-size:1em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;">Mercedes-Benz CEO Ola Källenius <a href="https://www.telegraph.co.uk/business/2025/08/11/petrol-ban-europe-car-industry-into-crisis-mercedes/" rel="nofollow" style="color:#858585 !important;">says</a> the EU’s 2035 ICE sales ban plus tight net-zero rules are driving the sector toward collapse; urges Brussels to review policy to avoid “driving full speed into the wall.”</p><h4 style="color:inherit;margin:1.414em 0 .5em;font-weight:400;line-height:1.25em;font-size:1.414em;mso-line-height-alt:1.414em;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;letter-spacing:.02em;">Beyond Meat’s future in doubt</h4><p class="" style="color:inherit;font-size:1em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;">Beyond Meat, the plant-based meat substitute manufacturer, is <a href="https://www.independent.co.uk/life-style/beyond-meat-financial-report-bankruptcy-b2805751.html" rel="nofollow" style="color:#858585 !important;">facing</a> serious financial difficulties with Q2 2025 revenue down 19% to $75m, a $34.9m operating loss staff layoffs, and mounting doubts over its viability. </p><h4 style="color:inherit;margin:1.414em 0 .5em;font-weight:400;line-height:1.25em;font-size:1.414em;mso-line-height-alt:1.414em;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;letter-spacing:.02em;">Shell-backed Brazilian biofuel producer seeks cash lifeline</h4><p class="" style="color:inherit;font-size:1em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;">Bloomberg’s Javier Blas <a href="https://x.com/JavierBlas/status/1956017423892492623" rel="nofollow" style="color:#858585 !important;">reports</a> that Raizen of Brazil, the biofuel producer backed by Shell, is “in active talks” for a capital injection. In early trading, its shares plunged ~15%, and they are down ~85% since the IPO in 2021. Blas said the news was yet another example of ESG imploding.  </p>
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