Last week reporters Jillian Ambrose and Damian Carrington published a piece which revealed that biggest oil firms made $93bn in profits in three months amid the war in Iran and the climate crisis. They’re online now to to discuss their story and any other questions you might have

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StanEthel asks: Does anyone in the fossil fuel industry accept responsibility for climate change? If they don’t, how is their denial structured: it’s not happening, it’s someone else’s fault, it’s not our fault?

Damian:

The short answer is no, and a rising tide of lawsuits against fossil fuel companies for their role in the climate crisis means that is unlikely to change anytime soon. The science is ever clearer though. An analysis published last September showed for the first time that carbon emissions from the world’s biggest fossil fuel firms were directly linked to fatal spells of hot weather.

The big oil companies were among the first to realise the dangers of global warming half a century ago. But decades of denial then followed. As the reality of climate crisis has become undeniable, the arguments of the fossil fuel industry have shifted. Gas was cleaner than coal, for example, or that carbon credits from new forests could offset emissions. Today, the industry likes to tout carbon capture and storage (CCS) as a solution. But just this week, one of CCS’s loudest cheerleaders, ExxonMobil, has started a process to sue the European Union which wants to make the company actually store a small amount of CO2.

In the first weeks of the conflict, some predicted that the government’s taxes on North Sea oil and gas would yield a £20bn tax windfall for the Treasury if surging oil and gas prices remained high over the whole year. This is because the government’s windfall tax on North Sea oil and gas, known as the Energy Profits Levy, imposes an effective headline tax rate on North Sea profits of 78%, and the Treasury collects VAT from petrol and diesel sales too.

But prices have not climbed by as much as first feared. So what can we reasonably expect? Before the war, the Office for Budget Responsibility forecast that oil and gas revenues would raise £2.7bn in the 2025/26 financial year. It also suggests that for every $10 increase to the benchmark oil price, the Exchequer can expect an extra £900m in revenue. Meanwhile, every 1p increase in the price of gas hands the Treasury an extra £55m.

Modelling finds AI-driven productivity gains in coal, oil and gas enable more emissions than applications in renewables avoid

AI-driven productivity gains enable more planet-heating pollution from fossil fuels than they avoid from renewables, a study has found.

Researchers modelled the technical potential for AI to boost clean power generation along with projections for how it can help produce coal, oil and gas. Across 64 scenarios, they found net yearly carbon pollution rose by 0.47-1.8 gigatonnes, or about 1-5% of the energy sector’s annual emissions.

In today’s newsletter: As we enter our fifth summer heatwave, Andy Burnham’s government is looking at what the UK should do with its remaining North Sea oil and gas

Good morning. What a difference a new job can make. “To have a shot at staying within 1.5C global warming, we can’t have any new oil or gasfields … It’s irresponsible and shortsighted to be funding new #fossilfuels when we need to be getting to #NetZero.”

This was the 2022 message from Miatta Fahnbulleh, now the secretary of state for energy security and net zero. It’s a testament to her remarkable rise that Fahnbulleh wasn’t even an MP when she posted it four years ago. Today, she is in the cabinet, facing (or is the face of, at least) one of the most challenging, and potentially controversial questions looming for the new government: to drill or not to drill, baby?

Two sites are the focus of fierce debate. Yesterday, a public consultation on whether to greenlight extraction at one of them – Jackdaw – closed. Next Monday, it’ll be the same for the other, Rosebank. Andy Burnham has been silent about the climate crisis since taking office. As we enter yet another heatwave, what his government does next will be a defining signal of intent on the issue.

Colombia | More than 100 people have died after a powerful earthquake struck western Colombia, collapsing and severely damaging scores of buildings in major cities including Cali and Pereira.

UK weather | Almost three-quarters of England is now in drought, with four more regions officially declared, and as much of Europe braces for its fifth climate crisis-driven heatwave this summer.

Crime | Police are investigating whether Joshua Kerry, the man charged with the murder of the former Reform UK and Conservative politician Ann Widdecombe, had any role in an attempted burglary last year at the then London home of Nigel Farage.

China | More than a million people were moved to safety across eastern China by Sunday evening as powerful Typhoon Dolphin made landfall amid fears torrential rain would cause flooding and landslides.

Ukraine | Russia has banned voting against the war in September’s elections, after the supreme court upheld a suit brought by a small pro-Kremlin nationalist party, and stripped voters of their last option on the ballot: Yabloko, the country’s only remaining anti-war party.

Firm urges customers to avoid running washing machines and dishwashers between 6pm and 8pm on Wednesday

• Where in the UK will get the best view of the solar eclipse?

Great Britain’s biggest household energy supplier is calling on its customers to use less electricity this week during the deepest solar eclipse in almost 30 years.

Octopus Energy has urged customers to avoid running washing machines and dishwashers between 6pm and 8pm this Wednesday as the moon is expected to block up to 95% of the sun over parts of Britain.

Power cable linking UK and Ireland now passes near Bronze Age human burial remains instead of fictional grave on Welsh beach

Harry Potter fans have forced a new multimillion-pound power cable between the UK and Ireland to be relocated after complaining it would desecrate the “grave” of Dobby, a fictional elf.

The character was laid to rest on Freshwater West beach in Pembrokeshire, Wales, in the film Harry Potter and the Deathly Hallows. Fans of the wizard series come to leave stones reading “Here Lies Dobby” despite being asked not to by the land owner, the National Trust, because the beach is an ecologically sensitive site.

London mayor points to ‘terrifying scenes’ this summer amid speculation Burnham may back Jackdaw and Rosebank projects

• Sadiq Khan: This burning summer is the proof: the voices of climate denial aren’t just delusional, they’re deadly

Sadiq Khan has called on the government to commit to revamped climate action and to reduce the UK’s reliance on oil and gas, as the UK endures a summer of drought, wildfires and heatwaves.

Writing in the Guardian, the mayor of London said that Andy Burnham’s administration must reaffirm its commitment to net zero and make clear it will continue to reduce the UK’s reliance on oil and gas “to get Britain back on track.”

Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producer

Donald Trump has ordered a new 15% tariff on imported products made of polysilicon, an important ingredient in microchip manufacturing that is primarily produced by China.

The new tariff, which will take effect on 4 December, is aimed at supporting US chip and solar panel supply chains to compete with Beijing on artificial intelligence and energy.

Climate change activists faced up to two years in prison if convicted over blockade of world’s largest coal port

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Police have dropped charges against more than 100 protesters two years after they blockaded the port of Newcastle as part of one of Australia’s largest climate protests.

In the Newcastle local court on Friday, the police prosecutor withdrew charges against 125 protesters. Legal group Climate Defenders Australia, which is representing the bulk of the protesters, said it had petitioned police to do so.

Agreement with RWE is fifth deal Trump team has made with energy companies, offering payouts to give up projects

The German energy company RWE has reached a $1.22bn deal with the US government to relinquish its offshore wind leases and instead redirect funds towards fossil fuel investments.

The agreement marks the fifth deal the Donald Trump administration has struck with energy companies, offering payouts in exchange for abandoning renewable energy projects and redirecting investment towards fossil fuels.

Union says that as a top-rated ethical company, UK’s largest energy firm should welcome its involvement

GMB is pushing for union recognition at the UK’s largest energy company, Octopus Energy, known as a progressive organisation with a focus on renewable energy.

The union is planning to submit a formal proposal for voluntary recognition at the London-based company and says Octopus, as a top rated ethical business, should welcome the involvement of trade unions.

Iran conflict windfall over three months reignites calls for companies ‘cashing in on human misery’ to pay for environmental damage

Eight of the biggest oil companies amassed profits of more than $90bn (£67bn) in just three months as the Iran conflict sent energy prices soaring and the emissions-fuelled climate crisis caused deadly heatwaves.

The windfall war profits have reignited calls for oil and gas supermajors such as Saudi Aramco and BP to pay for the environmental damage caused by “cashing in on human misery” and fund a rapid transition to renewable energy.

John Barstow says oil expansion is a necessity, while David Parker wonders if the prime minister will protect the planet or the fossil fuel industry

North Sea oil expansion is a necessity (Burnham risks first revolt as PM over apparent support for North Sea drilling, 31 July). I state this as an environmentalist – not despite. Oil is a feedstock, not mere fuel. Oil is necessary for the day-to-day maintenance of wind turbines, nuclear plants and rail. Hence oil is part and parcel of supply chains for green tech. A domestic oil base brings such supply chains closer. This also underscores the case for approval of coking coal extraction in Cumbria. Green tech needs high-grade steel and high-grade steel needs coking coal.

There are much better ways of helping the environment, such as more tree planting and stopping plastic waste being dumped into our seas. The carbon sink factor would be helped. A major expansion of the UK’s North Sea oil sector will make a more cohesive UK, complete with more jobs in Scotland and the north of England, including in supply manufacturing chains.

Despite most Australians supporting clean technology, the campaign against wind and solar infrastructure has proven to be effective, striking a chord with many of those living in remote and rural areas. So how do we bring everyone along on the transition to a renewable energy-focused future? And who’s putting up roadblocks?

The Guardian’s environment and climate correspondent Graham Readfearn joins Reged Ahmad to unpack Australia’s relationship with renewables

Read more:

‘Extremely effective’ organised campaigns against wind and solar undermining support for renewable energy

Karl’s ‘great net zero debate’ was anything but – so beware Coalition claims of renewables taking over ‘two Tasmanias’

British cheesemakers have struggled to find a use for the 95,000 tonnes of salty whey they produce every year. But researchers may have come up with a solution

Name: Whey.

Age: As old as milk.

Farms and rooftop panels contribute 14.4% to the grid – and figures reveal a surge in new installations

Solar energy supplied more power to Great Britain’s grid in July than in any previous month as households turned to rooftop panels to cut their energy bills.

Solar farms and rooftop panels provided 14.4% of the country’s electricity after some parts of the UK recorded almost twice the average sunshine hours for the time of year.

Labour MPs fear No 10 team lack up-to-date energy insight and don’t fully recognise voters’ climate concerns

Andy Burnham was told he could face the first revolt of his premiership as Labour MPs and climate experts condemned his apparent support for renewed drilling for oil and gas.

As the UK suffers through drought, fires and heatwaves, the prime minister gave the strongest indication yet on Friday he was minded to allow new drilling. His comments came just hours before the UN secretary-general warned “every new fossil fuel project” made heatwaves more dangerous.

Emergency crews say situation remains ‘dynamic’ as more than 100 firefighters battle Dunwich Heath blaze

A wildfire near Britain’s biggest nuclear power station has caused “total devastation” to one of the UK’s most important landscapes, as fire crews said the situation remained “dynamic”.

More than 100 firefighters have been battling the blaze on Dunwich Heath, near Leiston, on the Suffolk coast since Wednesday evening. The fire service said on Friday afternoon the situation was stabilising but remained a “major incident” that was “dynamic and potentially changeable”.

We would like to hear from people who have recently installed renewable energy sources in their home, or considered doing so

Great Britain has recorded more new solar power installations in the first half of this year than in any six-month period since 2011, with most of the new panels going onto household rooftops rather than large-scale solar farms.

The government’s data also shows a rise in households turning to other low-carbon technology: applications to the boiler upgrade scheme, which offers grants for replacing gas boilers with greener alternatives, reached 4,512 last month – up 21% on June last year – with demand for heat pumps expected to climb further in the months ahead.

Boom in solar farms and home installations in first half of 2026 began shortly after start of US-Israel war against Iran

Great Britain has recorded more new solar power installations in the first half of this year than in any six-month period since 2011, as households turn to rooftop panels to help cut their energy bills.

An analysis of the government’s official figures shows that Great Britain added 142,536 solar installations in the first six months of the year, putting it on track to top last year’s record solar additions.

PM tells reporters the government cannot ignore the energy resource ‘when people are struggling’

Andy Burnham has said he will take a “pragmatic” approach to oil and gas drilling in the North Sea, saying the government could not ignore the potential energy resources it holds.

The prime minister’s comments came in response to a question about his conversation with Donald Trump on his first day in No 10. Trump had said Burnham told him he would “open up” North Sea oil, something the UK summary of the call made no mention of.