Blue & Green Daily: Thursday 16 January headlines
Blue & Green Daily finds and summarises the top sustainability stories around the web every morning. We start with our own picks from Blue & Green Tomorrow.
January 16 headlines
Global investment in clean energy falls for second year running
Global investment in clean energy fell for the second year in a row to $254bn in 2013, new figures show. European investment fell by 41%, partly as a result of declining costs for solar panels and big economies, such as Germany, Italy and France, scaling back government support for new projects. Guardian.
Energy giants’ claims that 5pc is a ‘fair’ profit margin challenged by City analyst
Leading analyst says it is “not clear” why energy giants are claiming that 5-6% is the right retail energy profit margin. He added that comparable sectors have a lower margin of around 2-4%. Labour has said the figures are evidence of “overcharging”. Telegraph.
Shale gas could meet 6pc of European demand by 2035, BP predicts
Shale gas will remain only a “very marginal” contributor to Europe’s energy mix, oil giant BP has predicted. Instead the continent will become even more dependent on gas imports, with levels increasing to 84% by 2035, compared to the 66% today. Telegraph.
Labour promise to limit high street banks is flawed, says Bank of England governor Mark Carney
Last week Ed Miliband said that a Labour government would consider capping the size of British retail banks. The plans would force large retail banks to sell off branches. However, the Bank of England governor said a cap would not result in “substantial improvement to competition”. Independent.
First Commons debate on HS2 bill set to be delayed
MPs are unlikely to hold their first debate on legislation authorising HS2 for another two months because of problems with the consultation process. BBC.
A roadmap for energy efficient neighbourhoods – Green Futures
Taking a Moral Stand in the Investing World – Wall Street Journal
Nobel scientist willing to bet on global warming – Australian
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