Blue & Green Daily: Tuesday 28 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.
28 January headlines
Oil prove volatility undermines economic growth, says Sir David King
Governments need to deter oil speculators, set aside reserves of crude oil and take steps urgently to reduce their dependence on fossil fuels in order to escape price volatility that undermines stable economic growth, according to a new report. Guardian.
Somerset Levels flood-stricken residents heckle Owen Paterson
Flood-stricken residents on the Somerset Levels have claimed they are enduring developing-world conditions as the government said it would work with local authorities and agencies to tackle the problem, but gave no firm promise of extra money. Guardian.
Scottish independence vote a risk to North Sea investments
UK energy minister Michael Fallon has warned that uncertainty over the outcome of the referendum on Scottish independence was already hitting investment in the North Sea. The warning comes as the government opens up a new licensing round. Telegraph.
RBS heads for £8bn loss as it takes fresh £3bn provision
The Royal Bank of Scotland is facing fresh concerns about its capital position after it was forced to set aside an extra £3bn to cover the cost of litigation and compensation, highlighting how the state backed bank is still haunted by pre-crisis transgressions. Financial Times.
True greens should embrace fracking, says minister
According to the energy minister true greens should embrace fracking for shale gas in order to combat climate change. Greg Barker added that ideological convictions, rather than sound science, motivated anti-fracking campaigners. Guardian.
Let’s prosper on the winds of change – Scotsman
Europe still sets the standard for a low carbon future – Financial Times
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