Blue & Green Daily: Tuesday 8 July 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.
8 July headlines
Al Gore: climate change is the ‘biggest crisis our civilisation faces’
Climate change is the “biggest crisis our civilisation faces,” says former US vice president Al Gore. Eight years after he released the film An Inconvenient Truth, Gore said the world has come a long way when it comes to awareness of global warming, but there is still much more to be done to find solutions. BBC.
Manufacturers urge action over raw metal prices amid supply worries
Costs for key British industries such as aviation and electronics will soar unless the government takes action over the rising price of raw materials, the UK’s manufacturing body has warned. The price of some materials, such as metals crucial to modern electronics and car manufacturing, have doubled in the past decade, and there is greater volatility in prices for some commodities than at any time in the past century. Guardian.
Dozens of banks spring to life after red tape cut
Dozens of banks are poised to enter the market in the wake of barriers to new entrants being lifted, according to regulators. The Financial Conduct Authority and the Bank of England’s Prudential Regulation Authority said five times as many businesses are currently applying for banking licences as were granted them last year. They added that looser financial requirement for small banks have made it easier for new entrants. Telegraph.
Green goods trade talks set to start
The world’s leading economies are due on Tuesday to launch negotiations to reduce tariffs and other barriers to the global trade for green goods, amid warnings that reaching a deal could be more difficult that first thought. The US, EU, China and 11 other countries announced the push on the sidelines of the World Economic Forum in January. Financial Times.
EDF in line for £800m windfall from subsidy scheme to keep lights on
EDF, which operates most of Britain’s nuclear power stations, could be in line for an £800 million windfall via a loophole in a government subsidy scheme aimed at keeping the lights on at times of peak demand. Ed Davey, the energy and climate change secretary, outlined plans to have power plants to be on standby from 2018 in an effort to deal with peak demand. Telegraph.
Responsible business: making good work pay is next big imperative – Financial Times
Impact investing in India: poised for growth? – CFA Institute
Photo: Sanja gjenero via Freeimages
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