Saturday 1st October 2016                 Change text size:

paris-by-roger-wollstadt-via-flickr

‘Truly Remarkable’ News of Ratification of Paris Agreement

Director of the Energy and Climate Intelligence Unit (ECIU) has commented on the news that ratification of the Paris Agreement has been approved my EU Ministers in the European Union . He said that the speed at which the deal is being approved is ‘truly remarkable’. “Be in no...


edf

EDF’s Ratings Downgraded From A3/P-2 By Moody Showing A Stable Outlook

The long-term issuer and senior unsecured ratings of Électricité de France (EDF) have today been downgraded by  Moody’s Investors Service (Moody’s) from A3 from A2, together with its perpetual junior subordinated debt ratings to Baa3 from Baa2. Today’s rating downgrade reflects Moody’s view that the action plan announced by EDF in April 2016, which includes government...


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‘Blackout Britain’: Response To The CPS Report

The Energy and Climate Intelligence Unit (ECIU) have responded to a report from the Centre for Policy Studies (CPS) which states that policies supporting renewable energy demonstrate poor value for money and if coal power is phases out, this increases the risk of power cuts. Richard Black, director of the ECIU, said that...


stock-exchange-by-divya-thakur

First Green Exchange Launched In Luxembourg

The Luxembourg Stock Exchange (LuxSE) has become the first global stock exchange to bring in a platform for green financial instruments. Branded Luxembourg Green Exchange (LGX), it goes live today. Access is limited to issuers who comply with stringent eligibility criteria. The platform aims to set a new benchmark for the...


lightbulb

Energy Policy By Federal Government Is All Politics, No Plan Says Grattan Institute

It doesn’t happen very often that an economically conservative think tank has outrightly criticises a conservative government for its lack of policy direction. That is exactly what has happened today with a new Grattan Institute report describing South Australia’s power shock in July as a “canary in the coalmine” that...


bologna-university-students-by-michele-ursino-via-flikr

Baby Boomers Had 4 Million Vote Ballot Box Advantage Over Millennials At Last Election

Due to the high turnout and overall larger population, the baby boomers had a four million ballot box advantage over millennials at the 2015 General Election, thus highlighting a democratic imbalance that should concern all political parties. This is according to new analysis published today by the Resolution Foundation as part...


water-flowing-by-luke-adderson

Toxic Water Scheme Causes Hundreds To Rally

The World Bank has shaped the Nigerian water sector has persisted with numerous failed water privatisation initiatives for decades, causing yet more controversy. In Lagos, ongoing street protests, global pressure from public officials (including members of the U.S. Congressional Black Caucus and the United Nations Special Rapporteur on the human right to water), and...


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Bottom Of The Class For ‘Two-Faced’ World Bank In Climate Change Scorecard

Development charity Christian Aid has graded the World Bank ‘F’ as part of the climate impact of the world’s multilateral investment banks. Coming in last place, the World Bank was criticised for spending more on fossil fuels than clean energy, for its continued funding for exploration of yet more fossil fuels...


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Divide Highlighted Between Resilient Consumers and Nervous Businesses

The latest economic assessments published today by the Bank of England, ONS and OECD highlighted the divide between nervous businesses and resilient consumers. Commenting on the latest economic assessments, Matt Whittaker, Chief Economist at the Resolution Foundation, said: “The range of expert economic assessments published today – while appearing...


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New IBE Briefing Looks At Role of Business Ethics and Sports Governance

At a time where sport is becoming more and more of a big business that results in billions of dollars, the question of governance and ethics has never been so crucial. A new IBE Briefing looks at the role of sporting governing bodies in embedding the sport’s core values, both at...


Numbers And Finance

Business For Purpose Conference To Be Co-hosted At London Business School

London Business School Leadership Institute and Blueprint for Better Business are hosting a key interdisciplinary academic conference on business purpose which is taking place on 16/17th September 2016. It is a two-day event in which academics from around the world, including economists, neuroscientists and philosophers will explore the latest evidence on how purpose...


times-sqaure-crowd-by-divya-thakur-via-flikr

Campaigners Claim New Boundaries Will ‘Skew Our Democracy’

The Electoral Reform Society has stated that constituency boundaries should be drawn on the basis of population rather than an incomplete electoral register.  On the day that the Boundary Commission released its provisional proposals for redrawing constituencies, the ERS has found that both London and the South East are...


enrgy-saving-bulb-by-liz-west-via-flickr

Cuts To ARENA Funding Is Proof Of Ideological War On Renewables By Coalition

Australian Renewable Energy Agency (ARENA) will lose $500million in funding which is more evidence of the unrelenting ideological war on renewables created by the Coalition. “ARENA is a critical engine for innovation, for the transformation of our energy system and for the places across Australia that benefit from the projects they fund,”...


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Half Of Zero Hours Contract Workers Increase Is Among People Aged 25 Plus

The Resolution Foundation responded to the most recent ONS figures by stating zero hours contracts have gone beyond the student job market, with half of the increase attributed to workers aged 25 and over. The figures also reveal that the number of people on zero hours contracts has risen...


Christian Aid by NCVO London via Flikr

To Retain Climate Credibility UK Government Must Ratify Paris Agreement

Following the debate in parliament on ratifying the Paris Agreement, Christian Aid has warned the Government if it delays then it runs the risk being left out in the cold.  Mohamed Adow, Christian Aid’s Senior Climate Advisor, said: “Early ratification of the Paris Agreement will strengthen the UK’s international credibility and...