Tuesday 30th June 2015                 Change text size:

power plant emissions by Matt Buck via Flickr

OECD: energy taxes ‘misaligned’ with climate change impacts

Taxes placed on energy are ‘under-utilised’ by governments and too small to have an large impact on climate change, according to analysis from OECD. In a report, OECD argues that governments are failing to use adequately use energy taxes as a tool to curb the environmental consequences of energy...


city of london by Simon Rogers via freeimages

European banks failing to adequately integrate environmental and social risks, says study

Large European banks are failing to factor in the potential risks and opportunities of sustainability issues and the financial impacts, according to a study from KPMG and WWF. The report notes that the lack of awareness is despite growing pressure from investors to be informed of potential risks. The...


landfill by ellesmere FNC + James via Flickr

Circular economy could boost UK GDP by £29bn

Embracing a circular economy in the UK could boost GDP by £29 billion over the next decade, according to research from Imperial College London. The report  – The Circular Economy Revolution – examines the economic benefit of transitioning to an economy that considers the challenge of resource depletion and...


community solar energy partnership - N A I T via Flickr

UN: clean energy investment can support economy more than fossil fuels

Transitioning to renewable energy sources can create more jobs and positively benefit economies, according to a new report. The paper argues that investment in clean energy, rather than fossil fuels, will boost job creation. The research, from the UN Industrial Development Organisation (UNIDO) and the Global Green Growth Institute...


doctors by Fernando AUDIBERT via Freeimages

Climate change a ‘medical emergency’, says study

The threat climate change poses to human health is so great it should be considered a “medical emergency” and has the potential to undermine the last fifty years of gains in development and global health, according to a UCL-led Commission. The research, which has been published in the Lancet,...


Field - JR3 via sxc.hu

Climate finance key to securing strong climate change deal, says Amber Rudd

In order to ensure that a strong climate change deal can be achieved this year it is “absolutely essential” that developed nations demonstrate how they can mobilise climate finance, according the energy and climate secretary Amber Rudd. World leaders, businesses and organisations will meet in Paris later this year...


London - emdoubleyou0 via Flickr

OECD: Large banking sectors fuel inequality and slow growth

Countries with larger banking sectors experience greater inequality and slower economic growth, according to a report published by the Organisation for Economic Co-operation and Development (OECD). A report by the OECD has said that countries that have larger banking sectors have higher levels of inequality and slower rates of...


Bamboo forest by odonata98 via Flickr

Bamboo has the power to transform timber supply chains, says Wiseman

Troy Wiseman, CEO of EcoPlanet Bamboo, has stated that bamboo has the potential to transform timber-dependent supply chains by offering a sustainable solution that can reverse the effects of deforestation while meeting global demand for fibre. The article was published in a climate change focused publication released for the...


Yanis Varoufakis by EU Council Eurozone via Flickr

Greece can ‘forge a good agreement’ says finance minister

Greek finance minister Yanis Varoufakis has insisted that the debt-ridden country can reach a deal, but warned that the Eurozone was “dangerously close” to accepting an accident. Varoufakis warned that the Eurozone was “dangerously close to a state of mind that accepts an accident”. He said, “I urge my...


Aleteia Image Department via flickr

Pope encyclical: we need a new dialogue to shape the future of our planet

Pope Francis has finally released his much-expected encyclical on the environment and climate change, with unprecedented warnings over the use of resources, climate, poverty and sustainable consumption. The encyclical, named Laudato Si’- after the first words of Saint Francis of Assisi’s canticle in which he praised God’s creation –...


perfortunasonosiculo via Flickr

European Commission urged to adopt circular economy measures

MEPs have urged the European Commission to approve a strong and effective package of measures on circular economy by the end of the year, to cut waste and encourage manufacturers to make products more durable. The European Parliament’s Environment Committee has voted in favour of a proposal to cut...


darr via freeimages

Renewables firm Good Energy to accept Bristol Pound

Good Energy, which provides 100% renewable power, has become the world’s first energy company to accept a local currency – the Bristol Pound – for its energy bills. The Bristol Pound (£B) is the UK’s first city-wide local currency, aimed at supporting the local economy. The currency is accepted...


greece flag

Austrian chancellor offers solidarity to Athens

The Austrian Chancellor has said he stands with the Greek people in the face of the rising prospect of Greece defaulting on its debt, saying that proposals by creditors are ‘detrimental to society’. The Austrian Chancellor spoke ahead of his meeting in Athens with Greek prime minister Alexis Tsipras...


europe lights

Airbus will not leave UK in event of Brexit

Aircraft manufacturing company Airbus has ruled out leaving the UK should voters choose to leave the European Union at the referendum. Chief executive of Airbus Fabrice Bregier said that the company has “no intention” of leaving if Brits decide at the polls in 2017 that the UK should terminate...


city skyscrapers by Rob Schofield via flickr

Trickle-down economics dismissed by IMF economists

The International Monetary Fund (IMF) has released a new report that suggests the stagnation of wages for poor and middle class families could have been a factor in the financial crisis. Economists at the lender-of-last-resort produced a report that suggests the widening gap between the highest and lowest earners...



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