Wednesday 4th May 2016                 Change text size:

Investment headline small

RBS: ‘Sell Everything’

In an apocalyptic note sent to the bank’s clients, RBS’s credit chief has warned of a ‘cataclysmic year’ for stock markets and commodities. The bank’s analysts say markets are exhibiting stress alerts similar to just before the 2008 crisis. Quoted in The Telegraph, the bank’s credit chief, Andrew Roberts,...


coal by oatsy40 via flickr

China Declares No New Coal Mines For Next Three Years

China announced plans recently to halt new coal mine approvals for the next three years, and close 1,000 coal mines as part of its fight against air pollution. The announcement, made in a speech by the Head of China’s National Energy Administration at the annual meeting of energy planners,...


pollution by Monica McGivern via flickr

Carbon Intensive Companies Face Unprecedented Complaints In 2016

Scrutiny of carbon intensive companies’ reporting could mean an unprecedented number of complaints to financial regulators from environmental lawyers ClientEarth in 2016. ClientEarth has said they will be poring over annual reports of carbon intensive UK and EU companies and reporting them to the Financial Reporting Council if they...


Facepalm by hobvias sudoneighm via Flickr

Financial Conduct Authority Quietly Shelves Banking Culture Inquiry

The Financial Conduct Authority (FCA), has shelved plans for an inquiry into the culture, pay and behaviour of staff in banking. The inquiry was going to investigate whether pay, promotion or other incentives contributed to scandals involving banks in the UK and abroad. In May, Reuters calculated that since the...


Ethical Consumer Markets Report 2015

Lower Carbon Choices Drives £38bn Ethical Market Growth

Ethical spending has continued to grow despite difficult market conditions, according to the Ethical Consumer Markets Report released today by Ethical Consumer and Triodos Bank. The value of ethical sales grew by 8%, during a period when inflation barely rose above 0.5%. And the overall value of the ethical...


pension tax - TaxRebate.org.uk via Flickr

Reuters: Seven Investment Banks Pay £20m UK Corporate Income Tax On £3.6b UK Profits in 2014

A Reuters analysis of corporate filings shows seven of the biggest investment banks operating in London paid little or no tax in Britain last year. The seven investment banks – JP Morgan, Bank of America Merrill Lynch, Deutsche Bank AG, Nomura Holding, Morgan Stanley, Goldman Sachs and UBS AG...


Blue & Green Marbles

Most Popular News Articles 2015

In 2015 we published  3,545 articles. This is the year’s top 10 news articles according to the wisdom of the Blue & Green crowd. Our own Marbles Awards, Climate Change Agreements, Market Solutions to Inequality, Dale Vince, Shell and Renewables, Amber Rudd and Energy Policy, Antarctica Ice Shelf Collapse, Pope...


ed miliband 3

#COP21 Ed Miliband: UK Needs Climate “High-Ambition Coalition”

Former Labour Leader Ed Miliband has told the Guardian “We need a high-ambition coalition … to bring together business, trade unions, civil society, religious leaders, scientists because all of them individually express real concern and interest and passion. “The task is to pull this coalition together into a powerful,...


ANZ logo

Post #COP21 Test: ANZ Let Off Hook On Climate By Institutional Investors

The Asset Owners Disclosure Project (AODP) has today questioned global pension funds for their failure to follow through on their own climate change commitments, after the ANZ Bank climate resolution failed to pass yesterday. The Australia and New Zealand Banking Group Limited, commonly called ANZ, is the fourth largest...


Golden Eagle  by Brocken Inaglory via Wikipedia

RSPB Scotland: 779 Protected Birds Of Prey Illegally Killed 1994 to 2014

RSPB Scotland has published a detailed 20 year review of the illegal killing of birds of prey in Scotland, which confirms that 779 protected raptors were illegally killed between 1994 and 2014. In total, 468 birds of prey were poisoned. 173 were shot and 76 were caught in illegal traps....


UK Saudi Lapel Pin

BBC Newsnight: UK Government May Face Legal Action For Weapons Sales to Saudi Arabia

The UK government may face possible court action over the sale of weapons, laser guided missiles, to Saudi Arabia, involved in civilian deaths in Yemen. Watch the programme here. Lawyers for the Campaign Against Arms Trade (CAAT) says the UK has broken domestic, European and International arms trade law....


Amber Rudd by DECC via flickr

Government Heeds Concerns on Solar FiT, But Fails #COP21 Leadership Challenge

New measures to deal with the projected over-allocation of renewable energy subsidies have been announced today, following recent consultations. Renewable energy subsidies are paid for via energy bills through a number of schemes including the Feed-in Tariff scheme and Renewable Obligation scheme. Government decided on a set amount that...


Scottish Parliament building Debating Chamber by PSchemp via Wikipedia

Scottish Budget Fails Cold Home Challenge

Reform of social care will underpin Local Government spending, today’s Scottish budget revealed, as Ministers launched a fundamental realignment of spending on this essential service backed by £250 million of new investment. The move will see fewer people going to hospital to receive care and people spending less time...


Blue & Green Marbles

Blue & Green Launches First Annual Awards: The Marbles

Blue & Green Tomorrow has today launched the Blue & Green Marbles, its annual awards. Next year there will be seven awards. But for the first year to get the ball, or marble, rolling, we are looking for the United Kingdom’s Sustainability Personality of the Year. You can read more...


COP21 - download

#COP21: Barclays, “Investor momentum around portfolio decarbonization will likely continue to build.”

Renewable stocks rose up to 10% yesterday, while Peabody Coal fell 13% to all time low following the Paris Agreement. This is part of a larger reaction from investors and financial analysts – including Barclays – who are warning clients about the long–term signal sent to the markets. According to a...