Met Office scientists to examine cause of UK extreme weather
Leading scientists from the Met Office are meeting on Tuesday to discuss the unusual weather experienced by the UK over the past two years, and to determine possible correlations with the Arctic ice melt. They will look at recent spates of extreme weather, including the freezing winters of 2010...
BT unveils new initiative to help reduce carbon footprint
Telecommunications giant BT has launched a new initiative that it says will help customers reduce their carbon footprint by “at least three times” its own emissions by 2020. Launching the Net Good framework at the headquarters of the Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA)...
Biofuels not responsible for global hunger, industry tells G8 members
The UK’s biofuels supply chain has launched an appeal to David Cameron, urging him to address the real causes of hunger and not to blame the industry. Lack of infrastructure, education, income and knowledge of agricultural practices should be addressed to improve food availability in poorer countries, according to the biofuel industry. Industry spokesperson Clare...
Gap revealed in UK venture capital market
Start-up businesses in the UK are less profitable than those from the US and this is causing a gap to form in venture capital investment, according to innovation charity Nesta. The organisation’s new study, called Unchaining Investment: Barriers to US venture investment in UK internet and digital business , reveals that the UK has become less attractive...
Defra: climate change abroad will impact UK economy
Changes in the world’s temperatures overseas will in some cases affect the UK economy more than climate change on the country’s doorstep, according to new research commissioned by the Department of Environment, Food and Rural Affairs (Defra). The study, by consultancy firm PricewaterhouseCoopers, is part of the government’s National...
EDF backs single unit price proposals for gas and electricity
EDF Energy announced it would give its backing to proposals by consumer group Which? that would help energy customers find the best deal, by removing complex tariffs and replacing them with a single unit price. EDF – the first of the ‘big six’ suppliers to adhere to the campaign...
We’re still ethical, says Co-op Bank chief after unveiling rescue plan
The Co-operative Bank has unveiled measures to overcome the £1.5 billion shortfall in its balance sheet, but has been urged not to surrender its ethical values in the process. For the first time in its 141-year history, shares in the mutually-owned bank will be floated on the stock market...
Individuals from sustainability space recognised in Queen’s birthday honours
Individuals who have made important contributions to the sustainability sector, the environment and to communities have been recognised in the Queen’s birthday honours list. The Cabinet Office said, “In total, 72% of awards in the birthday honours list are for people who are actively engaged in charitable or voluntary...
Energy saving measures improve the value of properties, government says
Energy efficiency is a key feature in increasing the value of properties in England, according to new research on house sales released by the Department of Energy and Climate Change (DECC). Adding green or energy saving features to houses can bump up their value by 14%, but up to...
G8 2013: Syria, tax and impact investment on the agenda
Leaders from eight of the most powerful nations in the world have begun two days of talks in Northern Ireland, where they will discuss such things as tax transparency and the Syrian conflict as part of the annual G8 summit. The UK is hosting the Group of Eight (G8)...
British councils announce £44m investment in tobacco firms
Recent decisions by councils and pension funds to ignore public health concerns and invest in the tobacco industry are not just unethical; they have very few long-term economic benefits, too. The BBC reported on Wednesday that Somerset, Gloucestershire, Avon and Wiltshire councils had all announced investment in the sector,...
Government lauds UK impact investment as part of solution to African hunger
Five million people in Africa are set to benefit from improved health, education and agriculture, under new schemes designed to encourage private individuals in the UK to invest for environmental or social impact. The Department for International Development (DFID) has said it will pump £50m into the Agricultural Development Company...
Deputy Bank of England governor Paul Tucker to leave after 33 years
Paul Tucker, the Bank of England’s deputy governor for financial stability, has announced his intention to step down from his role later this year, having spent more than three decades at the institution. The Bank said Tucker will “spend a period of time in academia” in the US, after...
RWE Npower director Nina Skorupska to lead renewables trade body
Nina Skorupska, a former RWE Npower director, has been unveiled as the Renewable Energy Association’s (REA) new chief executive, replacing Gaynor Hartnell The organisation raised the curtain on Skorupska at its annual awards dinner in London on Thursday evening. She will begin her role at the end of July....
Tackling tax avoidance could end world hunger, say IF campaigners
A quarter of the money that poor countries lose because of tax dodging multinational companies would be enough to eradicate global hunger by 2025, according to Enough food for Everyone IF campaigners. Spokesperson Melanie Ward said, “Tax dodging is immoral and indefensible wherever it takes place, but in the...
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