Tuesday 4th August 2015                 Change text size:

Ian Barbour via Flickr

Australian religious leaders call for greater emissions reduction targets

Anglican, Hindu and Buddhist leaders have written to members of the Australian Parliament asking for ambitious post-2020 emissions reduction targets, which are a ‘moral imperative’ to protect future generations. In a letter to members of the Parliament a group of leaders from various religious traditions has urged the country...


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Revolutionary Pavegen one step from getting funded on Crowdcube

Clean tech company Pavegen, which converts kinetic energy from footsteps into renewable electricity, has nearly reached its £750,000 target on investment platform Crowdcube. London-based firm Pavegen uses footsteps of the public in shopping centres, airports and other public spaces to generate electricity through specific tiles. The energy can then...


Wojtek Szkutnik via flickr

FBI arrests Fifa officials over “rampant, systemic and deep-rooted corruption”

US prosecutors have accused nine senior Fifa officials of running a $150 million fraud through a “rampant, systemic and deep-rooted” corruption network to “acquire millions of dollars in bribes and kickbacks”. US attorney general Loretta Lynch explained that those arrested, who include former Fifa vice-president Jack Warner and five...


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Norwegian Parliament urges sovereign wealth fund to dump coal investment

Despite unanimous recommendation by the Finance Committee of the Parliament to divest from coal, the world’s richest sovereign wealth fund has increased investment in the sector, according to a new analysis. The committee invited the government to exclude firms deriving more than 30% of their profit or their power...


High Ratings

EU to continue Amazon investigation despite tax changes

The European Commission has said that it will push ahead with an investigation into Amazon’s past conduct in relation to tax, despite changes being announced by the multinational firm. Amazon has come under fire in recent years for its tax affairs, with MPs blasting the firm – along with Google...


pylon power

Energy industry calls for new climate targets

Leaders within the energy industry have said that uncertainty in energy policy has hampered low-carbon growth, calling for clear long-term targets to avoid dangerous climate change. Energy leaders have said that climate change must be a long-term factor in energy policy ahead of a conference of world leaders in...


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Queen’s Speech: ‘worrying omission’ of climate change action

The Queen will formally open the next Parliamentary year at the Palace of Westminster on Wednesday, setting out the Conservative government’s agenda for the next 12 months. But there are concerns that the speech will do little to mitigate the effects of climate change or invest for the future....


greece flag

Greece insists it will maintain debt repayments

The Greek government has repeated its pledge to stick to debt repayment plans, just days after the Interior minister warned that the country was fast running out of funds. There has been much speculation about how the debt-ridden country will keep to its commitments with EU and IMF creditors...


Axa wealth

Axa to triple green investments

Axa has announced its intention to triple its investments in green technologies and to divest funds from coal investments, citing concerns over climate change as one of the driving factors of the decision. The French insurance firm said that it would cut its exposure to the coal industry and...


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Former trader Libor trial begins

A former trader for UBS and Citigroup is the first to face a criminal court over his alleged role in the Libor scandal that has undermined the integrity of banks in recent years. Tom Hayes will appear at Southwark Crown Court on Tuesday in what is the first trial...


electricity meter By James Burrell via Flickr

Ofgem to investigate prepayment meters

Prepayment meters are to be investigated by the energy watchdog Ofgem after a freedom of information request found half a million were ‘forcibly’ installed in homes across the UK in the last six years. Prepayment meters help some people to manage a budget, according to the industry body Energy...


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Oxford graduates ‘give back’ degree to protest over fossil fuels investment

Almost 70 Oxford alumni have symbolically handed back their degrees to criticise the university’s weak policy on fossil fuels investment – which excludes only direct investment in oil sands and coal but fails to address other money invested in unsustainable sources of energy. Oxford University announced last week it...


Soham Banerjee via flickr

Deadly heatwave in India kills more than 500 people

Some parts of the country are hitting 45C, leaving many people in the most isolated areas dead by heatstroke and extreme dehydration. Authorities say the heatwave might last for another 48 hours. Areas hit by the high temperatures include Delhi, Palam, Uttar Pradesh and southern states of Andhra Pradesh...


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17 more women needed as FTSE 100 directors to hit the 25% target

With head of retail banking at Lloyds Alison Brittain becoming chief executive of Costa Coffee and Whitbread, the UK is on track to meet the 25% target of female board directors set by the government by the end of the year. Alison Brittain – who has had a long...


Patrick Finnegan via Flickr

Last day to vote for the Observer Ethical Awards

Today is the last chance to have your say on Britain’s most ethical companies and individuals for 2015 and win prizes. The Observer Ethical Awards wants to celebrate those fighting for environmental and social justice in the UK and elsewhere. Categories include campaigner of the year – with Naomi...



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