Wednesday 27th May 2015                 Change text size:

coal power plant by Emilian Robert Vicol via Flickr

Study: increasing EU carbon price would have ‘extremely limited’ impact on business

Despite claims that increasing the price of carbon in the EU could harm businesses, a new study suggests that this is not the case. According to the paper, even a ten-fold increase in the carbon price is likely to have an “extremely limited” impact on exports and imports.  The...


wind turbine onshore by Attilio Lombardo via Freeimages

Public believes wind subsides are 14 time higher than they are

The UK public believes that subsidies for wind power are over 14 times more than the amount they are in reality, a poll commissioned by trade body RenewableUK found. The poll, conducted by OnePoll, questioned 2,000 UK adults on their opinions of wind energy and how it affects their...


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Sustainability network The Crowd reaches investment target

The Crowd, a network of corporate sustainability experts, has reached its investment target of £300,000 in its equity crowdfunding campaign and is now overfunding to launch two sustainability platforms. The Crowd launched its investment with the aim of raising £300k – £500k through the sale of a 20% stake...


antarctica ice by Liam Quinn via Flickr

Climate march in London set to go ahead this weekend

Despite some issues around policing, the Time to Act march is set to go ahead on Saturday 7 March, with the aim of raising awareness about the challenges of climate change and to urge government to act. Speakers at the event include Green Party MP Caroline Lucas, Labour MP...


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Nominations open for Observer Ethical Awards 2015

Nominations have now opened for the 2015 Observer Ethical Awards, which are celebrating their tenth anniversary. The awards are an annual event recognising businesses, individuals and communities working to improve the environment. The Observer Ethical Awards were set up in 2005 to recognise and reward those in society who...


car fumes by Riley Kaminer via Flickr

Government rejects MPs’ plans for air pollution inquiry

The government has rejected MPs’ calls for a public inquiry into the impacts of air pollution and a change in legislation to prevent schools and care homes being built in pollution hotspots. The move has been labelled as a “failure” to act on an opportunity to address the issue....


boost for offshore Scottish wind - Kim Hansen via Flickr

Policy uncertainty leads to UK slipping down renewable investment rankings

The UK’s top ten position as one of the most attractive destinations for renewable investment is at risk because of policy uncertainty, according to a report from financial advisory firm EY. A “lack of clarity” over the role of renewable energy after May’s general election and uptake of the...


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University of Edinburgh academics call for divestment

The University of Edinburgh is facing calls to divest from the fossil fuel and arms industries following an open letter signed by academics from the institution. The university has one of the largest endowment funds in the UK, totalling £230 million. The letter has been published ahead of a...


santander by Mike Mozart via Flickr

Santander commits to cutting funding for deforestation firm

Multinational bank Santander has pledged to stop financing pulp and paper company Asia Pacific Resources International Ltd (APRIL) because of its unsustainable practices causing the destruction of the Indonesian rainforest. According to Greenpeace, Santander had loaned ten of million of pounds to APRIL, as well as directly brokering syndicated...


antarctica ice by Liam Quinn via Flickr

Study: global warming ‘pause’ caused by natural climate cycles

The so-called global warming ‘pause’ in recent years is likely to have been caused by natural variations in the climate cycle, not a slowdown in man-made climate change, according to a team of scientist. The research, which has been published in Science, notes the importance of ensuring that studies highlight...


Bank of england by Rev Stan via Flickr

Stranded assets and climate change on Bank of England agenda

The Bank of England has acknowledged that climate change could have an impact on the financial markets in a research agenda. The paper also notes that the move to a low-carbon economy could leave fossil fuel assets ‘stranded’. The discussion paper – One Bank Research Agenda – aims to...


power plant emissions by Martin Nikolaj Bech via Flickr

Carbon Tracker launches new tool to manage carbon investment risks

A new tool from the Carbon Tracker Initiative has been launched to help investors challenge fossil fuel company boards over future investment decisions that are high risk when climate change is factored in. The organisation will publish regular Capex Tracker surveys that detail the recent capital expenditure (capex) of...


Prince Charles - John Williams via Flickr

Prince Charles: A healthy planet means healthier people

Prince Charles has likened the planet to a “sick patient” and warned that we may have to issue a “death certificate” if the world does not act on climate change soon, during a speech that noted a healthier environment means healthier people. The Prince was speaking to health experts...


food waste by Jbloom via Flickr

Report: tackling food waste should be a priority

Cutting back food waste could save up to $300 billion (£194bn) each year by 2030 and make a “significant contribution” to climate change mitigation efforts, according to a new report. The report – Strategies to achieve economic and environmental gains by reducing food waste – is from the UK...


another wind turbine by lamoix via Flickr

Government awards £315m in renewable contracts

The government has awarded contracts worth more than £315 million to renewable energy projects. The allocations have been labelled a “milestone” by the renewables industry but the outcome has also faced criticism for the amount awarded to solar. Contracts for difference (CfD) are long-term contracts that help provide stable...




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