Thursday 31st July 2014                 Change text size:

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Anti-wind farm policies may lose votes, poll finds

Political parties that oppose onshore wind farms may lose twice as many votes as they gain, according to the findings of a new survey. The ComRes poll, commissioned by the green energy trade body RenewableUK, asked over 2,000 voters if they would be more or less likely to back...


alan trotter via flickr

China to make electric cars tax-free until 2017

In an effort to reduce pollution and encourage sustainable transport, China has exempted owners of new electric and hybrid vehicles from purchase tax until the end of 2017. Those who buy electric cars and other types of alternative fuel vehicles in China from September, will not have to pay...


cigarette by ducdigital via flickr

Big tobacco giants Reynolds and Lorillard in $56bn merger

American Reynolds and Lorillard are in ongoing talks this week regarding a merger that would redefine big tobacco as a global industry. The move, which would gain the merger a combined market capitalisation of $56 billion (£32b), would bring two of the three largest tobacco operators in the US...


USA-power-plant-by-squeaks2569-via-flickr

Climate change targets may not be enough to prevent 2C global warming

Even if governments can agree on a global pact to cut carbon emissions in a crucial UN summit next year, it may already be too late to prevent the most devastating impacts of climate change, a new study has claimed. Analysts suggest the mitigation strategies and targets that negotiators...


Photo: Andrew and Annemarie via Flickr

Church of England finally cuts ties with payday lender Wonga

The Church Commissioners for England continue to move towards ethical investment as they officially announce that their indirect investment in controversial payday lender Wonga has been removed. The Church of England (CoE) saw mounting criticism in July last year as it was revealed the church had invested parts of...


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Investment sustainability analysis being used to assess countries

Investment groups are responding to the increasing awareness of sustainability opportunities and risks by not only assessing businesses on environmental, social and governance (ESG) factors but also countries. The sustainability of a country can have a huge impact on the businesses operating in the region. For example, water-intensive industries...


Michael Caine

Michael Caine and George Michael join Gary Barlow in Liberty tax avoidance scandal

Sir Michael Caine, George Michael, four members of the Arctic Monkeys and Gary Barlow have all now been accused of avoiding taxes through an investment scheme called Liberty. More than 1,600 people have allegedly tried to shelter a total of £1.2 billion through one of the biggest tax avoidance...


Greg Walters via flickr

Divestment: over 300 churches vote to end fossil fuels investment

The World Council of Churches (WCC), representing 590 million people in 150 countries, has agreed on divesting from firms blamed for worsening climate change, triggering hope that major religious institutions from across the world will follow suit. The WCC is fellowship of over 300 churches, which has previously taken...


epSos.de via Flickr

The UK’s air will remain polluted until 2030, government reveals

The government has revealed that Britain’s largest cities are unlikely to meet EU air quality standards before 2030, retreating from its previous claim that the UK will have clean air by 2025. Legal limits of nitrogen dioxide (NO2) pollution will not be reached in London, Birmingham and Leeds until...


Drax-power-station

Labour promises to invest in carbon capture and storage

The Labour party has pledged to mobilise investment in the development of carbon capture and storage technology (CCS) if it wins the next general election. In a policy position paper published on Wednesday, Labour says that the technology – which has yet to be proven at a commercial scale...


British Province of Carmelites via flickr

Ethical consumerism delivering ‘profitable growth’, says market research

Responsible consumption products, such as organic, fairtrade and natural goods, have conquered a substantial share of the market and are no longer niche products, according to experts in the US. A market analysis, led by Boston Consulting Group and Information Resources Inc., has concluded that ethical products now represent...


Photo: Andrea Vail via Flickr

Archbishop joins F&C at event to mark 30 years of ethical investment

The archbishop of Canterbury Justin Welby has said how ethical investment “changes the future”, at an event marking the 30th anniversary of the UK’s first ethical fund range. Speaking at his official residence, London’s Lambeth Palace, he paid tribute to F&C Asset Management’s Stewardship funds – which launched in...


Photo: Ben Sutherland via Flickr

207 global cities say climate change is a threat to local economy

Most of the world’s major cities, from London to São Paulo, have warned that climate change presents a very real, physical risk to the businesses that operate within them, as part of a major new report. In an urbanised age, cities play a vital role in the global economy....


Photo: Emilian Robert Vicol via Flickr

Norway to reduce harmful greenhouse gas through purchase of certified emission reductions

The Nordic Environment Finance Corporation (NEFCO) has closed its procurement of certified emission reductions (CERs) after successfully contracting 21 million CERs from 13 projects. NEFCO is an international financial institution owned by five Nordic countries. It aims to help the environment and reduce levels of CO2 through financing projects...


science lab by Saint Louis University Madrid Campus via flick

Climate change scientists face ‘credibility challenge’

Climate change scientists face a unique challenge regarding their research and how they live their own lives, especially as their projects face ever increasing pollicisation and criticism, according to a report. The report, co-authored by Chris Foulds, of Anglia Ruskin University, and academics from the Tyndall Centre for climate...


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