Thursday 24th April 2014                 Change text size:

solar farm By mcmees24 via Flickr

Ethical Consumer names ‘best buy’ sustainable investment funds

Sustainable investment funds from WHEB, F&C and Jupiter have been described as “best buys” in a new ranking from Ethical Consumer magazine. Nineteen funds are scored across five broad categories – animals, environment, people, politics and sustainability. The WHEB Sustainability fund came top with a total score of 14...


Nonprofit Organizations via flickr

Son of billionaire tycoon Warren Buffett commits $24m to protect rhinos

The son of US business magnate, investor and philanthropist Warren Buffett has pledged nearly $24m (£14m) for measures to tackle poaching in South Africa, which is driving rhinos to extinction. Howard Buffett said that the sum would help fund a three-year plan in an area of the Kruger national...


Photo- Henrik Ström via Flickr

Wealth inequality costs ‘deeply divided’ UK £39bn a year

The wealth gap in Britain is continuing to widen and is not only having an impact on people’s quality of life but also the economy, two separate studies have found. The first report, from Equality Trust, argues that the social consequences of inequality, including reduced life expectancy, mental health...


Christine Zenino via flickr

Worries over melting of previously ‘stable’ Greenland ice sheet

The last remaining ‘stable’ corner of the Greenland ice sheet is stable no more, with a potentially devastating impact on global sea levels, scientists have found. The Greenland ice sheet – the only ice sheet to exist outside of Antarctica – covers about 80% of the country. Scientists already...


high speed rail

HS2 chair wants project to be completed ahead of schedule

Chair of the HS2 high speed rail line Sir David Higgins has said that the second phase of the project should be finished three years ahead of schedule and proposed a 43-mile extension to reach Crewe, in Cheshire. Higgins says in a new government report that the second phase...


Wind turbine - Walmart Corporate via Flickr

Budget 2014: freezing carbon price floor will impact investment, warns renewables industry

The renewables and nuclear industries have urged the chancellor George Osborne not to freeze a tax on fossil fuels ahead of his annual budget statement on Wednesday. They argue that doing so could have an adverse impact on investment. Osborne is expected to announce a freeze in the carbon...


Ebbsfleet valley by Denna Jones via flickr

‘Garden city’ to provide 15,000 homes in Ebbsfleet, Kent

The chancellor George Osborne has confirmed plans for a new 15,000 home ‘garden city’ in Ebbsfleet, Kent, in an attempt to help solve Britain’s housing crisis. The government will invest £200m in a project that has been expected for some time. The area on the Thames Gateway has a...


Roger Wollstadt via flickr

Paris bans half of cars from its roads to tackle pollution

Paris has introduced a system to cut the number of cars on its roads, in an effort to reduce pollution levels which have been extremely high over the past five days. Citizens will be allowed to drive in the French capital according to their cars’ number plates – alternating...


London skyline - Stephane Goldstein via Flickr

Britain lagging behind others on ‘economic literacy’

The UK lags behind many other countries when it comes to economic literacy, according to new research. The Social Economy Alliance said the gap must be urgently tackled as it has “serious implications” for the country’s economic recovery. A survey carried out by the organisation found that just 48%...


Photo - PocketAces va sxc.hu

Investors to invest more in 2014 – but still failing to consider the long-term

Investors worldwide are expecting to invest more money over 2014 with almost half doing so for pension and retirement savings. However, the majority are failing to consider the long-term, according to a new report. The Global Investment Trends Report from investment firm Schroders questioned over 15,000 investors from 23...


euros by Images Money via flickr

Report: responsible investment ‘increasingly important feature’ across EU

The European Union should support self-regulatory initiatives on transparency and highlight the benefits of responsible investment, the European Fund and Asset Management Association (EFAMA) has said. In its 2014 responsible investment report, the organisation said it recognises the need for the investment management industry to play its part in...


Photo: Maria Katrin via stock.xchng

Climate change denial should be considered ‘criminally negligent’

Organised campaigns that spread inaccurate information about climate change science should be considered as being criminally negligent and showing a “willful disregard for human life”, an academic has said. In an article published by the Conversation, Lawrence Torcello, an assistant professor of philosophy at Rochester Institute of Technology who...


Photo: TheFriendlyFiend via flickr

Bogus green investment firm, offering 800% returns, shut down by High Court

A company that claimed to be selling biofuel technologies while promising an 800% return on investment has been shut down by the High Court. After an investigation by the Insolvency Service, Greenwave Bio was ruled to simply be a “scam”. Investigators said the boiler room operation cold called UK...


Photo: Kiskadee 3 via Flickr

Animals avoid power cables because of invisible UV light

New research has revealed that animals tend to avoid high voltage power lines because of ultraviolet (UV) flashes that humans cannot see.  Scientists had already noted that animals prefer not to stay close to power cables, but have not been able to explain the reason behind this behaviour until...


co-op food

Lord Myners: Co-op Group needs ‘urgent’ action to become sustainable

Lord Myners, financial services secretary in Gordon Brown’s government, has said the Co-operative Group must take “urgent steps” in order to generate “sustainable economic value” in the future. In a progress update of his review of the troubled group, he called for “radical governance reform” or else risk running...


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