Tuesday 23rd September 2014                 Change text size:

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Wind investment opportunity offers better return than best savings rate

Investors could get a better return on their money through investing in a wind turbine project on crowdfunding platform Trillion Fund than placing their money in a fixed rate savings account. The E2 Energy investment opportunity is currently offering investors a chance to make a fixed 7.5% return a...


Yves Jusot via flickr

Green Investment Bank to fund biomass project at Scottish whisky distillery

The UK Green Investment Bank (GIB) has announced its third investment into the Scottish distillery industry, unveiling plans for a biomass boiler in the Speysid’s  Balmenach distillery in the Scottish Highlands, as part of a £5 million investment. The project has so far involved other two distilleries, Tomatin near...


Photo: National Trust North News

National Trust sees hydropower return after more than 130 years to Victorian site

Actor Robson Green launched the return of hydropower at the large country house, Cragside, on Tuesday. The green energy installation moves forward with the National Trust goal of generating half its energy from renewables by 2020. The Victorian house, nestled in the countryside of Northumberland, was the first house...


EvoEnergy at BMW

BMW robots now powered by EvoEnergy 3MW solar array

East Midlands-based EvoEnergy has completed works on a 3 megawatt (MW), 11,500 panel rooftop solar array that will power over 1,000 BMW production robots at its MINI factory in Oxford. Covering 20,000 square metres, the unit is one of the largest solar rooftop-farms in the UK, cutting BMW’s carbon...


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Breakdown of business ethics destroying shareholder value, says Ecclesiastical

An insight from Ecclesiastical demonstrates the impact corporate misconduct can have on shareholder value. According to the report, corporate businesses in the US and UK have wasted $150 billion (£88.5bn) over the past five years. The insight suggests that there has been a widespread breakdown in business ethics and...


oxford street by oatsy40 via flickr

Diesel drivers face environmental penalties to cut pollution levels

Owners of diesel cars could face higher road taxes and increased fines when entering Britain’s cities, in a move to lower city pollution levels under fresh calls to adhere to European emission targets. London, which has faced increasing criticism to manage its internationally infamous pollution levels, plans to charge...


tar sands by Howl Arts Collective via flickr

South Portland council blocks export of polluting tar sands oil

Environmentalists from across the US have welcomed the decision made by the council of South Portland in Maine, US, to block exports of controversial Canadian tar sands oil from being shipped through the city. Last week, the city council voted 6-1 in favour of a ban on heavy crude...


Mike Mozart  via flickr

Food company General Mills commits to fight climate change

The food and drink multinational has published a new climate policy promising to reduce greenhouse gas emissions from its operations and suppliers, cut food waste and engage with governments and NGOs to promote climate action. In its new policy on climate, the food giant said, “As a global food...


Photo: Corey Leopold via Flickr

New Zealand’s glaciers show decline due to global warming

The Southern Alps mountain range in New Zealand has seen a loss of ice volume by 34% since 1977. Researchers have blamed the rapid loss on rising global temperatures and say this is a growing trend. Researchers looked at data taken from the annual summer surveys by the National...


jail bankers by William Murphy via flickr

Bankers should take ‘moral oath’ in order to regain public trust

In a report listing details on how the financial industry can reform effectively, a ‘banker oath’, similar to the Hippocratic Oath for doctors, has been recommended in order to uphold levels of financial behaviour. The report, entitled Virtuous Banking: Placing ethos and purpose at the heart of finance, by...


Photo: Guy Freeman via Flickr

BP profits rise but fears over economic sanctions on Russia grow

Oil and gas giant BP reported a rise in second quarter profits on Tuesday, but has warned that further growth may be hit by proposed economic sanctions upon Russia. BP’s underlying replacement cost profit– which accounts for changes in oil prices - reached $3.6 billion (£2.1bn) for the second quarter....


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No reason to doubt credibility of IPCC report, MPs say

MPs on the Energy and Climate Change Committee have scrutinised the processes of the Intergovernmental Panel on Climate Change (IPCC) and concluded that its findings are “robust” and there is “no reason” to doubt its credibility. The committee has therefore called on policymakers to act on the IPCC’s warnings....


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Mark Carney: Lloyds’ behaviour ‘clearly unlawful’

Bank of England governor Mark Carney has stated that Lloyds has clearly behaved unlawfully after it was revealed that traders have been manipulating interest rates in order to cut the fees it must pay after being bailed out during the financial crisis. On Monday it was revealed that the...


CIDSE - together for global justice via flickr

Desmond Tutu calls on South African university to divest from fossil fuels

Arcibishop Desmond Tutu has urged the University of Cape Town (UCT) to drop investment in polluting fossil fuels because of their contribution to climate change, which is heavily affecting the world’s poorest people. The bishop and Nobel peace prize winner has encouraged the South African university to follow the...


Cameron visits shale gas site

Fracking will reduce Tory chances of winning the election, says Greenpeace

A large proportion of the Tories’ target seats for next year’s general election have become targets for oil and gas exploration, with recent polls suggesting the move will be received badly by voters across the political spectrum. In a recent statement by the environmental campaign group, the latest bidding...



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