Here’s the articles that were read by most people in the last week, a record week in traffic over the last October.
World’s largest insurance company Allianz divests from coal
The world’s largest insurance company, Allianz announced that it will pull the plug on investments in coal companies and increase investments in wind energy. Allianz is one of the largest financial institutions in the world managing €2 trillion. They estimate the decision will result in a shift of €4 billion. Read more.
Call to Scale Up Climate Finance after Paris Summit – 3 Point Plan to Convert INDC Goals into Climate Investment Pipeline
A worldwide group of global climate finance organisations has issued a call for coordinated action to scale up climate investment ‘infrastructure’ and financial flows following the COP21 Paris Conference in early December. Read more.
Autumn Statement: Renewable heat support set to continue, says Chancellor
The Chancellor George Osborne has announced that the Renewable Heat Incentive (RHI) will continue to be funded until 2020, contrary to rumours that it might be scrapped altogether. Read more.
“Eliminating fossil fuel subsidies will reduce carbon emissions by 12%”: says director at the Cambridge’s Institute for Sustainability Leadership
Sandrine Dixson-Declève, a director at the Cambridge University’s Institute for Sustainability Leadership says that Europe needs to eliminate fossil fuel subsidies and create an energy system based around renewables or will face becoming increasingly uncompetitive. Read more.
Subsidies for solar 22 times less than people think, poll shows
Subsidies for solar power are 22 times less than people think, according to a new YouGov poll commissioned by the Solar Trade Association. Read more.