Blue & Green Daily finds and summarises the top sustainability stories around the web every morning. We start with our own picks from Blue & Green Tomorrow.
8 May headlines
Oil industry risks $1.1 trillion of investor cash: study
Oil explorers like Exxon Mobil and Roseneft risk wasting $1.1 trillion of investors’ cash by 2025 on expensive, uneconomic projects from the Arctic and deep seas to tar sands, according to a study. It added that the money risks being wasted as the total amount of oil the world can afford to burn without warming the planet to unsafe levels will hit firms’ profits. Bloomberg.
House of Lords committee calls for fracking to be ‘national priority’
A House of Lords committee has urged changes in the law to fast-track fracking and ensure property owners cannot delay drilling under their land. The economics affairs committee is also demanding ministers set up a special cabinet committee on the issue and make it a “national priority” to sell the benefits of shale gas to a sceptical British public. Guardian.
CO2 ‘significantly reduces’ nutrients in major food crops
Rising levels of CO2 around the world will significantly impact the nutrient content of crops, according to a study. Experiments show levels of zinc, iron and protein are likely to be reduced by up to 10% in wheat and rice by 2050. Scientists say this could have health implications for billions of people, especially in the developing world. BBC.
Religious leaders should divest from fossil fuels, says UN climate chief
Religious leaders should pull their money out of investment in fossil fuel companies and encourage their followers to do the same, according to the UN’s climate chief. Christiana Figueres urged faith groups to “find their voice” and “set their moral compass” on climate change. Guardian.
Investors revolt over pay at Reckitt Benckiser and Ocado
A new wave of shareholder activism is building after investors in some of county’s best-known companies showed their disapproval over boardroom pay. Consumer goods giant Reckitt Benckiser suffered the biggest revolt with more than one in three investors actively voting against the executives’ remuneration report. Telegraph.
7 components to impact investing – Think Advisor
What climate change is really costing you – Fiscal Times
Photo: Sanja gjenero via Freeimages