Now is the time to fight against climate change May 4, 2021 2021 is being billed as a pivotal moment in terms of our fight against climate change, with the global climate change conference, COP 26, due to take place in Glasgow in November of this year. At the moment, there is some uncertainty around the format of the conference, and it is likely that it may [...]
Developing economies need more funds to tackle climate change – Carney July 6, 2021 The former governor of the Bank of England has warned that developing countries need more funds to tackle climate change. Speaking to MPs on the Treasury Select Committee, Mark Carney said although private financial markets could fund the investment needed to address climate change in rich countries, emerging markets do not have the same volume [...]
Capitalism is the solution, not the problem, when we look at climate change June 5, 2021 One of the most frequently raised arguments against capitalism is that it is the primary driver of environmental pollution and climate change. But if we compare Yale University’s ranking of countries with the highest environmental performance with the Heritage Foundation’s Index of Economic Freedom, a very different correlation emerges. Read more: In the lead up [...]
Climate change brews trouble for Brits beloved tea May 10, 2021 The British cup of tea is at risk, a new report has warned, as climate change prompts extreme weather and rising temperatures in tea-growing regions. The UK and Ireland drink more tea per person than any other country in the world. Meanwhile, the world’s biggest tea exporter, Kenya, which produces half of the black tea [...]
Exclusive: Consumers most worried about climate change despite government pledges July 15, 2021 Despite the recent mountain of pledges from governments and businesses, consumers have identified climate change as the issue about which they are least optimistic, City A.M. can reveal. A new sustainability survey from Public First and Brodie shows that in the UK, “climate anxiety” is at the top of customers concerns, with a net optimism [...]
Multinational tax dodging strategies should be as damaging as fuelling climate change June 11, 2021 The G7’s landmark deal to tackle tax avoidance and crack down on multinational companies that treat our global economy as a financial rabbit warren, might seem a welcome step in the right direction. But until businesses start seeing tax as an investment opportunity as opposed to an unwelcome bill, it’s unlikely to make much of [...]
Exclusive: En+ chairman Lord Barker on how the energy sector is tackling climate change July 22, 2021 With the climate conference COP26 in Glasgow fast approaching, sustainability, alternative energy and sector reforms across a range of industries are increasingly on the political agenda and therefore closely monitored by investors in the City and around the world. One company at the heart of this ecosystem is En+ Group, the largest producer of low-carbon [...]
Germany-Belgium floods: Death toll reaches 160 as politicians blame climate change July 17, 2021 The death toll from heavy flooding across Germany, Belgium and Holland has now reached 160, as rescue operations and the search for hundreds still unaccounted for continues. Thousands have been left homeless by the devastating floods that have surged through the region, and hundred are still missing, as the collapse of phone lines hampered efforts [...]
SpaceX to launch UK-built satellites into space to track climate change June 24, 2021 SpaceX is set to launch three UK-built satellites into space tomorrow, designed to monitor climate change and track endangered wildlife. The UK companies behind the environment tracking tech received a near £15m from the UK Space Agency, through the European Space Agency’s Pioneer Partnership Programme. “As we get ready to host the UN climate change [...]
UK closes in on mega LNG deal with US to stave off blackout fears November 8, 2022 The UK is set to finalise a major gas deal with the US after the COP27 climate change summit in Egypt this month.