UK to relax Covid travel rules for Cop26 climate delegates August 9, 2021 The UK will relax Covid-19 travel rules for thousands of delegates attending the UN Cop26 climate summit in Glasgow in November. Cop26 officials have set out conditions for the event, which is expected to welcome up to 25,000 government delegates, journalists and campaigners from around the world for talks on curbing global warming. The summit, [...]
Coal to be explicitly identified as climate change culprit for first time if fresh COP26 deal passes November 13, 2021 Highlighting coal’s role in intensifying the worst effects of climate change has been retained in the latest draft agreement at the COP26 climate summit. The draft deal, which still needs to be agreed by delegates attending the summit, urges countries to water down their reliance on coal and subsidies for fossil fuels. It would be [...]
A carbon tax will allow capitalism to save the climate – CityAM : CityAM September 3, 2021 The Extinction Rebels are back at their barricades. This week, they smashed windows at JP Morgan’s offices and blockaded London Bridge. Speaking to LBC in the aftermath, Sadiq Khan worried they are alienating the public from their cause. They are certainly an uncompromising lot. Arla, the milk-maker, was a target of their ire. Even the [...]
US-China rhetoric won’t solve our climate woes if Beijing stays hooked on coal November 12, 2021 In a move reminiscent of the Obama era, the US and China announced a joint agreement on climate change, taking Cop26 attendees by surprise. This commitment to cooperation comes laden with symbolism in a backdrop of wider, intractable tensions in the US-China relationship. But signs of concrete plans remain mysterious. The joint declaration made between [...]
Cop26 chief Alok Sharma: World on the brink of climate ‘catastrophe’ August 8, 2021 The world will soon face “catastrophe” from climate change if urgent action is not taken, according to Cop26 chief Alok Sharma. Sharma, who is managing preparations for the Glasgow climate summit, said the he world “can’t afford” to wait another two years to take serious action. The government wants to use the UN summit to [...]
Climate progress tracker improves on higher carbon prices and electric vehicle sales August 31, 2021 Last week, the Intergovernmental Panel on Climate Change, issued a landmark scientific report that serves as a “code red for humanity”, according to the UN Secretary General, Antonio Guterres. It comes three months before the 26th Conference of the Parties (COP26), warns of climate catastrophe and lays the blame firmly at the door of human activity. [...]
Glencore’s Teck takeover saga shows coal is just too hot to handle April 24, 2023 Glencore's struggles to win over Teck's shareholders suggest that coal might be too hot for climate-focused investors to accept.
Climate-related reporting sprints to centre stage May 19, 2021 As the world begins to count the days to the start of the summer Olympics, a far more importance race for the human race has also begun in earnest. Whether due to the fast-approaching COP26 conference due to be held in Glasgow in November, efforts are now taking place at considerable pace to move the [...]
Government needs to do more to win over North Sea oil and gas firms wounded by windfall tax June 14, 2023 The government has made the North Sea's investment climate inhospitable for smaller oil and gas firms, warned a leading energy trade association.
‘Go green or go home’, City Lord Mayor urges finance industry amid climate talks November 2, 2021 The finance industry “cannot afford to hold back” in pumping capital behind the world’s climate efforts, the City’s Lord Mayor has warned. “The stakes could not be higher,” Lord Mayor William Russell told senior financiers at the Green Horizon Summit. The summit, organised by the City of London Corporation and the Green Finance Institute, has [...]