Flagship £450m green energy boiler scheme needs urgent reform to prevent it failing, Lords committee warns February 22, 2023 The government’s boiler upgrade scheme is failing to deliver on its objectives, warned the environment and climate change committee.
Boris Johnson has forgone Conservative party principles with his climate change tactics September 7, 2021 Governments that set ambitious targets — with no intention or realistic plan to meet them — are fundamentally deceptive and intrinsically anti conservative. This is especially apparent when it comes to UK efforts to combat climate change. A true conservative is pragmatic and has realistic plans for the future. They understand gradual change is preferable [...]
Most supply chain heads could not give a damn about tracking food waste despite link to climate crisis December 6, 2021 Nearly three-quarters of senior decision makers in the supply chain and in food procurement are currently not tracking the amount of food their organisation wastes, according to new research shared with City A.M. today. In fact, almost two-thirds (64 per cent) of respondents told food facilities management company Sodexo in survey that direction from government [...]
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 [...]
Prince Charles partners with insurance firms to tackle climate change June 24, 2021 Prince Charles has teamed up with the Lloyd’s of London insurance market to launch a task force aimed at transitioning the industry to a net zero economy. The task force will be chaired by Lloyd’s, with support from Charles’ Sustainable Markets Initiative. It will include the chief executives of insurance firms such as AXA, Allianz, [...]
What is COP28 and why does it matter? November 29, 2023 The COP28 climate convention is unlikely to be far from the headlines over the next fortnight. City A.M. has broken down everything you need to know ahead of time.
Businesses must ‘act on pledges as soon as possible’ after damning climate report August 9, 2021 The world’s latest climate report spells ‘code red’ for humanity, UN secretary-general Antonio Guterres has said, while oil stocks go down the drain. The report, by the Intergovernmental Panel on Climate Change (IPCC), found that recent “human influence” on the world’s warming climate system has been “unprecedented over many centuries to many thousands of years”. [...]
World to miss 1.5C climate target despite COP26 pledges, says trade secretary November 8, 2021 The world is on course to miss its target of limiting global warming to 1.5C, despite the pledges made at COP26, trade secretary Anne-Marie Trevelyan said today. Instead, it is expected that the climate will be limited to 1.8C, independent analysis has revealed. Over the last week, world leaders have committed to strings of pledges [...]
Scotland’s largest climate polluter: Ineos to spend £1bn at Grangemouth to slash emissions September 22, 2021 Scotland’s largest climate polluter Ineos says it is spending more than £1bn in a bid to slash greenhouse emissions at its Grangemouth refinery. The petrochemical multinational said its Grangemouth operation – which includes oil, chemical and power plants – currently emits around three million tonnes of CO2 per year. Ineos said it wants all businesses [...]
BP staves off activist rebellion as embattled chairman keeps his seat April 27, 2023 BP has convinced shareholders to back its climate agenda, fighting off pressure from activist investors at its AGM today.