Drill, baby, drill: Arctic set for £230bn oil and gas bonanza with JPMorgan, Barclays and Citi piling in September 23, 2021 Oil and gas companies are set to ramp up production in the Arctic by 20 per cent in the next five years, according to a new report shared with City A.M. this morning. The main Arctic expansionists – Gazprom, Total and ConocoPhillips – are backed by hundreds of billions of pounds from dozens of City [...]
Watch as Boris Johnson tells the world to ‘grow up’ September 23, 2021 Prime Minister Boris Johnson pushed the world to “grow up” and tackle climate change during his annual United Nations address to world leaders last night. Watch the full report.
Tech leaders can power a green future September 22, 2021 | Sponsored Experiences in digital era will guide them in climate transformation, says Danielle Ullner, Managing Director and Partner at BCG Digital Ventures in London. When BCG Digital Ventures was founded seven years ago, “digital” was still a daunting term for many corporate leaders. They had little concrete idea what digitalising their operations or launching entirely new [...]
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 [...]
Chartered Accountant’s role in battling climate change September 22, 2021 | City Talk As the demand for progress on combating climate change grows stronger, CAs will find themselves in the thick of the action, says James Barbour CA, Director, Technical Policy. This article first appeared in ICAS’ CA magazine. In 2000, the world watched as Edinburgh played host to the International Federation of Accountants Conference. At this historic gathering, [...]
Breaking: Police arrest 23 protesters after M25 is blocked for fifth time in a week September 21, 2021 Police have arrested 23 people after environmental protesters targeted the M25 for a fifth time in just over a week. Surrey Police said they were called to junctions 9 and 10 of the motorway just after 8am following reports of Insulate Britain protesters on the clockwise and anti-clockwise carriageways. The force said “a number” of [...]
Making homes greener could create up to 138,000 new jobs and unlock £9.8bn for the economy September 21, 2021 Making homes more energy efficient could create up to 138,000 new jobs in the UK, while also injecting £9.8bn into the economy by 2030, a new report has found. The report, by Cambridge Econometrics for Greenpeace UK, found that a country-wide project to insulate homes and swap gas boilers for heat pumps, could also unlock [...]
Not such a green City: Two thirds of firms have zero plans for sustainability September 20, 2021 More than two thirds of all businesses across the UK have no environmental sustainability policy, according to new research shared with City A.M. this morning. A survey by recycling group Suez and the British Chambers of Commerce found that 64 per cent of around 1,000 businesses surveyed said they had no such plan. Overall only [...]
Xi Jinping yet to confirm Cop26 attendance, says Sharma September 19, 2021 Chinese premier Xi Jinping has not yet confirmed that he will attend the United Nations Cop26 climate change summit in Glasgow this year, Alok Sharma has said. Sharma, the Cop26 president, held two days of talks earlier this year in China in an attempt to cajole the country’s leadership to commit to the landmark summit. [...]
All new London buses to be zero-emission Mayor says September 17, 2021 Sadiq Khan, the Mayor of London, has announced that new Transport for London (TfL) buses will be carbon neutral, as the UK prepares to host COP26. TfL said in a statement that by the end of next year, ten per cent of London’s bus network will be zero-emission as the network has committed to only [...]