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 [...]
Over 80 campaigners block motorway for a second time demanding the government insulate Britain September 15, 2021 Climate campaigners brought chaos to Britain’s roads again this morning, sitting in the path of traffic for the second time in a matter of days. Some 89 people from Insulate Britain blocked roundabouts and a carriageway on the M25 early this morning. Insulate Britain says action will continue until the government makes a meaningful commitment [...]
Tesco launches zero-waste trials in stores September 13, 2021 Tesco has launched zero-waste shopping trials at ten stores where customers can buy goods in reusable packaging so they can be returned and used again, in partnership with Loop, a waste management company. Customers shopping in the ten Tesco stores, all in the east of England where the initiative is being tested, will be able to [...]
Government unveils biggest ever renewable power auction round September 13, 2021 The government today unveiled the biggest ever funding round for its flagship renewable energy scheme as it seeks to accelerate investment into green energy sources. Under the fourth round of the Contract-for-Difference programme, £200m will be made available to support the development of offshore wind farms. By the end of the decade, ministers have set [...]
Exclusive: City investors increasingly pay attention to ESG reporting and transparency September 8, 2021 Professional investors in the City and across the UK are expecting a greater focus on Environmental, Social and Governance issues in small and micro-cap companies, according to new data that was shared exclusively with City A.M. today. Just over 87 per cent of all investment managers MBH Corporation spoke to said they believe the focus [...]
UK buckled under Australian pressure and removed climate goals in trade deal September 8, 2021 The UK bowed to pressure from the Australian government and agreed to take out climate commitments in a free trade deal, it has been revealed. The UK-Australia trade deal will not contain binding commitments on reaching climate goals set at the landmark 2015 climate summit in Paris, after Canberra pushed for it to be dropped [...]
Calls to delay COP26 climate talks so poorer countries can attend September 7, 2021 The UN climate talks that will be held in Glasgow next month should be postponed amid fears people from poorer countries will not be able to fully take part, environmental groups said today. But the Government insists it is rolling out vaccines for foreign delegates and will fund quarantine hotels for those who would not [...]
JCB heir Jo Bamford joins forces with City insider Max Gottschalk to launch £1bn hydrogen investment fund September 6, 2021 The heir to the JCB excavators empire, Wright Bus chairman Jo Bamford, confirmed to City A.M. this morning that he has joined forces with multi-family office Vedra Partners to launch HyCap, a new hydrogen investment fund which has set its sights on raising £1bn. The capital, which currently stands at just over £200m after the [...]
Leaked messages: Boris Johnson trying to cut Nicola Sturgeon out of Cop26 summit September 5, 2021 No10 is seeking to cut Nicola Sturgeon out of the Cop26 summit to prevent her using it as “an advert for an independence campaign”, according to leaked messages. Advisers at No 10 and the Cabinet Office have been seeking to side-line the role of Scotland’s First Minster in the global gathering, The Independent reported. According [...]
London pollution: The worse the air you breathe, the worse your Covid symptoms September 4, 2021 Exposure to air pollution increases the risk of more severe coronavirus symptoms and hospitalisation with the disease, according to a new report by Imperial College London researchers. In a review of the latest evidence available, the researchers found a strong link between a person’s exposure to air pollution before the pandemic and the worst cases [...]