UK leads the way in climate transparency ahead of COP26, says new report September 28, 2021 The UK is leading the way in climate transparency, according to new research, as over 70 per cent of energy and chemicals companies say they have publicly stated their climate impact targets. The research, by ICIS, found that the UK had the highest levels of transparency in comparison with the rest of Europe – with [...]
BHP braces for backlash by investors over climate plan September 28, 2021 Shareholders in mining giant BHP have been advised to vote against the company’s carbon emission plans, ahead of its annual general meeting in London next month, according to reports. In a report shared with investors Glass Lewis, the influential proxy adviser, questioned the scientific basis of BHP’s Climate Transition Action Plan and said there was [...]
Cop26 sponsor NatWest named and shamed for links to Arctic oil and gas drillers September 27, 2021 NatWest is under scrutiny from campaigners due to it financing fossil fuel developers while sponsoring the Cop26 climate summit NatWest is the banking sponsor of the Glasgow conference — where countries will pledge to reduce carbon emissions as part of a wideranging global effort — but was still providing underwriting and loans to energy companies [...]
Ex-Tesco boss Dave Lewis behind £16bn link to import clean energy from Morocco September 26, 2021 A £16bn project to build the world’s longest power link will supply seven million UK homes with ‘near constant, low-cost clean energy’ according to its new chair, former Tesco boss Sir Dave Lewis. The renewable energy plan by Xlinks will take power from 10.6 gigawatts of large-scale solar and wind farms in Morocco via a [...]
17 arrested as Port of Dover blocked by climate protestors September 24, 2021 Police have arrested 17 climate protestors who blocked the Port of Dover, Europe’s busiest ferry port. Around 40 protestors have blocked the A20 at two sites: the Eastern Docks roundabout and near the junction with Union Street for the Western Docks. The offshoot of Extinction Rebellion caused chaos on the M25 motorway five times in [...]
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 Morning Wire 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.
Khan on climate: ‘We either take bold action now or face the consequences’ September 23, 2021 “London is at a crossroads,” London mayor Sadiq Khan is expected to say later today, as climate change can bring both flooding and soaring temperatures to the capital as extreme weather increases. In an address ahead of COP26 in November, Khan is set to warn that “time is running out” to meet the requirements of [...]
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 [...]