Could Bitcoin be powered by volcanoes? January 18, 2022 | City Talk One topic at the forefront of crypto conversions in 2021 has been energy consumption. Due to record blockchain growth, coupled with the copious amounts of electricity needed to mine bitcoin and other assets, the quest for more renewable energy sources has become a top priority for an industry looking to lower its carbon footprint. For [...]
Not so green after all: Hardly any Brit plans to stick to climate goals in 2022 January 17, 2022 Less than one in ten people in the UK are likely to keep resolutions around making positive climate decisions in 2022, according to new research shared with City A.M. today. Even fewer consumers said they are aspiring to live more sustainably this year, favouring resolutions around becoming healthier and fitter instead, according to the founder [...]
Retail investors flock to sustainability firms January 10, 2022 Retail investors have flocked to ‘cleantech’ and sustainability firms as they look to capitalise on a wave of new entrants to the sector.
Government could save UK industries from higher carbon costs this winter January 4, 2022 The government could cut the amount carbon-intensive industries pay amount pay for each tonne of carbon they emit into the atmosphere.
Priti Patel’s new year resolutions: Home Secretary promises ‘relentless’ crackdown on eco-protesters, immigrants and asylum claims January 4, 2022 Home Secretary Priti Patel has promised to be ‘relentless’ this year as she intends to “crack down” on eco-protesters and end the “legal merry-go-round” of “spurious” asylum seeker claims in 2022. In a new year message posted on social media, Priti Patel said she was proud of many things the Government had achieved in 2021, [...]
Annual spending on ethical products soars past £100bn for first time December 31, 2021 British shoppers spent more than £100bn on ethical products and investments last year, as the twin crises of the pandemic and climate change prompted significant lifestyle changes. Plant-based food, and products, and secondhand clothes, furniture and even cars saw demand surge in the last year with ethical spending rising to £122bn in 2020 – up [...]
Could global cities be the cause of, and solution to, climate change? December 14, 2021 | City Talk Homer Simpson once famously said: “here’s to alcohol: the cause of, and solution to, all of life’s problems”. To paraphrase Springfield’s most famous resident, we could say a similar thing about big cities and climate change. Big cities are often seen as part of the problem regarding climate change, responsible for high levels of greenhouse gas [...]
McDonald’s net zero carbon restaurant prompts greenwashing backlash December 10, 2021 McDonald’s has opened its first net zero restaurant, but the move has been branded as “McGreenwash” by critics of the fast food giant. The restaurant, based in Shropshire, is powered through solar panels and wind turbines, and insulated with sheep’s wool. The building’s cladding is made from recycled IT equipment and household hood while signage [...]
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 [...]
UK ‘impact’ startups gain £2bn firepower in 2021, driven by climate tech sector November 29, 2021 Impact startups in the UK – defined as those founded to actively build solutions to the United Nations’ Sustainable Development Goals – have raked in £2bn in investment this year, according to a new Dealroom analysis. As investors grow increasingly wary of corporate greenwashing, so-called “impact investing” in companies that are founded to generate positive [...]