Donald Trump is only leader to reject climate change proposals at G20 summit June 29, 2019 US President Donald Trump has said the United States is not “being taken for suckers anymore” following his election in 2016. The US pulled out of the 2015 Paris climate accord in 2017, with Trump claiming that the goals of the pact “disadvantage American workers and taxpayers”. Read more: US and China agree to kickstart [...]
UK passes law to slash greenhouse gas emissions to ‘net zero’ by 2050 June 27, 2019 The UK has enshrined in law a target to cut greenhouse gas emissions to “net zero” by 2050, becoming the first major economy to legislate to curb its global warming contribution. That compares with a previous target to slash greenhouse emissions by 80 per cent from 1990 levels. Read more: Is there any merit to [...]
Invest in green energy, urges minister, as financial risks of climate change ‘too important to ignore’ June 3, 2019 Pensions minister Guy Opperman has urged fund managers to “do the right thing” and put money into renewables. Read more: Shell switches 700,000 customers to renewables as it rebrands First Utility Speaking in London, he said pension and investment managers must take their environmental responsibilities seriously to help fight global warming. Opperman said: “The financial [...]
Extinction Rebellion threatens to use drones in 10-day Heathrow airport shutdown in third runway protest May 31, 2019 Climate protest group Extinction Rebellion has threatened to shut down London’s Heathrow airport for as long as 10 days this summer in protest at plans to build a third runway. Read more: Police charge 71 in relation to Extinction Rebellion protests The climate change activists will protest at the airport on 18 June before a [...]
FTSE 100 bosses to meet President Donald Trump during UK state visit May 31, 2019 A group of FTSE 100 chiefs will meet US President Donald Trump during his state visit to the UK next week, Sky News has reported, along with the heads of various US companies. Read more: European stock markets bleed red as Trump takes trade war to Mexico The bosses of Barclays, National Grid, BAE Systems, [...]
Solarcentury rules out IPO as search continues for buyer of £250m firm May 29, 2019 The UK’s largest solar company Solarcentury has ruled out a public float as it looks for a new owner in a deal which could reportedly reach around £250m. The firm, which builds solar projects across several continents, has seen interest from oil and gas utilities, large financial firms and other global players. Read more: Ofgem [...]
Centrica launches new tariff for business customers to charge their electric cars May 28, 2019 British Gas owner Centrica has launched a new power tariff for business customers looking to charge their electric vehicles as the UK prepares for the switch to plug-in cars. More than three quarters of businesses plan to start shifting towards electric vehicles (EVs), Centrica said today as it launched an EV product aimed specifically at companies. Read [...]
The extremist Green party is trying to overthrow capitalism May 22, 2019 The Green Party is doing well. It gained nearly 200 council seats in the recent local elections and is hoping for a strong showing in the European ones this week. Publicity over school children going “on strike” to protest about climate change has helped. With politicians competing to fawn over the truants, the Green Party [...]
Puzzled over Australia’s shock election result? Economics can help explain May 22, 2019 The surprise of the week was the re-election of the centre-right Coalition government in the Australian General Election. The Labor opposition had led every major opinion poll for the past two years. But Scott Morrison of the Coalition is still Prime Minister – and it is his Labor opponent who is resigning as leader. Economists, regardless [...]
Greenpeace activists blockade BP’s London offices in climate change protest May 20, 2019 Environmental protesters have blockaded BP’s central London headquarters this morning as they claim “this is a climate emergency”. Read more: Extinction Rebellion founder wants to upend the UK's financial sector Greenpeace activists have set up five steel containers outside all entrances to BP’s offices in St James's Square, W1. On Twitter, the group said: “Volunteers have [...]