Exclusive: ‘Nuclear has a lot going for it while net zero will simply not happen’, says sceptical environmentalist Bjorn Lomborg February 22, 2022 Bjorn Lomborg is not your typical environmental thinker. A former Greenpeace activist, he is now frustrated with the state of our climate change debate – calling for constructive solutions rather than apocalyptic predictions. So what are Lomborg’s solutions? City A.M.’s Michiel Willems finds out. There is a lot to do about nuclear energy at the moment. [...]
The sky is the limit: Sustainable aviation does not need to be an oxymoron February 19, 2022 Aviation and sustainability don’t exactly go hand in hand. With aviation responsible for approximately 2.5 per cent of the carbon emissions that are warming the planet, according to the International Energy Agency, clearly something needs to be done. “Businesses and consumers alike agree that flying less is vital today than it has been in the [...]
Failure to curb peat use across Britain caused millions of tonnes of CO2 in last three decades February 18, 2022 A failure to curb the use of peat in horticulture has caused millions of tonnes of carbon emissions since calls for action began three decades ago, campaigners said. The Wildlife Trusts is calling for an immediate ban on all uses of peat for amateur gardeners and professional horticulture, warning a voluntary approach has been wholly [...]
Tory MP Nigel Adams pushed for biomass subsidies while receiving £62,000 in donations from industry February 15, 2022 It has been reported that one of the strongest biomass supporters in parliament, Nigel Adams MP, received more than £60k in donations from the industry while lobbying the government to provide biomass companies with subsidies. Adams reportedly accepted £62,411 in donations between 2012 and 2016, including more than £30,000 to attend a number of conferences [...]
EY to hire 1,300 new UK employees after launching climate focused EY Carbon business February 14, 2022 Big Four accountancy firm EY has set out plans to launch a new, climate-focused consultancy business which will see the firm hire 1,300 new UK employees. The auditor’s plans to launch its own ESG consultancy, EY Carbon, will see EY invest £100m, in line with plans to recruit 1,300 people over the next three years. [...]
Britain’s very first 100mph battery-diesel hybrid train leaves Marylebone station in London today February 10, 2022 Britain’s very first 100mph battery-diesel hybrid train is entering passenger service to cut carbon emissions and boost air quality. Chiltern Railways will introduce the train on its 40-mile route between London Marylebone and Aylesbury, Buckinghamshire, today. There are plans to use it between the capital and Oxford in the coming months. It was developed by [...]
Exclusive: Sceptical environmentalist Bjorn Lomborg on 50 years of misguided climate panic February 9, 2022 Bjorn Lomborg is President of the Copenhagen Consensus and Visiting Fellow at Stanford University’s Hoover Institution. His latest book is “False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet.” Writing exclusively for City A.M. today, Lomborg zooms in on half a century of what has been, [...]
Exclusive: ESG consultancy sector to swell to nearly £12bn in next five years, says industry insider February 7, 2022 Spending by companies on ESG and sustainability consulting is set to more than double over the next five years to a record £11.8bn, or $16bn, according to a new report that was exclusively shared with City A.M. today. The market will grow at a CAGR of 17 per cent, from around $6.24 billion at the end [...]
Weekend chat: Many companies and investors fear greenwashing claims, says sustainability guru February 6, 2022 Increasing biodiversity and expanding nature-based solutions to solve the climate crisis through so-called voluntary carbon markets (VCMs) are currently a hot topic. VCMs, which encompass all transactions of carbon offsets that are not purchased with the intention to surrender into an active regulated carbon market, do include offsets that are purchased with the intent to re-sell [...]
Hasta la vista: Arnold Schwarzenegger vows to ‘terminate pollution’ at climate change summit February 1, 2022 Former California governor and Hollywood star Arnold Schwarzenegger has vowed to “terminate pollution” at the sixth annual Austrian World Summit climate conference. The former bodybuilder and actor said he and Austrian president Alexander Van der Bellen would be welcoming “climate action heroes” from around the world for the event. The conference will take place in [...]