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Are lawyers and accountants doing enough on climatechange? When it comes to the climate crisis, it’s not just what you make and sell, it’s what you do, and for whom you do it. According to the group’s scorecard , Vault 100 firms: litigated 286 cases exacerbating climatechange (versus three cases mitigating it).
Pressure on creatives: PR, advertising firms targeted by fossilfuel divestment movement. As fossilfuel companies' social license to operate becomes increasingly frayed, more industries in their orbit are getting entangled in the reputational quagmire that is now part and parcel of any activity that exacerbates the climate crisis.
Mark Kemp, the new President of the Association of Directors of Environment, Economy, Planning & Transport (ADEPT), has launched the group’s new ClimateChange and Green Growth policy position. Key to achieving climatechange action is behaviour change.
For that project, greenhouse gas emissions were cited as the most significant factor for refusing permission in Ellesmere Port, with the Secretary of State stating that ‘every tonne of carbon contributes to climatechange’. When it came to Dunsfold, the Secretary of State reached a different decision. The decision will be reserved.
Biodiversity loss and dangerous ClimateChange potentiate each other in their disastrous consequences. But the scientists also see opportunities: conserving, managing and restoring ecosystems for example can mitigate climatechange and enable adaptation to its impacts while also enhancing biodiversity.
That means getting serious about advocating for a recovery plan that helps us build back better from the current pandemic, while tackling another global systemic threat: climatechange. . The climate crisis is worsening, and it is playing out in real time as we grapple with COVID-19. that comes down to two basic steps. .
A new report makes the case that if Scotland is to successfully end its contribution to climatechange by 2045, there has to be a significant increase in public spending to help move homes and other buildings away from a reliance on fossilfuel heating.
Prof Lesley Hughes is a leading climatechange scientist and member of the independent Climate Council and government advisory body the ClimateChange Authority. Hughes said there is a “cognitive dissonance” between Labor’s stated commitment to addressing the problem and the pace at which it is moving.
So the EIB's confirmation last month that it would effectively end support for fossilfuels garnered widespread attention — as much for the signal it sends as for the additional impact the bank can make with the freed-up funds. The EIB's role, in effect, is to bankroll the EU's policy goals. billion ($14.9
Denmark set the same goal — phase out new fossilfuel vehicle sales in 2030 — and world-leader Norway plans to make the switch in 2025. The Climate Group's EV100 program , which has 92 member companies that have pledged to buy EVs and install EV chargers, features the tagline: "Making electric transport the new normal by 2030.".
It was a sign of how much has changed since 2021, when the UK hosted the flagship COP26 UN climate summit with a promise to “irrefutably to turn the tide and to begin the fightback against climatechange”. million has been given to pro-fossilfuel think tanks by Tory donors since the 2019 general election.
Biodiversity loss and dangerous ClimateChange potentiate each other in their disastrous consequences. But the scientists also see opportunities: conserving, managing and restoring ecosystems for example can mitigate climatechange and enable adaptation to its impacts while also enhancing biodiversity.
A new buzzword, climate-aligned finance, is RMI’s answer to the uneven responsibility put on the financial sector. Its goal is to integrate the financial sector’s attempts at going green, including green business investments, exclusionary policies for certain fossilfuels and the industry’s ESG policies, into one complete strategy. .
These include the controversial energy company Drax , the fossilfuel lobby group Offshore Energies UK , and the gas company Cadent. In May, former Green Party MP Caroline Lucas pulled out of the New Statesman’s energy and climatechange conference over its sponsorship by the oil company Equinor.
billion) in fossilfuel firms. This includes companies that specialise in extracting, refining, transporting and distributing fossilfuels. million) shareholding in the oil and gas supermajor Chevron, as well as stakes in Shell, Equinor, and 109 other fossilfuel companies. billion (£1.8
. | Photographer: Krisztian Bocsi / Bloomberg via Getty Images More than 130 companies, including Volvo Cars, Ikea, Unilever, Nestlé, and AstraZeneca, signed a letter calling on governments to adopt a global plan to phase out fossilfuels without carbon capture during upcoming international climate negotiations.
The self-styled PopCons included politicians critical of climatepolicies and science, including Lord Frost, who is a director of the climate science denial Global Warming Policy Foundation , as well as Conservative MP Lee Anderson and Reform party president Nigel Farage.
Loans and investment fuel growth. Put simply, a bank’s capital can flow towards fossilfuels or renewable energy, towards local business loans or financing environmentally damaging projects. Why don’t more people choose to bank with climate-friendly retail banks that have clear environmental investment and loan policies?
The firm is owned by Terence Mordaunt , a director and former chair of the Global Warming Policy Foundation (GWPF), the UK’s leading climate science denial group. Mordaunt himself told openDemocracy in 2019 that “no one has proved yet that CO2 is the culprit” of climatechange. It’s plant food”.
In the early 1980s, America’s biggest company knew more about climatechange than basically anyone else. Rising emissions posed a threat to Exxon’s business — selling fossilfuels — so the oil giant took the lead on understanding what was called the “CO2 problem.”. Spencer Platt / Getty Images.
Nigel Farage ’s Reform party received £135,000 this year from donors linked to climate science denial and fossilfuels, DeSmog can reveal. Reform UK , formerly the Brexit Party, is a vocal critic of climate action, and last year called for a referendum on the UK’s net zero policies.
The UK government’s move to award £22 billion in subsidies to carbon capture projects followed a sharp increase in lobbying by the fossilfuel industry, DeSmog can reveal. Others engaging regularly with ministers on CCS policy include heavy manufacturing companies, CCS technology firms, lobby groups, and investment funds.
Finally, the climate crisis is worse than it’s ever been. For too long, climatechange was viewed as a problem for the planet instead of a problem for people. They stem from the system we chose when we grabbed and relied on fossilfuels," McCarthy said. Policy & Politics. Pull Quote. Sponsored Article.
According to Saudi Aramco’s podcast, the fossilfuel industry is innovating new climate solutions, and BP’s podcast proclaims more of the same. Darren Woods, the CEO of Exxon, celebrates the potential of carbon capture to dramatically reduce global emissions. and Europe. It’s implicitly calling for a new consensus.”
ExxonMobil saw a “limited” role for carbon capture and storage (CCS) projects in fighting climatechange, but still promoted the technology in its advertising campaigns, internal company documents show. While working at Exxon, Gulden led a team that maintained technology used to generate a portion of the Energy Outlook.
Intense lobbying from the meat and dairy industry since 2020 has helped weaken and stall crucial climatepolicies in the European Union, according to a new report from InfluenceMap.
In retrospect, it also turned out that ESG portfolios contained less financial risk because they had more accurately identified risks from climatechange and considered other variables — such as resilience — for which no accepted risk methodology exists. A declining investment rationale for fossilfuels.
Nations have moved too slowly to curb climatechange, and now must take swift and aggressive steps if they hope to avoid the worst impacts of global warming, the world’s top scientists warned on Monday. This week’s report focuses on mitigation — what we can do to halt climatechange. degrees Celsius (2.7
Reform campaigns to “scrap all of net zero” and backs new fossilfuel extraction, including via fracking and opening new coal mines. Reform’s policies are in step with its donors. million from climate deniers, polluters, and fossilfuel interests – who represent 92 percent of its funders.
The verdict appears to mark the first ocassion in history, when a judge has held a corporation liable for causing climatechange. But the judge ruled that the resultant climate impacts endangered the human rights of the plaintiffs. 2 Shell is also responsible for emissions from customers (scope 3) and suppliers.
How can we grow some Black and brown-owned businesses that are working on the issue of climatechange? It's not new for Apple's vice president of environment, policy and social initiatives to see racism and climatechange as intertwined. She capped off her two-decade career with the U.S. Empowering communities.
Follow our Australia news live blog for latest updates Get our morning and afternoon news emails , free app or daily news podcast The sham of Australia’s climatechangepolicy has been made clear in the past two weeks. How can Australia get to net zero by 2050 while approving projects that will run for decades beyond that date?
Entrepreneurial innovation, new investment and regulatory models must be promoted and accelerated to prepare for future pandemics, climatechange and to restore the environment. Government policies that stimulated the growth of solar accounted for 60 percent of that price decline. Back to normal is not an option.
For Shalanda Baker, a professor of law and public policy at Northeastern University, thinking about a clean energy future means thinking about the daily, weekly and sometimes invisible ways that people in deprived communities can control their power supply. Figuring out mechanisms through policy to incentivize that targeting would be great.
Climatechange is driving more extreme weather events, including heat waves, everywhere, all while the grid faces increasing demand from electrification of cars, buses, businesses and homes. How should businesses and other large customers be thinking about the increasing strains from climatechange with an evolving energy resource mix?
Pollution, poverty and race collide in many other disadvantaged communities across California — and the country — and some argue that the state’s climatepolicies haven’t helped. In their eyes, it doesn’t do enough to address climatechange and allows emitters to continue polluting the air in the meantime. As the U.S.
A new independent assessment of COP26 and the critical next steps for the UK was published on 2 December by the ClimateChange Committee (CCC). Current climatepolicies around the world do not come close to achieving these aims. No fossilfuel subsidies should be classed as ‘efficient’.
Labor and Coalition likely to block climate "duty of care" bill designed to close the gap that allows new fossilfuel projects to be approved. The post Major parties set to block Pocock move to enshrine climatechange “duty of care” for children appeared first on RenewEconomy.
But carbon is also moving constantly through the global economy, which historically has been powered by burning fossilfuels for energy. As the most prevalent of the greenhouse gases (GHGs), CO2 plays an outsize role in global climatechange — for example, it accounted for 81 percent of U.S. emissions in 2018.
More than 100 billion tons of resources enter the economy every year — everything from metals, minerals and fossilfuels to organic materials from plants and animals. Each year, huge quantities of fossilfuels are used to produce clothes from synthetic fibers each year. 5 opportunities of a circular economy.
Australia’s climate minister says summit must aim to keep 1.5C goal alive so Pacific countries are not ‘swallowed by the seas’ The Australian climatechange minister, Chris Bowen, has told nearly 200 countries at the Cop28 summit that the use of fossilfuels in energy systems must end. Continue reading.
Adnoc intends to increase its oil production by more than any other fossilfuel firm in the world, according to data from the Global Oil and Gas Exit List (Gogel). As the digital world changed the face of media we extended the Daily Mail brand online, where it is one of the world’s most popular newspaper websites.”
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