There’s an old joke about a driver stopping to ask a villager for directions. “Well,” says the villager, “if that’s where you’re going, I wouldn’t start from here.” That describes our current status for saving the planet. Ideally, we wouldn’t start from here: ice sheets doomed, climate damage under way and barely any plausible path…
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The EU should prioritise other measures over a windfall levy on power producers, Poland’s prime minister said, in a sign of possible divisions over Brussels’ plan to help consumers through the energy crisis. Ahead of an EU emergency energy meeting on Friday, Mateusz Morawiecki suggested that a temporary suspension of the EU emissions trading scheme…
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The EU should prioritise other measures over a windfall levy on power producers, Poland’s prime minister said, in a sign of possible divisions over Brussels’ plan to help consumers through the energy crisis. Ahead of an EU emergency energy meeting on Friday, Mateusz Morawiecki suggested that a temporary suspension of the EU emissions trading scheme…
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Spending by five of the biggest oil and gas companies on measures to lower carbon emissions is at odds with the proliferation of green claims in their public statements, according to new research. Sixty per cent of more than 3,000 public messages from BP, Shell, Chevron, ExxonMobil and TotalEnergies published during 2021 contained green claims, the independent…
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A local affiliate of Power Construction Corp of China, or PowerChina, has started construction on its long-delayed 9-gigawatt hydroelectric plant in the Indonesian portion of Borneo island, with plans to also develop green industries in the area. Kayan Hydro Energy (KHE) is building road access to sites for the Kayan Cascade project along the Kayan…
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Sections of the Yangtze river dried up, forest fires burnt across France and the falling level of America’s Lake Mead revealed long-lost human remains. This summer has been heavy with examples of what a warming climate will mean to our future. Nowhere else, however, has suffered the extremes of Pakistan, which has gone from 50C…
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BlackRock has hit back at Republican politicians for what it calls their “misconceptions” about its approach to climate change, arguing that its efforts are “entirely consistent” with a duty to maximise investor returns. The world’s largest money manager has been under concerted attack for its use of environmental, social and governance factors in investing. It…
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Pakistan’s prime minister Shehbaz Sharif has warned of a “humongous challenge” ahead following catastrophic floods in the country that have coincided with an acute financial crisis and a deepening political conflict between the government and former leader Imran Khan. The disaster during a monsoon season that came after a spring of baking temperatures has made…
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Here is a question for all you busy executives, deal makers and time-starved travellers. If you could save three hours flying from London to New York on a supersonic jet, but knew your journey would generate two to eight times the carbon of a flight on a conventional aircraft, would you do it? Two weeks…
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Buying carbon credits is a way for companies to show they’re serious about fighting climate change. But keeping track of these credits is tricky. Now, advocates of the blockchain – the technology that underpins cryptocurrency – say that its digital ledger could be a possible solution to bring transparency to the market. On today’s episode,…
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