Tag: Greenhouse gas emissions

Bank of England given green remit to aid net zero carbon goal

Cross-party environmental audit committee welcomes decision but urges Treasury to go further Analysis: Sunak digs in for battle against financial cost of Covid Budget 2021: key points at a glance Budget 2021 live: Sunak to freeze income tax thresholds The chancellor has changed the remit of the Bank of England’s interest rate-setting monetary policy committee […]

Blue carbon: how three Australian marine sites lock away 2bn tonnes of CO2

Greenhouse gas stored in country’s marine world heritage sites about same as four years of emissions Three of Australia’s world heritage-listed marine sites have more than 2bn tonnes of carbon dioxide locked away in their vast seagrass meadows, coastal mangroves and tidal marshes, according to a new report from a UN agency. Unesco has for […]

Denmark’s climate policies ‘insufficient’ to meet 2030 target

Report says country set to cut carbon emissions by 54% compared with 1990 levels, not 70% as planned The Danish government’s efforts towards meeting the country’s ambitious target of reducing emissions by 70% by 2030 have been judged “insufficient” by the body tasked with monitoring its progress, with measures so far announced only likely to […]

UK councils still invest in fossil fuels despite declaring climate emergency

Nearly £10bn worth of investments including in oil and gas made via pension funds in last financial year Local councils that have declared a climate emergency are continuing to pour money into fossil fuels through their staff pension funds, analysis has shown. Nearly £10bn worth of investments in fossil fuels, including oil and gas companies […]

Keep funding green homes to meet emissions target, say businesses

CBI, Energy UK and others tell chancellor cutting scheme will risk target of net zero emissions by 2050 Business groups are urging the chancellor, Rishi Sunak, to keep funding home insulation and other low-carbon measures under the green homes grant, which is under threat from cuts. They warned that moves to reduce the amount of […]

Call to tax international flights to raise climate funds for poor countries

Six experts say failure to reform climate finance risks undermining trust in Paris agreement Taxes on international transport could provide new flows of finance to developing countries to help them reduce greenhouse gas emissions and cope with the impacts of climate breakdown, a group of climate finance experts have said. Rich countries are failing on […]

First UK homes with hydrogen boilers and hobs to be built by April

Government says two properties in Gateshead will offer public a glimpse of the ‘potential home of the future’ The UK’s first homes to be fitted with boilers and hobs that run on hydrogen rather than fossil fuel gas will be built in Gateshead by April. The semi-detached houses in the north-east will use 100% hydrogen […]

Bill Gates on the climate crisis: ‘I can’t deny being a rich guy with an opinion’

In an exclusive extract from his new book, the Microsoft founder explains why we need to cut carbon emissions to zero – even if he is an ‘imperfect messenger’ There are two numbers you need to know about climate change. The first is 51bn. The other is zero. Fifty-one billion is how many tons of […]

Australians should be worried about future emissions. To be told otherwise is absurd | Jeff Sparrow

By not caring about 2050, our politicians are announcing their indifference to a world in which children have become parents “We are not worried, or I’m certainly not worried, about what might happen in 30 years’ time.” With that, deputy prime minister Michael McCormack distills the absurdity of Australian climate politics into a single sentence […]

BA plans transatlantic flights partially fuelled by recycled waste in 2022

British Airways to invest in new US plant producing sustainable aviation fuel British Airways says it will operate transatlantic flights partially powered by sustainable fuels as early as next year. BA will invest in a new US plant to be built in Georgia by LanzaJet producing commercial-scale volumes of sustainable aviation fuel (SAF), made from […]