Tag: Paris Agreement

Fossil Fuel Divestment Pledges Top $5tr, as Investors ‘Fast Losing Faith’ in High Carbon Assets

The anniversary of the Paris Agreement was marked today with the release of a new report, revealing companies and individuals with nearly $5.2tr of assets under management have now pledged to divest...

Big Business Calls on Government to Halt Solar Tax Hike

A group of major businesses, including retail giants Sainsbury's, IKEA and Kingfisher, have called on Chancellor Philip Hammond to stop a planned rise in business rates for firms with solar installations. The businesses...

Shell to Link Executive Bonuses to Greenhouse Gas Emissions

Shell, Europe's largest oil company, has unveiled plans to link a slice of executive bonuses to its performance in curbing greenhouse gas emissions in response to shareholder pressure for it to better...

Solar Is Booming… Costs Keep Falling

Today, solar power is everywhere. It's on your neighbor's roof and in tiny portable cellphone chargers. There are even solar powered roads. And as solar power heats up, prices are going down....

Finland Reveals Plans To Wipe Out Coal Use By 2030

Within the next fifteen years coal will have no place in the Finnish energy system, according to a new climate plan released yesterday by the Finnish government which sets out a roadmap...

France Announces Coal Power Phase Out Date

France this week became the latest country to vow to phase out unabated coal power from its energy mix, pledging that its last coal plant will shut by 2023 at the latest. French...

‘We need everyone,’ Ban says

Rallying stakeholders gathered in Marrakech, Morocco, for the United Nations Climate Conference, known as ‘COP 22,’ Secretary-General Ban Ki-moon yesterday urged everyone – “from the local to the global” – including the...

COP22: Ban-Ki Moon Declares Climate Action ‘Unstoppable’ As World Leaders Gather In Marrakesh

As world leaders were being escorted to the COP22 conference centre in Marrakesh for today's high-level plenary session, outgoing UN Secretary-General declared climate action is now "unstoppable", regardless of the actions of...

Last 5 Years Hottest on Record, Human Footprint ‘Increasingly Visible’

There is growing evidence that man-made climate change is contributing to individual extreme weather and climate events, according to the latest analysis by the World Meteorological Organization (WMO). The report, released at COP22...

Paris Climate Change Agreement Enters Into Force

The Paris agreement on climate change enters into force on Friday, marking the first time that governments have agreed legally binding limits to global temperature rises. The passage of the accord – the...

New South Wales Unveils Plan to Reach Zero Emissions by 2050

The New South Wales government has launched an ambitious climate change policy that could see the state achieve zero emissions by 2050. On Thursday NSW’s environment minister, Mark Speakman, released draft plans for...

Global Carbon Intensity Falls as Coal Use Declines

The amount of carbon needed to power the global economy fell to record lows in 2015, as coal consumption in major economies plummeted. PricewaterhouseCoopers’ (PwC) annual Low Carbon Economy Index report has found...

The Mediterranean Will Become a Desert Unless Global Warming is Limited to 1.5°C

Southern Spain could look like the Sahara unless global warming is held to 1.5 degrees Celsius (2.7 degrees Fahrenheit) above pre-industrial levels. That’s the conclusion of a new study published in the...

Climate change and migration vote on the Agenda This Week

Defence, climate change and migration are the three issues topping the EU's agenda this week, with discussions and a vote that could shape EU policies in the long run. On Monday and Tuesday...

Paris Climate Agreement Moves Closer to Entry into Force in 2016 as 60 Countries Accounting for 48% of Emissions Have Joined

The Paris Agreement on climate change moved closer towards entering into force in 2016 as 31 more countries joined the agreement today at a special event hosted by United Nations Secretary-General Ban...

Good Emissions Trading Programs are Unique, Not One-Size-Fits-All

Climate change is a global problem — but its solution relies on national, regional, and local policy actions. Take the issue of greenhouse gas emissions markets, which put a price on, say,...

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