Reading the British papers today there is a general consensus that the Stern review has changed the political landscape over climate change. Those who have long argued for inaction have finally run out of excuses. The debate about climate change is over. Now is the time for action. According to the Independent “what Sir Nicholas … Read More
Author: Andy Rowell
UK Signs Gore to Sell Climate Change Case in US
Whilst Sir Nicholas Stern’s report continues to receive blanket media coverage in the UK, Washington remains largely uninterested. Look at the New York Times and the Stern report is mentioned half-way through a report entitled “Budgets Falling in Race to Fight Global Warming”. Outraged by he sees as America’s inability to respond to the seriousness … Read More
Climate Change: The Worst Market-Failure Ever
Tony Blair has called it the most important document report that he has ever received in ten years of being Prime Minister. For the last eighteen months ex-World Bank economist, Sir Nicholas Stern, has been working on a report for the British government on climate change. It is published before the next round of negotiations … Read More
Nigeria: 1.5 Million Tons of Oil Spilt in 50 Years
Here is the official news: Oil giant Royal Dutch Shell has driven the FTSE London market to a new five-and-a-half year high, as shares in the company lifted 3 per cent after its third quarter figures came in better than expected, despite a 34 per cent fall in net earnigs. The decline in profits was … Read More
Tackle Climate Change or Face Recession, World Leaders Warned
Climate change could tilt the world’s economy into the worst global recession in recent history, a major report will warn next week. Sir Nicholas Stern, a former chief economist with the World Bank, will warn that governments need to tackle the problem head-on by cutting emissions or face economic ruin.
Climate Change Threatens Pacific Islands
Whilst Britain belatedly introduces a watered-down Climate Bill and other countries tinker and talk about Climate Change, low-lying South Pacific nations such as Kiribati are literally sinking beneath the waves. Kiribati is an archipelago of 33 coral atolls barely 6ft above sea level, and is literally vanishing as sea-temperatures rise.
UK Introduces Climate Bill
After months of intense pressure, the British government will today agree plans for a Climate Change bill setting new long-term targets to cut carbon emissions in Britain. Although an independent body will be set up to advise the government on how best to achieve the targets, the government is resisting the idea of a law … Read More
Profits Down at BP
BP’s troubles have been reflected in falling third quarter profits today when the oil gianthe troubles at oil giant BP were laid bare today when it posted falling third-quarter profits.  said it made 6.23 billion US dollars in the three months to September 30 compared with 6.46 billion US dollars a year earlier. It reflected … Read More
Shell Bids C$7.7bn For Oil Sands Operation
Oil giant Shell has underlined a huge commitment to developing Canada’s highly polluting oil-sands with a C$7.7billion offer to buy out minority investors in a Shell company involved in the controversial fuel. The Shell group already owns 78 per cent of its Canadian subsidiary and is now trying to buy the remaining 22 per cent.
Google Goes Green
Google has announced it is installing the largest corporate solar installation in the U.S. The system, installed by EI Solutions on Google’s Mountain View, California, headquarters campus will have a total capacity of 1.6 megawatts — enough to supply 1,000 average California homes.