WWF is calling on the UK Government to stop using its Export Credit Agency (ECA) to subsidize Big Oil and other carbon intensive sectors. ECAs are public agencies that provide government-backed loans, guarantees, credits and insurance to private corporations from their home country to do business abroad.
Day: November 20, 2006
BBC Spins Climate Talks Failure
There are always two ways to tell a story. Read the BBC this morning and you would believe that the Climate talks in Nairobi reached agreement. The headline on the BBC’s website is that “Nairobi climate talks end in deal”. According to the BBC, “the UN climate talks in Nairobi have ended with agreement reached … Read More
Boulder to Introduce First US Carbon Tax
Voters in Boulder, Colorado have approved what may the US’s first “carbon tax.” The tax, which will take to take effect in April next year, will be based on the number of kilowatt-hours used. The tax is to pay for the “climate action plan,” efforts to “increase energy efficiency in homes and buildings, switch to … Read More
Armed Police to Protect UK’s Strategic Energy Assets
In this day and age, energy security does not just mean securing enough oil and gas supplies it means protecting them too. In these days of heightened terror alerts the Sunday Times has reported how “a special armed police force is being proposed to protect Britain’s main oil, gas and electricity installations from terrorist attack … Read More