[View the story "COP21 - Day One Coverage" on Storify]
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We're not ones to say "We told you so..." at 350, but we're delighted to hear that the COP 21 Climate Change summit has already established that carbon trading from emissions reductions is firmly back at the heart of the global climate change agenda. Regular readers of this blog will know that re-energising the carbon market is the most practical way to address global emissions increases. And more to the point, it's also the fairest way to affect greener, clean development in the developing world. On the opening session in Paris (COP21), Germany, Norway, Sweden and Switzerland announced an [...]
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We have a theory about the Chinese stock market crash. And it’s just that, a theory because as anyone who studies the Chinese economy knows, there’s a certain lack of transparency in the data that makes it difficult to pinpoint the real reason why the market has been lurching downward in recent months. But one thing is pretty much certain, it's not a crash. In fact, it's doesn't look like a market correction either. China’s recent stock market slump has provoked a lot of speculation about the cause. Over the last few years, many commentators have suggested Chinese banks [...]
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On the surface, the latest CMA energy market investigation (Competition and Markets Authority) report appears to be criticising the big six consumer energy suppliers (CMA reports). Consumers have footed a bill between 2009-2013 (the report focus) that’s £1.2bn per year more than they should have paid in a competitive marketplace, the CMA concluded. It has led to rumours of a price cap whilst reforms are made to the energy market. The CMA chairman, Roger Whitcomb was quoted saying “There are millions of customers paying too much for their energy bills - but they don’t have to,” but [...]
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In a break from our usual focus on carbon reduction and renewable energy investment, this week I’ve hijacked Renewable Money with a prediction about the UK general election tomorrow. You might not know that old hands from the politics circuit often used some very strange (but often accurate) election result predictors, and in a too-close-to-call election, they might actually work... When the polls & data won’t cut it: These days the polls are pretty good (the closer you get to the election) but in a neck and neck tie, the poll margin of error means they’re no help at all in [...]
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As Britain is gripped by election fever it seems the issue of climate change and CO2 reduction has taken a back seat. But rising global CO2 emissions will have a significant impact on the nation’s future health and economic prosperity, so although the c-word isn’t high on the campaign agenda it remains a key underlying issue for the next government. More importantly, assuming the objective of a modern environmental policy should be (in part at least) to reduce carbon emissions, it should be pretty easy to work out which party has got the best offering… right? The story so far: As [...]
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