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Osborne 'to abandon 2020 budget surplus target'

2016-07-01 12:38:15| BBC News | Business | UK Edition

Chancellor George Osborne has abandoned his target to restore government finances to a surplus by 2020, the BBC has learned.

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Climate change: UK backs world-leading climate target

2016-06-30 13:55:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: The UK government has set a world-leading climate change target up to the early 2030s. The Fifth Carbon Budget will cut carbon emissions by 57% by 2032 - that's based on 1990 levels. The announcement will help reassure investors needed to overhaul the UK's ageing energy system. But the government's advisory Committee on Climate Change (CCC) has warned the targets will be missed unless policies are improved. Labour's Barry Gardiner urged tougher policies, although he said: "At a time of...

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EU may have to adjust CO2 target if UK leaves bloc

2016-06-28 08:39:00| Climate Ark Climate Change & Global Warming Newsfeed

Brecorder: The European Union (EU) may have to reassess its carbon emissions reduction target for 2030 if Britain leaves the bloc, the United Nations' climate chief Christiana Figueres said on Tuesday. As a member of the EU, Britain contributes to the bloc's overall commitment to reduce carbon emissions as part of a global climate pact but if it decides to withdraw from it, the EU might have to adjust its target. "It would perhaps mean that the EU would have to take a look at the target that it has put...

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EU smashes 2020 emissions target six years early

2016-06-21 19:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: Outperformance in 2014 shows the EU can set a more ambitious course next decade, say campaigners Offshore wind power helped cut EU emissions (Flickr/Aaron) The EU soared past its 2020 carbon cutting goal six years early, according to European Environment Agency data released on Tuesday. Greenhouse gas emissions in 2014 were 4.1% lower than the previous year and 24.4% below the 1990 baseline. The 2020 target is a 20% cut. The biggest savings were in manufacturing, power generation and...

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Unprecedented': Third straight year of global coral bleaching to target U.S. reefs, scientists say

2016-06-21 15:05:48| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: The longest-lasting known global coral bleaching event has caused vast damage so far -- including large swaths of dead corals in the northern sector of the iconic Great Barrier Reef. Now federal scientists expect the coral bleaching to continue across key reefs in U.S. states and territories this summer, in some cases for a third straight year -- a likelihood the scientists call unprecedented. All Northern Hemisphere U.S.-coral reefs are on alert for coral bleaching this year, said Mark...

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