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United Kingdom: Ed Davey: investors should be informed fossil fuel investment risks
2014-12-11 12:05:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Energy and climate change secretary Ed Davey has commented that there is a case for making companies disclose their investments in fossil fuels and explain associated the risks. The remarks come as the fossil fuel divestment campaign continues to gather pace. Daveys comments were made at the UN conference currently taking place in Lima, Peru, which aims to produce a draft international climate change agreement. Tackling climate change means there are risks in the industry and the minister argues...
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Klein Tools Expands Presence in United Kingdom and Ireland
2014-12-11 11:30:51| Industrial Newsroom - All News for Today
Klein Tools Expands Presence in United Kingdom and Ireland with Significant Financial Investment and Strategic Partnership with Super Rod (Lincolnshire, Ill.) Klein Tools (www.kleintools.com), the number one hand tool choice of professional electricians in the United States, announced expanded initiatives in the...
Tags: tools
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united kingdom
United Kingdom: Government infrastructure plan could lock in greater fossil fuel dependency
2014-12-10 11:43:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Analysis of the UKs infrastructure pipeline indicates that fossil fuel projects are expected to exceed that of low-carbon energy, potentially locking in a greater dependency on fossil fuels and cutting the chances of the UK meeting carbon emission targets. The infrastructure plan was updated by the Treasury this month and analysed by Green Alliance. The findings suggests that since a detailed pipeline was released in 2012, expected spending on fossil fuel energy infrastructure has been revised...
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United Kingdom: Fossil fuel investing risk to pension funds, says Ed Davey
2014-12-07 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Telegraph: Investing in fossil fuels is becoming increasingly risky because global action to tackle climate change will curb demand, forcing companies to leave unprofitable reserves in the ground, Ed Davey, the energy secretary, has warned. Financial authorities must examine the risks posed by coal, oil and gas companies to prevent pension funds investing in what could become "the sub-prime assets of the future', Mr Davey said. The comments are Mr Davey's first intervention into the debate over the "carbon...
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kingdom
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risk
United Kingdom: Ed Miliband lambasts PM for 'ignoring advice on climate change'
2014-12-07 01:54:00| Climate Ark Climate Change & Global Warming Newsfeed
Independent: David Cameron has "abdicated responsibility" on the environment and left Britain trailing the world on climate change, Ed Miliband says today. Ahead of UN climate talks in Peru this week, the Labour leader, writing for The Independent on Sunday, launches a savage attack on the Prime Minister for turning the UK from being a world leader on environmental targets into a "laggard" because Mr Cameron believes it is no longer a "fashionable" subject and Conservative MPs are "flirting with climate change...
Tags: change
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