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United Kingdom: BoE's Carney say firms must be more open about carbon footprint

2015-09-30 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Bank of England Governor Mark Carney said on Tuesday that companies must be more open about their "climate change footprint" to avoid abrupt changes in asset prices that could destabilize markets. The speed at which assets such as coal, oil and gas reserves are re-priced to reflect the impact of climate change is vital to reduce potentially "huge" financial risks to British insurers and other investors, he said. "Risks to financial stability will be minimized if the transition begins early and...

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United Kingdom Cider Market Insights Report 2015

2015-09-30 02:00:00| Beverage industry market research - from just-drinks.com

The value of the cider category went up, even though the category performed flatly in terms of volume. Beer was heavily promoted during the FIFA World Cup giving cider strong competition.

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United Kingdom: Prince of Waless Corporate Leaders Group call for an end to fossil fuel subsidies

2015-09-28 16:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: The Prince of Waless Corporate Leaders Group (CLG) has announced its support for the Friends of Fossil Fuel Subsidy Reform Communiqué, calling for reform, and ultimately, elimination, of fossil fuel subsidies. The International Energy Agency (IEA) estimates that fossil fuel subsidies amounted to US$510 billion in 2014. This is based on the gap between what consumers pay and the actual cost of supply, but doesn`t consider the environmental and health costs. It is six times more than that allocated...

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United Kingdom: Cameron pledges 6bn to fight global climate change

2015-09-28 01:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: David Cameron has said that 6 billion of British taxpayers' money is to be spent tackling global climate change, promising that the UK will play its part. In a move which could anger Tory backbenchers, the Prime Minister increased the amount of aid money going to the International Climate Fund by around 50 per cent. Britain will put 5.8 billion into the fund between April 2016 and March 2021 far higher than the 3.87bn spent over the last five years. Mr Cameron said the commitment...

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United Kingdom: Wind farms 'threaten world's largest gannet colony'

2015-09-28 01:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: The worlds largest colony of gannets is under threat from proposed new offshore wind farms that could kill 1,500 birds a year, researchers have warned. About 75,000 pairs of gannets, Britain's biggest seabird, breed on the Bass Rock in the Firth of Forth each year, nesting with such density that they give the rock its distinctive white appearance. But two new wind farms planned nearby could threaten the colony, according to a new Government-funded study which found that gannets fly higher than...

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