Energy Policy

PwC analysis shows UK decarbonising at the fastest rate among G20 countries last year; Carbon intensity of the UK economy fell by 7.7% in 2016 as a result of a decline in coal consumption, improved energy efficiency and moderate economic growth; The UK outperforms China, the US and other EU countries, in reducing carbon intensity on average since 2000; The UK is strongly outperforming its peers within the G20 according to PwC’s Low Carbon Economy Index (LCEI). The new analysis reveals that in 2016, the UK achieved a decarbonisation rate of 7.7% – almost three times the global average of 2.6% and putting it at the top of our LCEI table.

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Edie 12th Sept 2017 read more »

Institutional investors are gearing up to plough increasing amounts of cash into the low carbon transition, but many still feel hamstrung by companies not being open enough about the climate-related risks their firms face. According to a new survey conducted by financial market researchers East & Partners on behalf of HSBC, two-thirds of institutional investors plan to increase their level of investment in climate mitigation efforts. But of the 497 institutional investors surveyed, more than half say they are receiving “highly inadequate” information from companies about their exposure to climate risk, despite months of high-level focus on the issue from financial heavy weights including Bank of England governor and chair of the Financial Stability Board (FSB) Mark Carney. Alongside the risks of poor disclosure – which include the threat of reputational damage and the impact of so-called “stranded assets” – the study also underlined the growing sense of opportunity with which investors regard the low-carbon transition.

Business Green 12th Sept 2017 read more »

FT 12th Sept 2017 read more »

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Published: 13 September 2017