Environmental campaigners have boarded an oil rig as it was being towed out to sea and are staging a protest onboard. Greenpeace activists say they scaled the 27,000-tonne rig – operated by BP – as it attempted to leave Cromarty Firth. The protesters are calling for BP to end drilling for new oil wells and say they are prepared to stay on board the rig “for days”. At approximately 6.30pm on Sunday, campaigners in a boat pulled up alongside the rig near Inverness, climbed aboard and unveiled a banner declaring a climate emergency.
Telegraph 10th June 2019 read more »
Guardian 9th June 2019 read more »
The government has been taken to task by its own MPs for sending billions of pounds overseas to help build power plants that burn fossil fuels while claiming a climate victory on home soil. The environmental audit committee said the UK is sabotaging its climate credentials by paying out “unacceptably high” fossil fuel subsidies to developing nations, while claiming to lead world in tackling the climate crisis. It called on ministers to stop by 2021 using taxpayer funds to lock poorer nations into a fossil fuel future. The rebuke is the clearest cross-party criticism of the UK’s fossil fuel subsidies and comes after mounting international criticism in recent months. Environmental activist Greta Thunberg said in April the UK’s “active, current support of new exploitation of fossil fuels” was “absurd”. The audit committee report found that UK Export Finance (UKEF), which provides lines of credit and insurance to help companies win business overseas, spent £2.6bn in recent years to support the UK’s global energy exports, of which £2.5bn was handed to fossil fuel projects. Only 4% of its funding, or £104m, was used to support renewable energy projects.
Guardian 10th June 2019 read more »
The UK’s export credit agency is undermining the government’s commitments on climate change by supporting fossil fuel energy projects in poorer countries, a parliamentary inquiry has concluded. In the five year period to 2017-18, UK Export Finance, which offers guarantees and loans to UK exporters who cannot find commercial backing for a viable project, offered support of £2.6bn to the energy sector, more than a fifth of its exposure on all new business. Almost all of this went to fossil fuel projects in low- and middle-income countries, according to a report by the Environmental Audit Committee, published on Monday. Mary Creagh, the committee’s chair, said this level of support was “unacceptable”, accusing the government of hypocrisy in its ambition to cut UK greenhouse gas emissions to net zero by 2050, a target that could become law this week.
FT 10th June 2019 read more »
The UK must stop spending billions of pounds of taxpayers’ money on fossil fuel projects in developing countries or risk badly undermining its international climate and development goals, a group of MPs has warned. Parliament’s Environmental Audit Committee (EAC) said the government’s support for fossil fuel projects around the world was “unacceptably high”, with the overwhelming majority of fossil fuel investments from the UK Export Finance department spent in low and middle income countries.
Business Green 10th June 2019 read more »