The XR effect: How the investment sector is shifting cash towards low-carbon industries. As climate protestors head to The City, growing numbers of investors are flexing their financial muscle to address climate issues. The road blockades, impounded octopi, kettled kitchen sinks, and attacks of fake blood have not gone unnoticed by the global investment community.
Business Green 14th Oct 2019 read more »
Cuadrilla is not abandoning its fracking ambitions in Lancashire and still plans to apply for an extension to its shale gas campaign, the company has said. The company hopes to apply to Lancashire county council to extend drilling at the Preston New Road site beyond a 30 November cut-off point. Work had been suspended in August after the location recorded its largest ever tremor and Cuadrilla hopes to lodge its appeal once a review of the quake is completed.
Guardian 14th Oct 2019 read more »
The European Investment Bank faces a knife-edge vote on Tuesday on a proposal that would ban it from channelling billions of euros towards natural gas projects, extending a clampdown on fossil fuels by multilateral lenders. The board of the world’s largest multilateral development bank is poised to vote on whether to halt all new loans to fossil fuel projects from the end of 2020, despite pushback from members including Germany and the European Commission.
FT 15th Oct 2019 read more »
PROTESTERS have climbed onto two North Sea oil platforms off Shetland to campaign against leaving parts of the old rigs in the sea. Greenpeace International said activists from the Netherlands, Germany and Denmark had boarded Shell’s Brent Alpha and Bravo platforms as part of a protest against plans by the company to leave parts of old structures in the North Sea.
The National 15th Oct 2019 read more »