A raft of new fossil fuel developments being planned across Scotland will lock the country into polluting the climate for decades and help “fry the planet”, campaigners are warning. The Ferret can reveal that companies are planning three major oil and gas plants at Grangemouth and Hunterston in the central belt, as well as drilling 100 wells and investing in up to 10 new oil fields in the North Sea. This has prompted accusations that the industry is planning “business as usual”, with carbon emissions carrying on warming the climate and triggering wildfires, droughts, floods and storms across the globe.
The Ferret 15th Sept 2019 read more »
The National 15th Sept 2019 read more »
SCOTLAND’S biggest local government pension fund is facing renewed calls to dump oil and gas investments. The giant Strathclyde fund has been urged to drop all fossil fuel extraction assets from its multi-billion-pound portfolio from a working group set up by its biggest contributor, Glasgow council. The city has ambitious plans to become the first in the UK to get to zero-net carbon, when it takes out as much of the greenhouse gas from the atmosphere as it puts in. A working group set up to help the city achieve its aims has called for divestment. In a major report, it said: “Another major issue in relation to finance is that of pension fund investments in fossil fuel extraction. “The working group heard proposals for a programme of divestment from such activities and learned of a growing body of experience from organisations which have done this. “They include major funds within our own city, such as the pension fund for the University of Glasgow.
Herald 16th Sept 2019 read more »
UK regulators have issued a warning to Norwegian energy giant Equinor over advertisements on the London Underground that implied gas is a “low-carbon energy” source. It is the first time the watchdog has made such an assessment. The UK Advertising Standards Authority, ASA, told the Norwegian state-backed energy major not to use the advertisement again after a complaint was submitted about a poster seen in Westminster tube station. The watchdog said the company had agreed not to use the ad again and will make changes if they decide to run a similar campaign in an email to Murray Worthy, senior campaigner at Global Witness, the NGO, who lodged the complaint.
FT 15th Sept 2019 read more »
Letter: Fiona Harvey is surely right when she says “adaptation alone won’t save us from climate disaster” (Journal, 12 September). She gives an apt metaphor that adaptation “while continuing to burn fossil fuels is like trying to mop up an overflowing sink while the taps are still running”, but she still talks of mechanisms for “better economic growth”. Political leaders worldwide need to recognise the causal connection between economic growth and global heating, manifest in fossil fuel consumption. To save the planet, fossil fuels need to stay underground – unused by the greed of humankind. Our energy must come from wind, wave, hydraulic and solar sources, but this will be insufficient to maintain many of our industries and, consequently, many jobs will be lost.
Guardian 15th Sept 2019 read more »