George Osborne's silence over nuclear power in his conference speech yesterday speaks volumes, writes Jeffrey Henderson. Fresh from his trip to China to put together deals worth tens of billions with state-owned Chinese corporations to get Hinkley C and Bradwell nuclear plants built, he had nothing to say on the matter. Is it because too many serious questions remain unanswered?
… major civil engineering and other projects (mining, oil drilling etc) - in Africa, Latin …
As the new year begins, the global clean energy transition is progressing much faster than most people realise, and is probably irreversible, writes Jeremy Leggett. President-elect Trump's prospects of revitalising the US coal industry, and giving the oil and gas industry the expansionist dream ticket it wants, are very low.
Never mind Trump - the global energy transition is racing forward Jeremy Leggett | 3rd January 2017 Comment Climate Change Politics USA China India Finance Paris Agreement ivanpah-solar-cut.jpg As …
The whole idea of North Sea oil was to make Britain rich, writes Simon Evans. At least that's how it all began. But now ... it cost UK taxpayers a massive £396 million a year in tax breaks and subsidies to keep the industry alive last year. And there's no reason to think that's going to turn around any time soon.
… between government and the oil, gas and mining sectors in the UK. The latest figures, …
A Senate vote yesterday to deny President Obama 'fast track' authority in negotiating TPP and TTIP looks like the beginning of the end for these trade deals and their secret corporate courts, writes Nick Dearden. Now it's up to Europeans to make sure the EU Parliament votes against TTIP in a crucial vote next month.
US Senators just knocked a wheel off TPP and TTIP. Now let's finish the job! Nick Dearden | 13th May 2015 Comment Trade Finance EU USA Politics stop-tpp-cut.jpg A Senate vote yesterday to deny …
The EU faces a choice: a green, democratic future of clean prosperity and social justice? Or a dirty future of corporate domination with resurgent nuclear power, expanding fossil fuels, GMO agriculture and weak human and environmental protection? Junckers' Commission represents the latter. We must assert our own vision - or there will be little worth staying in for.
Europe on the brink - green future or industrial wasteland? Oliver Tickell | 12th December 2014 Comment EU UK Nuclear Natural World Trade Finance euro-comm-cut.jpg The EU faces a choice: a green, …
Fund managers who neglect their 'duty of care' to clients by failing to put pressure on the companies they invest in to reduce their carbon emissions and prepare for a fossil-free future could be sued for their negligence, say respected experts in law, environment and finance.
… co-file shareholder resolutions which call on mining giants Anglo American, Glencore and Rio …
The Government of Honduras is intent on framing the only witness to the murder of Berta Cáceres as the one guilty of the crime, writes Beverly Bell. Gustavo Castro Soto, an eco-defender from Mexico, is now in effective detention in his country's embassy in Tegucigalpa in fear of his life, having himself been injured in the attack and seen the real assassin. The US Government must break its resounding silence.
… and sits on the governing body of, many anti-mining and anti-damming networks, as well as …
All the 'main' political parties are backing nuclear power in bold defiance of all the evidence that it's expensive, dangerous and not even low-carbon, writes David Lowry. Even George Osborne just admitted that Hinkley C is 'unaffordable' - but supports it anyway. For a rational nuclear policy, the way is Green.
… due to the high carbon footprint of uranium mining, milling and the very energy intensive …
To explain their desperation to commit an estimated £76 billion of public money to the Hinkley C nuclear project, writes Paul Dorfman, the Treasury and its Chancellor, George Osborne, claim there are other benefits that justify this vast expenditure. So what exactly are they? And do the claims survive critical examination?
… in the full nuclear life-cycle from uranium mining, through transport, fuel enrichment, …
The notion that nuclear is cheaper outside the UK is a myth, writes David Toke. Yes, it looks more expensive here - but only because new stations like Hinkley C have to compete in an electricity marketplace, making it harder to conceal the true costs like we used to.
Nuclear power is expensive everywhere! David Toke | 7th September 2015 Comment Energy Nuclear Finance UK Politics sizewell-t-cut.jpg The notion that nuclear is cheaper outside the UK is a myth, …
Insurers need to properly assess climate risks and divest from fossil fuels.
Insurance and climate change Nick Oldridge | 11th January 2019 News Insurance Climate Change Risk Management Finance istock_climate_flood.jpg Insurers need to properly assess climate risks and divest …
What kind of companies is the European Central Bank supporting by buying €46 billion of their bonds under its QE programme? Research by Corporate Europe Observatory reveals a strong preference for oil, gas, tar sands, dirty power generation, armaments, aviation, airports, car makers, motorways, luxury goods and gambling. Our sustainable be future be damned!
ECB's 'quantitative easing' funds fossil fuels, arms, cars and climate change Corporate Europe Observatory | 14th December 2016 News Finance EU Corporations Fossil Fuels Energy Aviation Transport …
A leaked text from the 'Trade In Services Agreement' negotiations shows that TISA is set to unleash a massive wave of deregulation affecting social, environmental and financial standards, and force the privatisation of state-run enterprises, writes Pete Dolack. So it's not just TTIP, CETA and TPP we have to fight - TISA could be the biggest corporate power grab of them all.
… of the service. "Environmental bonds that mining and pipeline companies are required to …
Thanks to New Zealand, the full text of the Trans Pacific Partnership has been made public. And as Pete Dolack writes, it's a disaster for health, environment, workers and democracy - one that will unfold over years and decades to come, as investors and corporations consolidate their power over elected governments and cement in the global rule of unaccountable capital.
The TPP - blueprint for the 1000-year Reich of global capital pete Dolack Systemic Disorder | 16th November 2015 News Trade Finance Law Regulation Climate Change stop-the-tpp-cut.jpg Thanks to New …
Despite Cameron's promise to lead the 'greenest Government ever', the environment has taken a heavy bashing since the 2015 election, writes David Clubb - whether on oil, fracking, renewable energy or planning policy. But Wales is doing its best to follow a sustainable path, and demonstrating badly needed environmental leadership that the whole UK would do well to follow.
… unanimously for a moratorium on opencast coal mining , as well implementing a Ministerial …
Economist Herman E Daly argues that our future depends on a new economic model, one that needs to be defined by the dynamic balance – the steady state – of the natural world upon which it depends.
A steady-state economy Herman Daly | 1st April 2008 News Steady-state Economics Throughput Economics Environment Lessons From Nature Food Security Rationing Risk Community Consumerism Forests Animal …
As the world’s poorest countries sink further and further into debt, Western corporations grow fat from government-backed projects that fuel conflicts, harm the environment and have built-in kickbacks.
Backing the Bad Guys Noreena Hertz | 1st December 2004 News World Bank Donald Rumsfeld Iraq Un Multilateral International Development US Finance World Bank Climate Change Politics And Economics …