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A Green Investment Bank?

Tuesday, 30 March 2010 03:39 By Chris Innis

The Government last week announced another big idea for the environment sector, a "Green Investment Bank" owned and funded by Government to promote clean industry and technology. Like all these ideas, first impressions are good. The Government is seen to be doing things, it is an easy headline to convey and understand and it is always applauded by those from the industry.

However, it is another bad idea and a waste of money. Why?

Climate change demands a new political class

Wednesday, 04 November 2009 10:56 By Chris Innis

Copenhagen will be the focus of this sector's attention in the next eight weeks as the new Kyoto Agreement is fleshed out. Cutting emissions is important. In a finite world, and we do live in that, we should only use the resources we need and our planet can afford to give. That is just common sense and in the climate debate it also seems to be common ground.

Copenhagen might get an agreement on emissions reductions, but will it change mankind that much?

Avoid protectionism in climate bill urges Obama

Wednesday, 01 July 2009 01:32 By Chris Innis

President Obama has warned against any provision in the climate bill that imposes trade restrictions or penalities on countries that do not accept limits on global warming pollution. He commented that while the global economy was in recession that "we have to be very careful about sending any protectionist signals out there."

DECC announces shuffle of ministerial responsibilities

Wednesday, 01 July 2009 01:12 By Chris Innis

The Department of Energy and Climate Change (DECC) has announced a shuffle of ministerial responsibilities.

The Secretary of State, Ed Miliband MP will lead the Government on:
• Overall strategy
• Leading for the UK in key international and EU negotiations

The Minister of State, Lord Hunt of Kings Heath OBE is responsble for ensuring secure,

Developing countries need $170 billion per year to combat climate change

Wednesday, 01 July 2009 00:58 By Chris Innis

The EU's finance experts believe that developing countries will require $170 billion per year by 2020 to combat climate change with $140 billion being spent on emissions reductions alone. The EU has recognised that it will have to help fund the transformation of the developing world to a low carbon economy and that a firm funding plan is one of the few means of securing the support of the developing world for an international climate change agreement.

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