Modernisation of Energy Charter Treaty seen as “a real threat” to the landmark Paris climate agreement

The members of the Energy Charter Treaty on Friday struck a deal to “modernise” the energy charter treaty. The 1994 agreement allows investors to sue governments for changes in energy policy that harm their profits. The compromise agreement, which was largely designed by the EU, reduces the protection afforded to companies that have invested in … Continue reading Modernisation of Energy Charter Treaty seen as “a real threat” to the landmark Paris climate agreement

Clean energy funding to surge 12% in 2022, remains insufficient

Global energy investment is set to increase by 8% this year, the energy forum has estimated. Dimitris Mavrokefalidis discusses the IEA report on the Energy Live News website. The report is available here.   IEA: “Capital spending is insufficient to tackle the energy and climate crises” The current level of global capital spending is still … Continue reading Clean energy funding to surge 12% in 2022, remains insufficient

The world’s most climate vulnerable countries want rich, high-emission nations to pay for climate damages

The UN climate change conference now underway in Bonn, Germany has been a war of words in terms of who pays for climate disasters. This follows similar concerns raised at COP26 in Glasgow last year. Stuart Braun discusses latest developments in an article on the Deutsche Welle website.   Climate vulnerable nations demand compensation for … Continue reading The world’s most climate vulnerable countries want rich, high-emission nations to pay for climate damages

A new twist to ESG investing

When making a quick judgement on a company or other investment proposition, don’t take any assertions of ethical behaviour at face value, writes Hamish McRae in an article on The Independent website.   Ethical investing is harder than it looks – here’s why It is a tough one. Do investors have to choose between ethics … Continue reading A new twist to ESG investing

New EIB report on investors’ views on how the public sector can help to address the risks and challenges of the move towards a more hydrogen-fuelled economy

Robin Whitlock writes on the Renewable Energy Magazine website about a new report from the European Investment Bank that provides key insights into the main drivers behind the European hydrogen market and how the EIB should address them.   New report finds that the international investment community recognises both the opportunity for hydrogen deployment and … Continue reading New EIB report on investors’ views on how the public sector can help to address the risks and challenges of the move towards a more hydrogen-fuelled economy

New report on the cost of climate change to the UK economy

Many of the climate change impacts that the UK faces have the potential to create serious socioeconomic consequences. Ben Cooke writes on The Times website about a new report that provide improved estimates of the likely economic damages from climate change to the UK, highlighting where the greatest risks and need for adaptation are. The … Continue reading New report on the cost of climate change to the UK economy

Finance, whether green or otherwise labeled, will not come to the rescue of the planet

'Le Monde' journalist Eric Albert explains how the global head of responsible investing at HSBC bank dared to voice what most financiers are thinking: that climate change does not affect finance.   Green finance will not save the planet Stuart Kirk jolted everyone in the room awake. At a May 20 conference hosted by the … Continue reading Finance, whether green or otherwise labeled, will not come to the rescue of the planet

The “roiling debate over the value of ESG ratings”

Something does not seem right when a major stock index that tracks sustainable investments dropped electric vehicle-maker Tesla from its list in May 2022 – but it kept oil giant ExxonMobil. Tom Lyon, Professor of Sustainable Science, Technology and Commerce and Business Economics, at the University of Michigan discusses the issues in an article on … Continue reading The “roiling debate over the value of ESG ratings”

Johnson Controls publishes its latest annual energy efficiency indicator survey

This week Johnson Controls released its latest survey which revealed that 62 percent of organisations surveyed expect to increase investments in energy efficiency, renewable energy, or smart building technology in 2022, indicating a return to pre-pandemic levels.     Johnson Controls Annual Energy Efficiency Indicator Survey Reveals Investments in Sustainability have Rebounded to Pre-Pandemic Levels, … Continue reading Johnson Controls publishes its latest annual energy efficiency indicator survey

If ESG is to live up to its potential, we’re still a long way from making it meaningful

In an article on The Conversation website, Marc Lepere, PhD Candidate in Political Economy at King's College London discusses many of the concerns about the Environmental, Social and Governance (ESG) label. Fortunately, there is hope for the future.   Green investing: the global system for rating companies’ ethical credentials is meaningless As the war in Ukraine … Continue reading If ESG is to live up to its potential, we’re still a long way from making it meaningful