Many of the world's biggest banks are falling far short of aligning their practices with the Paris Agreement goal of limiting the Earth's warming to 1.5 degrees Celsius above pre-industrial levels, a new report from the IIGCC warns. The report is discussed in an Associated Press news item on The Independent website. Banks far … Continue reading The world’s most influential banks need to substantially accelerate climate efforts
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
If you do a search on the EiD website for the Energy Charter, you will see many posts that show the Energy Charter Treaty could undermine efforts of the Paris climate agreement. Rachel Thrasher, Law Lecturer and Researcher at the Boston University Global Development Policy Center, Boston University; Blake Alexander Simmons, Postdoctoral Research Fellow in … Continue reading Fossil fuel companies have access to an obscure legal tool – the investor-state dispute settlement – that could jeopardise worldwide efforts to protect the climate
Saphora Smith writes on the Independent website about a new UN group set up to tackle greenwashing. The chair of the new group, Catherine McKenna, says: ‘I believe that most people want to do the right thing but they have to pushed.’ Hopefully this group will have some real impact. ‘Transparency is the best … Continue reading New UN group to scrutinise companies’ pledges to cut planet-heating GHG emissions
Climate protesters who take radical and provocative action risk alienating their allies and repression from authorities, but their tactics can yield significant advantages for their cause. Alistair Walsh discusses the impact of climate change activists in an article on the Deutsche Welle website. What do you think? Disruptive climate protests — do they help or … Continue reading Research shows that the tactics of climate change activists can yield significant advantages for their cause, but such radical actions also carry significant risks
The German government has been worried about being sued by the fossil fuel companies behind the Russian gas pipeline. This potential litigation is due to the Energy Charter Treaty (ECT). Yamina Saheb, a friend of EiD used to head the ECT’s energy efficiency unit and is now an energy policy analyst at the OpenExp think … Continue reading What does the Energy Charter Treaty have to do with the Ukraine crisis?
Rowan Gard, Environmental Anthropologist at the University of St Andrews in Scotland explains in an article on The Conversation website about the role that environmental campaigners have played in getting investment funds, public institutions and individuals to divest in fossil fuel investments. How $6 trillion of fossil fuel investments got dumped thanks to green … Continue reading The role of environmental campaigners in getting organisations to divest in fossil fuel investments