British foreign aid for coal mines and power plants is to end to help combat climate change, Boris Johnson will pledge today (Mon). The ban – which will slash aid for fossil fuels by tens of millions a year – will be announced at a UK-Africa investment summit in London attended by 21 African countries. It is part of the Government’s new “green” strategy which includes a target of net zero greenhouse gas emissions by 2050. Last year research by the Overseas Development Institute found the UK Government had spent almost £700 million of its foreign aid budget on fossil fuel extraction abroad since 2010 despite signing up to international agreements to cut greenhouse gas emissions.
Telegraph 19th Jan 2020 read more »
iNews 19th Jan 2020 read more »
Business Green 20th Jan 2020 read more »
Times 21st Jan 2020 read more »
A provisional date has been set for the decision on fracking plans in Lancashire – the first to be considered since the government announced a moratorium last year. Lancashire County Council has earmarked 27 March 2020 for a special meeting on the application by Aurora Energy Resources at Altcar Moss near Formby. The company wants to drill and frack up to two wells on farmland near the village of Great Altcar and close to protected wildlife sites. This will be the first planning application for fracking to be decided in England since the moratorium was imposed in November 2019 because of concerns about earth tremors.
Drill or Drop 20th Jan 2020 read more »
Lloyds Banking Group has pledged to more than halve the carbon emissions linked to its loan book over the next decade, as banks come under increasing investor pressure to play a larger role in the fight against climate change. The UK lender said it would introduce new products such as green mortgages, increase lending to businesses such as renewable energy generators, and provide advice to existing customers to help them reduce their emissions.
FT 21st Jan 2020 read more »
Campaigners say Scotland’s new public bank must not invest in ‘damaging’ fossil fuels.
Energy Voice 21st Jan 2020 read more »
Scotland’s new public bank must be an ethical lender, environmental campaigners have said. Friends of the Earth Scotland said that the Scottish National Investment Bank, which will invest in companies and infrastructure projects, should be set up with minimum ethical standards so that it does not invest in “damaging” projects such as fossil fuels. MSPs are preparing to vote today on legislation that would grant the powers for the bank to be set up as a public limited company.
The Times 21st Jan 2020 read more »
Big oil is the new big tobacco. Congress must use its power to investigate.
Guardian 20th Jan 2020 read more »