Tag Archives: energy and climate change

LibLink … Ed Davey: Britain must signal the beginning of the end for coal investment

Ed Davey Social Liberal Forum conference Jul 19 2014 Photo by Paul WalterEd Davey writes in the Guardian:

For over 200 years, modern civilisation has been built on fossil fuels; now climate science says we must phase out fossil fuel pollution in just a few decades. That’s a colossal challenge – especially if we are to keep anything resembling current lifestyles while also ending the poverty that blights the lives of more than 1 billion fellow human beings.

We are already seeing a significant shift in thinking. The Rockefeller Foundation is divesting from coal and tar sands. Oxford University is considering similar action. And the Bank of England is analysing the impact on financial systems of fossil fuel investments becoming “stranded assets” – in other words worthless – if the world gets its act together on climate change.

Posted in News | Also tagged and | 35 Comments
Advert

Recent Comments

  • Diana Simpson
    You would have a problem of public transport capacity to cope with kids going home in the rush hour(s) rather than before it. Our local buses are missed out whi...
  • Chloe
    "We did use RON in single-winner STV / AV elections at my Students Union. But I’m not sure I see it as constructive practical politics" That's where it sho...
  • Chloe
    Richard; Who picks up the tab for the net fiscal deficit of the Scottish & Welsh governments . Jana is correct - ultimate sovereignty is with Westminster. ...
  • George Thomas
    I think there are some issues which should unite Welsh politicians across the spectrum: - retrospective compensation for lack of devolution of HS2 funding; ...
  • Matt (Bristol)
    cim - I could see a situation where in a multi-winner STV election, if NOTA or RON (reopen nominations) would remain in contention but with a special threshold ...