Posts Tagged ‘UK’
100 UK universities pledge to divest from fossil fuels
This article was written by Helena Horton and originally published in The Guardian on October 27, 2022. One hundred universities in the UK have pledged to divest from fossil fuels, the Guardian can reveal. This equates to 65% of the country’s higher education sector refusing to make at least some investments in fossil fuel companies,…
Read MorePeople in US and UK face huge financial hit if fossil fuels lose value, study shows
This article was written by Damian Carrington and originally published in The Guardian on May 26, 2022. Individuals in rich countries face huge financial losses if climate action slashes the value of fossil fuel assets, a study shows, despite many oil and gas fields being in other countries. The researchers estimated that existing oil and…
Read MoreChina looks to overtake the U.K. as world leader in offshore wind power
This article was written by Rick Spence and published in Corporate Knights on April 28, 2022. For years, the United Kingdom has been the world leader in harnessing offshore wind power. Burly wind turbines poking out of the Thames estuary, the North Sea and the Irish Sea now produce more than 10 gigawatts of power…
Read MoreNew report finds pension funds enable more CO2 than the entire UK carbon footprint
This article was written by Rachel Cooper and originally published in Climate Action on October 29, 2021. A new report from Make My Money Matter finds that the UK pensions industry enables more CO2 than all UK carbon emissions. Pension schemes fund an estimated 330 million tonnes of carbon emissions every year. If the pensions industry were…
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