John Gibbons: Investors’ slow shuffle away from fossil fuel giants gathering speed
Real climate action is finally happening – and the key driver is, improbably, the global investment community
The decision to rely on fossil fuels to power civilisation and expand our dominion over the planet means humanity has unwittingly struck a Faustian pact with nature. We have understood the broad terms of this bargain for well over half a century.
In 1965, Lyndon Johnson, the US president, published a report that presciently examined the existential risks involved in uncontrolled fossil fuel burning.
“By the year 2000 the increase in atmospheric CO2 will be close...
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Government pushes back on Europe-wide carbon tax plan
Eamon Ryan says the EU is trying to put in place what Ireland already has, and that there is ‘significant kickback’ against the proposal by other member states
EU’s planned carbon tax regime could lead to another trade war with the US
The European Commission's Fit for 55 package doesn’t make life easy for US president Joe Biden, and would be regarded by many as a tariff by stealth
Climate targets are now set in law, but can they be achieved?
The government’s Climate Action Bill became law last Friday but, as we step up efforts to reduce our emissions, some areas such as data centres and farming are a cause for concern