This last week has seen three country announcements for major plans to phase out energy generation facilities fuelled by coal, with Netherlands announcing the decommissioning of all coal power plants by 2030 and UK and Canada announcing they will champion a global alliance on the transition from coal during the upcoming COP23.
According to Reuters, the Paris City Hall announced on Thursday that it plans to introduce a petrol and diesel phase-out plan in Paris by 2030, as a way to tackle significantly high levels of air pollution.
Oxford City Council and Oxfordshire County Council have jointly proposed the establishment of a Zero Emission Zone in Oxford City by banning petrol and diesel vehicles ban from parts of the city centre.
Global energy giant General Electric is planning on opening a new research, design and development hub for renewable technology in Southampton.
During the annual Textile Exchange Sustainability Conference, 23 of the world’s most renowned clothing and textile companies, including Burberry, Adidas, Timberland, ASOS and Levi’s pledged to use 100 percent sustainable cotton by 2025.
The International Monetary Fund released its latest World Economic Outlook report, where it dedicated one complete chapter making the case for the unequal consequences of climate change that low-income countries will have to bear, urging rich countries to contribute more toward both climate change mitigation and adaptation efforts.
President Trump administration’s move to abolish the Clean Power Plan has provoked multiple reactions from States, businesses and environmental groups questioning the rationality of the decision from both moral and economic perspective.
The French banking giant, BNP Paribas, announced its new global financing policy stating that it will stop financing companies whose main activities are in the shale and tar sands oil industry, as part of its plan to accelerate its support of the energy transition and tackle climate change.
Scientists increasingly agree that planet Earth has only limited and finite natural resources. Traditional economic models were built around linear business models; extract cheap and easily accessible natural resources as raw materials for production, use the products for a limited amount of time to keep material production going, and waste what we no longer use to landfill.
The Scottish Government announced on Tuesday the establishment of a new £18 million Circular Economy Investment Fund, to help future-proof the Scottish energy sector.
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19 September 2017
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