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The EU should welcome a green subsidy race

To IRA or not to IRA? That is the question for EU leaders as they try to agree on how to respond to the Inflation Reduction Act, Washington’s belated but punchy commitment to subsidise the green transition.

extinction rebellion protests

Extinction Rebellion abandons disruptive climate protests in UK

Extinction Rebellion, the environmental group that has targeted the City of London, announced on Sunday it would suspend acts of public disruption in the UK and focus instead on mass demonstrations.

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Image by James Armbruster from Pixabay

COP15: UN pushes to end to $1.8tn in subsidies linked with harm to nature

The UN development chief has warned against “illogical” and “perverse” subsidies to industries estimated at $1.8tn that harm the planet, as the body pushes for a global deal to reverse the widespread destruction of nature.

biodiversity cop15

Gillian Tett: Silence on biodiversity is deadly

When Egypt hosted the COP27 climate change talks last month, political heat was triggered — as well as noise. But when the so-called COP15 biodiversity talks started last week in freezing Montreal, there was near silence on the global stage.

Catastrophe reinsurance set to soar after year of extreme weather, industry warns

Catastrophe reinsurance set to soar after year of extreme weather, industry warns

Property catastrophe reinsurance premiums are about to soar as some companies have been forced to leave the market after another year of extreme weather, the industry has warned.

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‘Green hushing’ on the rise as companies keep climate plans from scrutiny

A trend known as “green hushing” is growing as companies are increasingly choosing not to publicise details of their climate targets in an attempt to avoid scrutiny and allegations of greenwashing, a new study showed.

UK looks to cap renewable electricity generator revenues
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UK looks to cap renewable electricity generator revenues

Wind and solar power companies fear the government’s plans amount to a windfall tax
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