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The problem with COP26

Low Impact

The IPCC recently conducted a study into the combined effects of all the agreed targets of the countries taking part in the ongoing COP talks. Attempting to maintain business as usual (which is the only type of solution that will be debated at COP 26) will only make things worse. Whatever does come out of COP won’t be enough.

COP 113
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'A good starting point': The green economy reacts to the government's 10 point plan

Business Green

The plan promised to deploy a combination of policy interventions and funding to accelerate the UK development of offshore wind, green hydrogen, nuclear power, electric vehicles, public and active transport, green aviation and shipping, energy efficiency, carbon capture and storage, natural carbon sinks, and clean tech innovation and green finance.

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'Slight tension': From coal mines to nuclear, new Business Secretary hints at delicate decisions at heart of UK's net zero ambitions

Business Green

But while the group includes representatives from a raft of firms with net zero targets and sustainability plans - such as Unilever, Tesco, BP, Landsec, BT and Legal & General - commentators have pointed out the lack of any pure-play green companies within the Council's membership. Nuclear power is essential," he told MPs.

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Autumn Budget and Spending Review 2021: The green economy reacts

Business Green

There were notable fresh announcements regarding business rates relief for green technology investments, £1.7bn funding for a new nuclear power plant this Parliament, and fresh funding for skills, but these were counterbalanced by a hike in Air Passenger Duty and yet another freeze in fuel duty.

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'Economically and environmentally illiterate': The green economy reacts to the Energy Security Strategy

Business Green

E3G campaigns director Ed Matthew said: "With no new support to save energy and by holding back on solar power and on-shore wind, this strategy will do nothing to help the UK get off Russian gas this year. Instead, the government has prioritised policies that will keep us dependent on high cost fossil fuels and nuclear power.

Energy 36
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COP26 is over, now what? Here's what it could mean for business

Business Green

In November, I had the privilege to represent Schneider Electric at the UN's Conference of Parties (COP) on climate change in Glasgow. This COP was unlike the previous 25 iterations, in that it took place during a global pandemic. One aim of the conference was to 'keep 1.5 degree Celsius warming trajectory. Bottom Line for Business.

COP 48
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Fear and loathing in Glasgow

Business Green

How long since the Paris COP? Would Glasgow be able to rise to the Paris COP, or was that doomed to be a peak that never comes again? My COP-dazed mind wandered back. Even more downbeat, an expert whispered that success would simply be ensuring Glasgow is not the end of the Climate process dream altogether, the last COP.

COP 41