LONDON (Reuters) – Scarce resources and pollution control measures are the two environmental issues which have the most impact on the net earnings of businesses today, a private equity fund manager said on Thursday.
London-based Ambienta says it is the largest European private equity fund specializing in the environmental sector, with more than 450 million euros of assets under management.
LONDON (Reuters) – The management of water resources is the biggest climate-related issue facing makers of alcoholic drinks, a senior executive at Diageo told the Reuters Global Climate Change Summit.
“For us, water is key in terms of what can affect us from a climate change perspective,” David Cutter, Diageo’s president of global supply and procurement said at the summit on Wednesday, held at the Reuters office in London.
LONDON (Reuters) – Competition and regulation push companies to take action to protect themselves from the effects of climate change, not climate science, Jon Williams, partner at global consultancy firm PwC told the Reuters Global Climate Change Summit.
Williams, who leads the finance sector team at PwC’s sustainability and climate change practice, advises clients such as banks, insurance companies, asset managers, corporates and governments on climate risks.
LONDON, Oct 13 (Reuters) – Many companies are “woefully
unprepared” for extreme weather which causes hundreds of
billions of dollars of losses a year, Standard & Poor’s Ratings
Services told the Reuters Global Climate Change Summit.
A U.N. panel of scientists has said it is at least 95 pct
probable that manmade emissions are the main cause of rising
temperatures since 1950 and predicts that the frequency of
extreme heat waves, floods, storms and downpours will rise.
LONDON, Sept 18 (Reuters) – Developing nations are leading a
revival of interest in nuclear power, say atomic plant builders,
but orders remain elusive as more safety features post-Fukushima
have inflated investment costs.
Three-and-a-half years after Japan’s reactor accident shook
confidence, around 25 countries are thinking of turning nuclear
to sustain strong growth and provide cleaner and reliable power.
LONDON (Reuters) – British lawmakers say the government is doing a worse job of reducing air pollution, preventing flooding and protecting wildlife than it was four years ago, according to a report published on Tuesday.
The Environmental Audit Committee’s report scored the government according to the progress it has made in 10 areas of the environment. Those included air pollution, emissions and climate change, forests, flooding and coastal protection, resource efficiency and water availability.
LONDON (Reuters) – Nuclear energy should be left out of any political decisions such as sanctions, an executive at Russia’s state nuclear corporation Rosatom told Reuters on Thursday.
A conflict between Russia and Ukraine following the ouster of Ukraine’s pro-Moscow president and annexation of its Crimea region by Russia has highlighted the issue of energy security over concerns about the disruption of gas supply to Europe.
LONDON (Reuters) – Britain risks an electricity crisis this winter which has forced the grid operator to take precautionary measures and will mean greater reliance on imports from Europe where operators face their own supply constraints.
National Grid has announced a scheme to encourage utilities to make idle capacity available this winter, something the grid operator had not planned to do until next year.
LONDON, Sept 4 (Reuters) – EDF Energy expects two
of its nuclear power stations in Britain, currently offline for
inspections, to be back in service between the end of October
and end of December, it said on Thursday.
The company’s Heysham 1 and Hartlepool nuclear plants were
taken offline last month to conduct inspections of their boilers
after a fault was found on a boiler spine at Heysham 1.
LONDON (Reuters) – Britain’s government and the Green Investment Bank plan to invest in a new renewable energy plant in Scotland, which will help power a well-known whisky distillery.
The project will cost a total of 74 million pounds. The UK Treasury will raise up to 48 million pounds from a bond issue, while the Green Investment Bank and asset manager John Laing will each invest around 13 million pounds.