Torres Islanders’ have won a legal case involving climate damage and their right to enjoy culture and family life
Green steel is clearly a good thing. But it's clearly going to need a lot of government support to get from where we are now, using a lot of coal, to where we want to be, using mostly renewables.
“If you don't know where you are going, every road will get you nowhere" - Henry Kissinger. This is the blog for all of you who deal with sustainable investing, and who want to make better and more informed investing choices. The time has finally come. After
Our cities need micro mobility (scooters and bikes) to work if we are to reduce car use, as they can replace shorter distance trips and first/last mile travel.
According to an MIT study, an increased use of electricity and energy storage can make a decarbonised electricity system both affordable and reliable. Technologies that are already proven and available for use include Li Ion batteries, but also some thermal storage and pumped hydro.
The EU’s draft regulation on deforestation-free products proposes to restrict imports of key agricultural commodities
The Lawyer who defeated Shell predicts an “avalanche” of climate cases
The consensus conclusion seems to be that most countries could get to c. 70% renewables “fairly easily”, but the last 10-30% is technically possible but the costs could be prohibitive.
A combination of local (& regional) regulation, with an increased use of international human rights law, will create long term risks for companies.
There is an obligation on private entities operating in jurisdictions other than the one where they are domiciled to operate according to human rights and labour standards
Once a government has signed an international treaty and implemented it into national law, then all companies in that country (including their overseas subsidiaries) are also bound by the same obligations.
It's not just in Europe where human rights law is flexing its muscles - the US is getting into the act as well.