Browsing All posts tagged under »UK«

UK may import offsets to meet its commitment

May 20, 2011 by

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Following up on its commitment to halve its carbon footprint by 2025, the UK could import carbon credits outside of EU carbon market to offset its emissions. Although the government is yet to confirm if offsets to meet non ETS goals (over the 2013-2022 period) is in line with UK laws, it has however confirmed […]

Ambitious “Fourth Carbon Budget” to take Britain to the top

May 18, 2011 by

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The UK government on Tuesday approved legally binding greenhouse gas emission cuts with the release of its Fourth Carbon Budget. The target aims at a 50 percent reduction of GHG emission by 2027 by limiting the total emission between the years 2023 to 2027. This proposal reaffirm Britain’s commitment to be the “greenest government ever”. […]

S & P Ratings – Proposal to encompass Carbon et al

January 25, 2011 by

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A recent article in Daily Environment Report states that Standard & Poor’s (S&P) is working on ways to integrate the risks of greenhouse gases into its corporate credit ratings system. This move could be driven by a number of changes in the macro-environment such as tightening of the EU emissions trading scheme in its third phase. […]

Reporting GHG benefits business

December 8, 2010 by

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A research recently published by DEFRA ( Department for Environment Food and Rural Affairs, Government of UK) has found that British businesses that choose to voluntarily report their GHG emissions do experience benefits such as cost savings, improved green credentials, and better relations with investors and customers. This study found that businesses which measured their […]

UK – Domestic Rooftop PV

December 7, 2010 by

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Solar PV panels are roof panels which convert sunlight into electricity. The equipment generates electricity at the point of use for the benefit of the building and any electricity that is not used can be exported to the National Grid. The owner of the building can make money on selling this excess electricity back to […]

Mandatory carbon reporting – UK Businesses view

December 7, 2010 by

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Leading business houses across the United Kingdom have requested the government to introduce mandatory carbon reporting for large companies by 2012.  A group “The Aldersgate Group” comprising of businesses, NGOs, politicians and academics have made their request in an open letter to Environment Secretary -it has been published in the Financial Times on 26 November. […]

ECO – LABELLING – WHERE IT STANDS, WHERE TO?

November 27, 2010 by

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As awareness of the dangers of climate change increases, purchasers and consumers of goods and services are interested in becoming better informed regarding the impact of their choices on environment. Carbon labelling can help educate purchasers and allow them to make more informed choices.   Carbon Labelling involves reporting how much greenhouse gases were emitted to […]