OECD says progress on green growth ‘is too slow’

Many countries’ progress on green growth is too slow. That’s according to a new report from the Organisation for Economic Co-operation and Development (OECD), which suggests although the world’s nations are generally becoming more efficient, advances in environmental productivity are more modest when emissions from international trade are factored in. The study of 46 countries […]

‘Greener economic policies can boost growth’

Integrating climate change into economic policy can significantly boost growth. That’s according to a new report from the Organisation for Economic Co-operation and Development (OECD), which shows combining these agendas could add 1% to average economic output in G20 countries by 2021 and lift 2050 output by up to 2.8%. When the economic benefits of […]

The world is worried about commodity prices

The world is worried about commodity prices. That’s according to a new report from the World Energy Council (WEC), which surveyed 1,200 energy leaders from more than 90 countries about the potential impact and future uncertainty of various issues in the sector. The majority of ministers and businessmen questioned said they expect prices to become even more volatile as energy demand […]

Boost green taxes for economic growth, says EU

Moving taxes away from labour and towards pollution could bring in revenues of around €35 billion (£21bn) in 2015, the European Commission said. That could rise to €101 billion (£60.6bn) in 2025, with the possibility of reaching “far higher figures” if steps were also taken to remove environmentally harmful subsidies. Studies published by the Commission […]

npower’s Wayne Mitchell’s Energy Blog

Has the link between economic growth and emissions been broken? New analysis of global carbon emissions reveals that the rate of increase significantly slowed in 2012. According to the Trends in Global CO2 Emissions report, produced by Europe’s Joint Research Centre and the Netherlands Environmental Assessment Agency, worldwide emissions reached 34.5 billion tonnes in 2012 […]

Slow economic growth could reduce oil demand, says IEA

Global demand for oil is expected to fall next year due to a slow-down in economic growth, according to the International Energy Agency (IEA). Its ‘Oil Market Report’ (OMR) showed oil demand would grow only by around 900,000 barrels a day this year. For 2013, weaker economic growth worldwide could cut 400,000 barrels a day […]

"21st century drinking water" delivered to Edinburgh

Edinburgh received its new water supply last week following a £130 million investment on a high quality water project. Scottish Water claims the investment will supply clean and efficient “21st century drinking water” to up to 450,000 customers across the city. David Birrell, Edinburgh’s Chamber of Commerce Chief Executive said: “The delivery of high quality […]