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22 May 2015

Mexico leads. Will others follow?

Since it successfully managed the post-Copenhagen salvage operation at COP16, Mexico has made great strides in implementing climate policy. It has had less success in reducing its carbon intensity. So the emissions target Mexico proposed earlier this year appears really ambitious and implies a significant shift in policy and regulation...

19 May 2015

Canada’s climate ambition – an alternative perspective

Canada proposed to cut its emissions by 30% on 2005 levels by 2030 in its submission to the UN late last week. Jonathan Grant and George Gale looked at the numbers. Contrary to other commentary, our Low Carbon Economy Index model shows that Canada’s target is more ambitious than the...

11 May 2015

What would Japan, Canada and Australia’s targets be if they are as ambitious as the EU or US?

By Jonathan Grant, Robert Milnes and George Gale Over a month after the UN’s deadline, Japan, Canada and Australia have still not submitted their emissions targets for Paris. So we used our Low Carbon Economy Index (LCEI) model to calculate the target they’d need in order to show the same...

23 March 2015

Does the EU really lead the US on climate ambition?

Assessing countries’ relative level of ambition or effort will be a critical political issue this year. So how does the US target of a 26-28% reduction on 2005 levels compare with the EU’s target of a 40% reduction on 1990 levels? Jonathan Grant and Rob Milnes looked at the numbers...

18 March 2015

Budget 2015 - PwC comments on flood defence announcement

Jon Williams, PwC sustainability and climate change partner, said: "The decision to bring forward £140m of the £2.3bn six-year flood defence programme is to be welcomed, both for the 31,000 additional homes that will get protection earlier than planned and for the insurance industry. With one in six homes in...

BUDGET 2015 - PwC comments on oil and gas tax announcement

Against a backdrop of maturing oil fields, high production costs, an extremely complex tax regime and low oil prices, the eyes of the oil and gas sector were firmly on the Chancellor to stimulate investment and halt decline. Alan McCrae, PwC’s head of energy tax, says: “George Osborne has responded...

06 March 2015

How ambitious is the EU's 40% target?

The EU's Environment Council announced its 'Intended Nationally Determined Contribution' or emissions target in early March. It will require a step change in decarbonisation according to analysis by Jonathan Grant and Rob Milnes. The EU committed to at least a 40% reduction in emissions on 1990 levels by 2030. The...

05 March 2015

Sustainability Reporting Tips: Cash is king

25 February 2015

Carmakers must decide what role to play in the lower-emission future of personal mobility

By Mark Thompson, director, sustainability and climate change. When was the last time you braved the crush and bedlam of the New Year sales on London’s Oxford Street? For many of us, it’s a once-in-a-lifetime, never-to-be-repeated experience. Maybe you had yours last month? This year I had an extra reason...

CEOs wade into climate debate

Having asked in January if CEOs care about the climate, several CEOs waded into the debate in February. Jonathan Grant looks at where they agree and disagree. Paul Polman (Unilever) and Richard Branson (Virgin Group) called for governments to adopt the ambitious target of net zero carbon emissions by 2050....