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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?

** We updated some of the numbers in our original blog posted on 6th March 2015 to include our latest GDP growth projections for the EU. These are from our 'World In 2050' report. The EU’s GDP is expected to grow slightly faster (62% higher in 2030 from 2000, up...

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....

18 February 2015

The Geneva climate talks: something for everyone

Jonathan Grant reviews the outcome of the latest round of climate talks which took place in Geneva last week. Governments met in Geneva last week and cleared the final procedural hurdle ahead of the climate summit in Paris: they agreed a draft negotiating text. But it was no negotiation –...

17 February 2015

Sustainability Reporting Tips: What gets measured, gets done

11 February 2015

Reducing energy usage in UK homes: why we need new incentives and an effective supply chain

With a Government consultation on the Green Deal currently on the go, Mark Thompson asks why it didn’t work for him or his neighbours and what is needed to improve the energy efficiency of all our homes. When the UK Government announced its ‘Green Deal’ in late 2012, I was...