-
European Businesses Split on Carbon Tax
March 02, 2017
An article in Bloomberg reveals a split between some European utility and energy companies on the need for European leaders to pursue a global trend, urged on by the UN and environmental activists, to set a minimum tax on the price of greenhouse gas emissions to encourage the development of alternative energy sources.
-
EU Parliament Revises Carbon Trading Scheme
March 02, 2017
The Guardian reports that environmental activist groups are criticizing for lack of ambition legislation passed in the European Parliament gradually reducing the number of emissions allowances granted to EU businesses to drive up the cost of using fossil fuels across the bloc.
-
UN Group Signals Broad Impact of UNGPs on Banks
March 01, 2017
In a recent letter objecting to portions of a discussion paper by the Thun Group of banks, the UN Working Group on business and human rights declared that, under the UN Guiding Principles on Business and Human Rights (UNGPs), banks owe broad duties of due diligence and remedy for the human rights impacts of the projects they finance.
-
Shipping Industry Criticizes EU Emissions Plan
March 01, 2017
In an ongoing conflict over which transnational body should regulate the greenhouse gas emissions of the shipping industry, the International Chamber of Shipping has called on EU member states to reject proposals to include the shipping sector in EU carbon emissions framework and to leave regulation of such emissions to the UN's shipping agency.
-
Investors Call for G20 Phaseout of Carbon Funding
March 01, 2017
Demonstrating the expanding reach of the global climate change and sustainable development agendas, institutional investors and insurers have published a letter to the G20 group of countries calling on them to "accelerate green investment" and completely phase out fossil fuel subsidies by the year 2020.
Copyright 2024 Global Governance Watch. All Rights Reserved.
A project of The Federalist Society for Law & Public Policy Studies