Anthony Hobley: Vote Leave would result in "A bonfire of environmental regulations in this country!"
- Written by Nick Breeze Nick Breeze
- Published: 19 June 2016 19 June 2016
In a Vote leave scenario, Anthony Hobley, financial analyst, The Carbon Tracker, says: “I don’t think it is far fetched to imagine a bonfire of environmental regulations in this country!”Would a vote for Britain to leave the EU impact environmental and energy policy?
AH: I think a Brexit would create so much uncertainty around, certainly UK energy policy, and also potentially EU energy policy.
Britain has been a major player in Europe on climate change and, as a result, has been a major player globally, leveraging its power through Europe. That simply will not happen if it is out.
The UK exercises that soft power on the international stage by being incredibly influential in the European Union, and it is an important voice in the European Union on climate change.
Without it, I think there is a very good chance that it would slow down climate change policy and ambitions, not only in Europe but possibly in the UK and globally.
Do you think this government are sympathetic towards environment policy?
AH: I think they are still supportive. Perhaps not as sympathetic as they were in coalition or before, but they are supportive. Certainly supportive of our strong positions on climate change. Perhaps a bit more confused on their energy policy but maybe they are starting to understand the opportunities in clean energy.
If we have a vote to leave and we have Brexit, I fear that the people who take over the levers of power will be considerably less sympathetic to tackling climate change and to environmental policy and regulations.
I don’t think it is far fetched to imagine a bonfire of environmental regulations in this country!
About The Carbon Tracker:
The Carbon Tracker have been producing financial risk analysis looking at exposure to investors from potential “stranded assets” around specific IPCC climate change scenarios.
When FT Lex went through the research conducted by The Carbon Tracker they concluded that their analysis was robust. In recent years, and especially during and since Paris COP21, held in December 2015, significant interest in the risks posed by stranded assets has been growing among politicians, bankers and investors.
Interview conducted by Nick Breeze
- Written by Envisionation Envisionation
- Published: 13 April 2016 13 April 2016
Bill McKibben, co founder of 350.org:
“This is a company that wilfully and deliberately sought to delay, dismantle or destruct climate action. Perhaps if they had spent more time and money diversifying their business rather than on lobbying against climate action and sowing the seeds of doubt about the science, they might not have joined the long (and ever growing) list of bankrupt global coal companies.”
Ilmi Granoff, Attorney and Senior Researcher at the Overseas Development Institute (ODI). P: +1 212 729 8123
“We know their playbook. As coal majors like Peabody lose out to cleaner technologies in their home markets, they pitch their industry as the solution to poverty. But increasingly developing economies - from Ethiopia to China - aren’t buying the pitch. Cleaner technologies are delivering better on everything from household energy access to national energy security.”
New research may well point to the fact that recent warming has produced more reliable vintages but if we look at some of the indicators of what the rest of this century really heralds then the forecast for many regions, including Britain, becomes much less rosy.
Retrospective analysis: 1600 - 2000
Looking back at 400 yrs of wine harvest records may seem like a longtime and certainly enough to base a study of viticulture on, however, we know that for the last ten thousand years we have been in a relatively stable climate period with a certain range of temperature variability that we have not strayed outside of. Whenever we have come close to the boundary of that variability, it has represented great hardships and often death for many people.
Lord Nicholas Stern, FBA FRS (Chair)
Professor John Loughhead OBE FREng FTSE - Chief Scientific Advisor at the Department of Energy & Climate Change (DECC)
Matthew Bell - Chief Executive at the Committee on Climate Change
Professor Joanna Haigh CBE FRS - Co-Director of the Grantham Institute - Climate Change & the Environment
Jeremy Leggett - Founding Director, Solarcentury; Founder & Chairman, Solaraid; Chairman Carbon Tracker Initiative
Jon Williams - Partner, Sustainability & Climate Change, PwC
In this interview, founding Director of the influential Potsdam Institute For Climate Impact Research (PIK), Dr John Schellnhuber stresses that in the wake of the Paris Agreement, “We can save the planet, we can create a very sustainable economy that serves everybody on this planet but we have to do it very quickly.”
- Written by PIK Press PIK Press
- Published: 23 February 2016 23 February 2016
Source: Potsdam Institute for Climate Impact Research (PIK)
Sea-levels worldwide will likely rise by 50 to 130 centimeters by the end of this century if greenhouse gas emissions are not reduced rapidly.
In part 2 of this Post COP21 series of mini documentaries I have focused on the limits of what politics can deliver as to way of setting a level of expectation. The Paris Agreements excludes some key details that have a material impact on the lives of billions of people. The next step is to engage civil society with these issues and use our collective power to create a momentum for change.
This event, hosted by the Grantham Institute at Imperial College London, is one of the necessary incremental conversations that we shall be seeing connecting the UNFCCC COP’s over the next 5 years to 2020.
“We are loath to set lofty targets that we have no policy framework in place to achieve at all!”
Schellnhuber: “The emissions so far already suffice to suppress the next ice ages.”
In the full interview, we discuss issues relating to the wider social implications of tackling climate change. These include social justice, creating hope through action for the next generation, as well as why in order to achieve this, "we need to evolve!"
Mitigation matters if we want to slow the rate of ice loss from the Greenland ice sheet that could add metres of sea-level rise.
Nick Breeze conducted an impromptu interview with Jason Box, Professor of Glaciology and Greenland Ice Sheet specialist, at COP21.