Trucost Environmental Newsletter
News Articles
UK to strengthen environmental reporting rules
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UK companies may have to report their carbon emissions in annual reports & accounts from as early as next year. A policy paper by the Conservative Party now in Government outlines plans to bring forward the date that large companies must report their emissions. Under the Climate Change Act 2008, the Government must introduce mandatory greenhouse gas (GHG) reporting regulations by April 2012 or explain why it hasn't done so. The Tory Green Paper says that "Carbon disclosure by the UK's largest companies would act as a significant driver of emissions reduction and create a competitive advantage in the corporate sector by establishing a level playing field, allowing consumers and investors to make meaningful comparisons." Click here to read to read the full story
Low-carbon electricity users stand to gain from tax reform
Companies with carbon-intensive supply chains could face rising carbon costs under tax reforms announced in the UK Treasury's June 2010 budget.
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BP oil spill to drive stronger risk controls
BP's oil spill in the Gulf of Mexico will have wider impacts than compensation and clean-up costs, including stricter rules on environmental performance and disclosure.
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Global carbon price forecast to hit GBP70 by 2030
A global carbon market will have a carbon price of around £70 (US$105) in 2030, according to projections by the UK Department of Energy and Climate Change (DECC).
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Formula One sets course to cut carbon emissions
Formula One says it is the first international sport to introduce a comprehensive and externally audited carbon emissions reduction programme.
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Utilities exposed to rising pollution costs
Seventy-nine power generators could face US$56 billion in carbon costs if countries worldwide price carbon dioxide.
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ESG disclosure rises up agenda in Europe
Paul Druckman, Trucost Executive Chairman, discusses EU policy moves to improve corporate disclosure of environmental, social and governance (ESG) information.
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News in Brief
EPA finalises carbon reporting rules
The US Environmental Protection Agency is finalising requirements for more sectors to report greenhouse gas emissions and consulting on which data should be made public.
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EPA supports comeback of Superfund 'polluter pays' taxes
Excise and corporate environmental taxes could be reinstated from January 2011.
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Low-carbon ISAs proposed for Green Investment Bank
Tax-free savings limit increases could be limited to green/low-carbon Individual Savings Accounts (ISAs), says the UK Green Investment Bank Commission.
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Australian funds urge new PM to act on climate change
The Investor Group on Climate Change (IGCC) has called for Australia's new Prime Minister Julia Gillard to establish climate change policies as soon as possible.
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GE fails to block EPA Superfund orders
The US appeals court has rejected General Electric's attempt to stop the EPA from requiring companies to clean up hazardous waste.
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