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Government Response To Environmental Audit Committee Report The Future Of The Green Investment Bank
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Author :Great Britain. Department for Business, Innovation and Skills Publisher : ISBN 13 :9781474127783 Total Pages :32 pages Book Rating :4.1/5 (277 download)
Book Synopsis Government Response to Environmental Audit Committee Report "The Future of the Green Investment Bank" by : Great Britain. Department for Business, Innovation and Skills
Download or read book Government Response to Environmental Audit Committee Report "The Future of the Green Investment Bank" written by Great Britain. Department for Business, Innovation and Skills and published by . This book was released on 2016 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Great Britain. Parliament. House of Commons. Environmental Audit Committee Publisher : ISBN 13 :9781787329249 Total Pages :11 pages Book Rating :4.3/5 (292 download)
Book Synopsis Environmental Audit Committee 6th Special Report. The Future of the Natural Environment After the EU Referendum by : Great Britain. Parliament. House of Commons. Environmental Audit Committee
Download or read book Environmental Audit Committee 6th Special Report. The Future of the Natural Environment After the EU Referendum written by Great Britain. Parliament. House of Commons. Environmental Audit Committee and published by . This book was released on 2017 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Great Britain. Parliament. House of Commons. Environmental Audit Committee Publisher : ISBN 13 :9780215560766 Total Pages :15 pages Book Rating :4.5/5 (67 download)
Book Synopsis The Green Investment Bank by : Great Britain. Parliament. House of Commons. Environmental Audit Committee
Download or read book The Green Investment Bank written by Great Britain. Parliament. House of Commons. Environmental Audit Committee and published by . This book was released on 2011-07-18 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government response to HC 505, session 2010-12 (ISBN 9780215556813)
Book Synopsis House of Commons - Envirionmental Audit Committee: Green Finance - HC 191 by : Great Britain: Parliament: House of Commons: Environmental Audit Committee
Download or read book House of Commons - Envirionmental Audit Committee: Green Finance - HC 191 written by Great Britain: Parliament: House of Commons: Environmental Audit Committee and published by The Stationery Office. This book was released on 2014-03-06 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Environmental Audit Committee points out that there is a large green finance gap. Investments are currently running at less than half of the £200 billion needed in energy infrastructure alone by 2020 to deliver national and international emissions reduction targets. And stock markets could be inflating a 'carbon bubble' by over-valuing companies with fossil fuel assets that will have to be left unburned in order to limit climate change. The Bank of England's Financial Policy Committee should seek advice from the independent Committee on Climate Change to help it monitor the systemic risk to financial stability associated with a carbon bubble. To address the green finance gap, the Government must provide a joined-up, stable and certain policy framework that maintains investor confidence and helps markets price in the cost of carbon. The Green Investment Bank has made a good start but does not currently have the power to borrow in order to leverage and enlarge its investments - limiting its potential to fill the green finance gap. Take up of the Green Deal has been poor and the Government must make it simpler and more attractive to households. The European Commission's (EC) proposed new rules for State Aid in the energy sector could limit the finance available to support community owned energy schemes. The Government must play a central role in agreeing ambitious and binding international commitments on climate change, both in the EU and in the run up to the UN climate talks in Paris 2015.
Book Synopsis House of Commons - Environmental Audit Office: Progress on Carbon Budgets - HC 60 by : Great Britain: Parliament: House of Commons: Environmental Audit Committee
Download or read book House of Commons - Environmental Audit Office: Progress on Carbon Budgets - HC 60 written by Great Britain: Parliament: House of Commons: Environmental Audit Committee and published by The Stationery Office. This book was released on 2013-10-08 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The UK's existing carbon budgets represent the minimum level of emissions reduction required to avoid a global 2 degrees temperature rise - regarded as a dangerous threshold - and the UK's leading climate scientists do not believe loosening the budgets is warranted. The current (2008-2012) and second (2013-2017) carbon budgets will be easily met because of the recession. But the UK is not on track to meet the third (2018-22) and fourth budgets (2023-2027), because not enough progress is being made in decarbonising transport, buildings and heat production. The Government's Carbon Plan - which set milestones for five key Government Departments to cut carbon - is out of date without any quarterly progress reports published yet. The Green Deal has also had low take-up rates so far. The Government should set a 2030 decarbonisation target for the power sector now, rather than in 2016 as the Energy Bill sets out. The Government should also reconsider placing a statutory duty on local authorities to produce low-carbon plans for their area. The current low-carbon price in the EU ETS - the result of the economic downturn of recent years and over-allocation of emissions permits - also means that that scheme will not deliver the emissions reductions envisaged when the fourth carbon budget was set. Without any tightening of the EU ETS increased pressure will therefore be placed on the non-traded sector, which will have to produce further emissions reductions to cover the emerging gap left by the traded sector
Book Synopsis House of Commons - Environmental Audit Committee: Energy Subsidies - HC 61 by : Great Britain: Parliament: House of Commons: Environmental Audit Committee
Download or read book House of Commons - Environmental Audit Committee: Energy Subsidies - HC 61 written by Great Britain: Parliament: House of Commons: Environmental Audit Committee and published by The Stationery Office. This book was released on 2013-12-02 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government is shifting the goal-posts on fuel poverty so that official statistics record far fewer households as fuel-poor. The changes to the fuel poverty definition and target, in part being made through amendments to the Energy Bill, should be stopped unless the Government is prepared to make a public commitment to end fuel poverty altogether. A short-term bid to cut bills must not throw energy and climate change policy off-course. In the longer term green levies could actually keep bills down if they drive energy efficiency improvements that cut the cost of heating our homes. Insulating homes and supporting green technologies is vital to help the fuel poor and cut the emissions causing climate change. At the Rio+20 Summit and the G20, the Government committed itself to phasing out fossil fuel subsidies that encourage wasteful consumption and contribute to greenhouse gas emissions. The Government must set a target to reduce subsidies to harmful fossil fuels. The Government should also use the Autumn Statement as an opportunity to provide a clear and comprehensive analysis of energy subsidies in the UK. The report also looks at whether Government support for the new nuclear power station at Hinkley Point constitutes a subsidy and concludes that it does, despite the Government's assurance otherwise. The Government's policy of 'no public subsidy for new nuclear' requires it to provide only 'similar' support to that provided to other types of energy, but even on that basis the deal for Hinkley Point C is 'dissimilar', notably on support for decommissioning and waste.
Book Synopsis House of Commons - Environmental Audit Committee: Sustainability - HC 613 by : Great Britain. Parliament. House of Commons. Environmental Audit Committee
Download or read book House of Commons - Environmental Audit Committee: Sustainability - HC 613 written by Great Britain. Parliament. House of Commons. Environmental Audit Committee and published by The Stationery Office. This book was released on 2013 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines how well new processes and systems for embedding sustainable development are working in the Department for Business, Innovation and Skills. This is the first report of its kind - examining an individual department in this way - by the Committee. It examines BIS performance against sustainable operations targets, the role of a 'Sustainability Champion' and a Sustainability Committee in BIS, and how well sustainability considerations are taken into account in policy-making case studies. These case studies included the Regional Growth Fund and the Industrial Strategies initiative. They found that overall the Department was delivering on their sustainable operations targets, although that was in part the result of reductions in staffing and the size of the BIS estate. On policy-making, however, analysis of specific case studies indicates that environmental and social aspects of sustainability are not getting the same attention as economic factors. The assessment process needs to be reformed to do so. Defra and the Cabinet Office should challenge other government departments which have similar grant schemes to do the same. They are also disconnected from the BIS Business Plan process, weakening the main vehicle by which Defra and the Cabinet Office challenge the sustainability-proofing of BIS policy-making. BIS, including its agencies and NDPBs, should produce sustainable development strategies, to provide a reference point for sustainability initiatives by senior management and the sustainability champion, and to allow all staff to readily understand the wider sustainable development imperatives
Book Synopsis The Green Investment Bank by : Great Britain: Parliament: House of Commons: Environmental Audit Committee
Download or read book The Green Investment Bank written by Great Britain: Parliament: House of Commons: Environmental Audit Committee and published by The Stationery Office. This book was released on 2011-03-11 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report warns that the UK could lose out on hundreds of billions of pounds of vital investment in green energy projects if the Government waters down its plans for a Green Investment Bank. The Coalition Agreement promised to establish a Green Investment Bank and the Chancellor pledged £1 billion to capitalise it in the Spending Review, plus unspecified proceeds from the sale of government assets. But there have been reports of disagreement within Government as to whether it should be a fully fledged investment 'bank' able to borrow money and raise further capital or simply a 'fund'. If the Office for National Statistics (ONS) classifies the Bank as 'public sector' its borrowing could appear on the Government's balance sheet and so undermine its deficit reduction strategy. Evidence presented to the Environmental Audit Committee by energy companies, NGOs and financial institutions suggests that between £200 billion and £1 trillion of private sector investment is needed over the next 10-20 years if the UK is to meet its climate change and renewable energy targets. But traditional sources of private sector capital are only likely deliver £50-£80 billion of investment in green infrastructure by 2025 - leaving the UK with a massive investment shortfall. The report argues that establishing a proper Investment Bank is crucial in order to lever in the unprecedented levels of private sector investment needed. The Committee concludes that, as a priority, the Bank should concentrate on new fledgling environmental investment where the market has yet to be established.
Book Synopsis Environmental Audit Committee Second Report Climate Change: Government Response and Follow-up Report Together with an Appendix, Minutes of Proceedings and Minutes of Evidence by : Great Britain. Parliament. House of Commons
Download or read book Environmental Audit Committee Second Report Climate Change: Government Response and Follow-up Report Together with an Appendix, Minutes of Proceedings and Minutes of Evidence written by Great Britain. Parliament. House of Commons and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis House of Commons - Environmental Audit Committee: Biodiversity Ofsetting - HC 750 by : Great Britain: Parliament: House of Commons: Environmental Audit Committee
Download or read book House of Commons - Environmental Audit Committee: Biodiversity Ofsetting - HC 750 written by Great Britain: Parliament: House of Commons: Environmental Audit Committee and published by The Stationery Office. This book was released on 2013-11-12 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Environmental Audit Committee reports that Government plans to introduce a system of 'biodiversity offsetting' for new building developments could enhance the way the planning system accounts for the damage done to valuable natural habitats, but the proposals must be improved to properly protect Britain's wildlife and woodlands. The Green Paper does not provide an evidence based analysis of how offsetting would deliver "biodiversity gain". The twenty minute assessment for calculating biodiversity losses at a site, proposed by Ministers, is also overly simplistic. It should include particular species, local habitat significance, ecosystem services provided - such as pollination and flood prevention - and 'ecosystem network' connectivity to reflect the full complexity of habitats. Sites of special scientific interest and ancient woodlands should be even more rigorously protected. A mandatory, rather than voluntary, offsetting system would allow more environmentally and economically viable offset projects to be brought forward. The report also warns of a danger that an offsetting market could produce many offsets of a similar, lowest-cost, type rather than a mixed range of habitats. Natural England should monitor schemes to ensure a balance of habitat types are covered in the offsets. It is also important to consider the implications of biodiversity offsetting for people's access to nature and well-being. A decision on the Government's offsetting proposals should not be made at this time. Offsetting pilots, set up in 2011, should be allowed to run their course and then be subjected to the independent evaluation previously promised by ministers.
Book Synopsis Dept of the Environment Transport and the Regions; Environmental Audit Select Committee: Greening Government Initiative; First Annual Report from the Green Ministers' Committee. Government Response to the Environmental Audit Select Committees Fifth Report of Session 1999/2000 and Sixth Report of Session 1998/99 (HC 341 and HC 426 1998/99) by :
Download or read book Dept of the Environment Transport and the Regions; Environmental Audit Select Committee: Greening Government Initiative; First Annual Report from the Green Ministers' Committee. Government Response to the Environmental Audit Select Committees Fifth Report of Session 1999/2000 and Sixth Report of Session 1998/99 (HC 341 and HC 426 1998/99) written by and published by . This book was released on 1999 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Great Britain. Department for Communities and Local Government Publisher : ISBN 13 :9781474100755 Total Pages :8 pages Book Rating :4.1/5 (7 download)
Book Synopsis Government Response to the Environmental Audit Committee Report by : Great Britain. Department for Communities and Local Government
Download or read book Government Response to the Environmental Audit Committee Report written by Great Britain. Department for Communities and Local Government and published by . This book was released on 2014 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A green economy by : Great Britain: Parliament: House of Commons: Environmental Audit Committee
Download or read book A green economy written by Great Britain: Parliament: House of Commons: Environmental Audit Committee and published by The Stationery Office. This book was released on 2012-05-21 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Government has pledged to reduce over 10,000 pages of regulatory guidance, following its 'Red Tape Challenge', to help businesses comply with environmental laws. But the MPs point out that regulations have an important role in safeguarding our health and the environment. The Government's strategy to create a green economy - 'Enabling the Transition to a Green Economy' - is too focused on voluntary action and fails to set a clear trajectory or any time-bound milestones for businesses to achieve. There is concern that introducing mandatory emissions reporting for big business has been delayed and Ministers are urged not to go back on their promise to do so. The recent financial crisis has demonstrated the clear risks from such a market-led approach, particularly when markets do not reflect the value of the services provided by nature - such as clean fresh water, pollination of crops, etc. This report urges the Government to: develop minimum sustainability standards; set out how data on natural capital in the National Accounts will be used; develop targets for improving the state of the environment and establish transparent reporting against such targets; and use the Natural Capital Committee's work on a 'natural asset stock check' as one of the basket of indicators used to measure the green economy. The Government should fully incorporate the principles of 'Enabling the Transition' into future revisions of the 'Plan for Growth'. Expenditure involved in making the transition to a green economy should be seen as an investment, not simply a cost.
Book Synopsis Sustainable development in the Localism Bill by : Great Britain: Parliament: House of Commons: Environmental Audit Committee
Download or read book Sustainable development in the Localism Bill written by Great Britain: Parliament: House of Commons: Environmental Audit Committee and published by The Stationery Office. This book was released on 2011-03-22 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Localism Bill will devolve powers to councils and neighbourhoods and aims to give local communities more control over housing and planning decisions. It includes measures to reform the planning system, the provision of housing and a range of local authority governance issues. The Bill will abolish Regional Spatial Strategies (which set a regional-level planning framework for England) and will establish neighbourhood plans and neighbourhood development orders, by which it is intended that communities will be able to influence council policies and development in their neighbourhoods. The Government intends to introduce a 'presumption in favour of sustainable development' as set out in the Conservative Party's 2010 Green Paper 'Open Source Planning' and then in the Coalition Agreement. The presumption does not feature in the Localism Bill, although it will be included in a new National Planning Policy Framework. Evidence taken by the Committee highlighted a number of potential risks with the proposed reforms. These included: fairness in influencing neighbourhood development; monitoring the cumulative impacts of locally determined planning decisions; and the application of sustainability and climate change duties to neighbourhood planning. The Committee feels that the Localism Bill must provide a statutory duty to apply the principles of sustainability in the planning system and other functions of local government and provide a commitment to define the term 'sustainable development' in the planning context. This would include in the Bill the five internationally recognised principles of sustainable development as set out in the 2005 Sustainable Development Strategy. This should then be developed for the National Planning Policy Framework
Book Synopsis The impact of UK overseas aid on environmental protection and climate change adaptation and mitigation by : Great Britain: Parliament: House of Commons: Environmental Audit Committee
Download or read book The impact of UK overseas aid on environmental protection and climate change adaptation and mitigation written by Great Britain: Parliament: House of Commons: Environmental Audit Committee and published by The Stationery Office. This book was released on 2011-06-29 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Environmental Audit Committee states that the UK should only provide funding for multilateral institutions with strong environmental credentials. The current scale of the World Bank's lending to fossil fuel powered energy generation is unacceptable and the Committee urges the Government to be prepared to vote against new World Bank funding for high emissions coal-fired power stations. The profile of climate change has increased hugely but there is far less awareness of the importance of protecting biodiversity and ecosystems. The Committee believes that the Department for International Development (DFID) needs to publish a clear strategy on its approach to environmental issues to ensure that it gives them sufficient priority in its programmes and expenditure. Every effort must be made to help emerging economies leap-frog fossil fuels and fuel their growth with clean energy instead. High levels of consumption in the UK increases demand on production in poor countries which leads to degradation of their natural resources. The report calls on the UK Government to ensure that economic activity in Britain does not cancel out, or even reverse, the positive impact that UK aid is having overseas.
Book Synopsis HC 885 - A 2010-15 Progress Report by : Great Britain. Parliament. House of Commons. Environmental Audit Committee
Download or read book HC 885 - A 2010-15 Progress Report written by Great Britain. Parliament. House of Commons. Environmental Audit Committee and published by The Stationery Office. This book was released on 2015 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Protecting the Arctic by : Great Britain: Parliament: House of Commons: Environmental Audit Committee
Download or read book Protecting the Arctic written by Great Britain: Parliament: House of Commons: Environmental Audit Committee and published by The Stationery Office. This book was released on 2012-09-20 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report calls for a halt on Arctic oil drilling until: a pan-Arctic oil spill response standard is in place; a stricter financial liability regime for oil and gas operations is introduced that requires companies to prove that they can meet the costs of cleaning up; an oil and gas industry group is set up to peer-review companies' spill response plans and operating practices, reporting publicly; further independent research and testing on oil spill response techniques in Arctic conditions is conducted, including an assessment of their environmental side-effects; an internationally recognised environmental sanctuary is established in at least part of the Arctic. Drilling is only currently feasible in the Arctic during a short summer window and if a blow-out occurred just before the dark Arctic winter returned it may not be possible to cap it until the following summer - potentially leaving oil spewing out under the ice for six months or more with devastating consequences for wildlife. This report also warns that a collapse in summer Arctic sea-ice, increased methane emissions from thawing permafrost, melting of the Greenland ice-sheet and changes to the thermo-haline circulation could all have disastrous consequences for the world - pushing up sea levels and transforming weather patterns. Temperature rises in the Arctic are already affecting the UK's weather. The report points out that there are already more proven fossil fuel reserves in the world than can be burnt safely and calls on the Government to rethink its approach to combating climate change by tackling the supply of fossil fuels, as well as demand
