Video - The Late Margaret Thatcher's Views on Global Warming

Margaret Thatcher, died on Monday April 8th 2013 at the age of 87 and while she was widely maligned for her economic and social policies, she was a surprisingly ardent supporter of action on global warming. This view was on display in a speech she gave in 1990 at the second World Climate Conference, in Geneva, Not only did she believe that climate science was credible, she acknowledged that global warming was threat to the UK and the world and she applauded the work of groups like the UN's IPCC.

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Margaret Thatcher was a Supporter of Climate Science and an Advocate of Global Emissions Reductions

Margaret Thatcher was a Supporter of Climate Science and an Advocate of Global Emissions Reductions

Margaret Thatcher, the UK's Iron Lady, supported climate science and called for global action on emissions reductions. Thatcher, who died on Monday April 8th at the age of 87 was widely maligned for her economic and social policies, but she was a surprisingly ardent supporter of action on climate change. The former Prime Minister of the UK ruled Britain with an iron fist for more than a decade. She was a visionary and a pragmatic ideologue who believed in the veracity of climate science long before her contemporaries.

Thatcher was a climate pioneer who was one of the first world leaders to voice concerns about climate change. The late Prime Minister's support for climate science was in evidence in a speech she gave in 1990 at the second World Climate Conference, in Geneva. Not only did she believe that climate science was credible, she acknowledged that global warming was a serious threat and she urged the world to act.

British PM Says Investment in the Green Economy is a Competitive Necessity

On February 4, 2013, British Prime Minister David Cameron made a speech in which he spoke to the competitive necessity of his government's investments in the green economy. Speaking at the official launch of the Department of Energy and Climate Change's (DECC) new Energy Efficiency Mission, Cameron boldly addressed his critics by saying

"So to those who say we just can't afford to prioritize green energy right now, my view is we can't afford not to. Far from being a drag on growth, making our energy sources more sustainable, our energy consumption more efficient and our economy more resilient to energy price shocks – those things are a vital part of the growth and wealth that we need."

Event - Feed-in Tariffs Policy: Market Certainty, Diversity and Growth

This event will take place on February, 5th 2013, in the UK. This seminar will review Feed-in Tariffs: findings from the Comprehensive Review and the way forward. This event will be a timely opportunity to assess the next steps for small-scale low-carbon electricity generation in the UK following a year of uncertainty. Guest of Honour: Thomas Buss, Head of Microgeneration, E.ON Sustainable Energy.

Four Training Events From the Green Power Academy

Here are four events taking place in London UK produced by the Green Power Academy. They will be taking place between the 13th and the 18th of July 2012. These four events involve renewable technologies, economics and financing. For more information and registration information see below:

Scottish Wind Energy Can Power Europe

Scotland's massive wind energy capacity is capable of producing vast amounts of clean, sustainable energy to the rest of Europe. Due to Scotland's strong winds, skilled workforce, well-developed energy infrastructure and welcoming investment environment, the country has attracted overseas companies like Doosan, Gamesa and Mitsubishi Power Systems Europe. With over 25 percent of Europe’s wind resource Scotland has the potential to generate 159 GW of power which is almost 15 times Scotland's own peak requirement (10.5 GW).

UK Renewable Energy 2011 Overview

According to statistics from the Department of Energy and Climate Change the renewable energy sector contributed to a record breaking 9.6 percent of the electricity supplied by the UK grid in 2011. This is an encouraging 50 percent increase on the figures from 2010. Yorkshire and the Humber have the most renewable energy sites followed by the North West and the South West.

Cuts to UK Wind Power ROCs & FiTs

Under pressure from Conservative MPs the UK Government appears poised to reduce its committment to wind projects. The Government has proposed a 10% cut to the financial support available to onshore wind generation projects as part of its review of renewables obligation certificates (ROCs). This has prompted some of the world's biggest wind companies to tell the Guardian newspaper that they were reviewing potential projects in the UK because of the Government's perceived lack of commitment to renewables. The government has already stated that it is considering reducing feed-in tariffs (FiT) for small wind turbines between 1.5 and 15KW by 25 percent. This would cost rural businesses up to £70,000 over the lifetime of a turbine on their land.

UK Wind Energy

The UK has ideal off shore wind conditions which are capable of supplying the island nations energy requirements. According to German government research only Denmark can produce wind energy cheaper than the UK. At the beginning of 2012, the installed capacity of wind power in the United Kingdom was over 5.9 gigawatts which ranked the UK as the world’s eighth largest producer of wind power. Wind power is expected to continue growing in the UK for the foreseeable future, RenewableUK estimates that more than 2 GW of capacity will be deployed per year for the next five years.

Cuts to UK Solar FiTs Could Prove Deadly

On October 31st 2011, Greg Barker, Minister of State at DECC, announced a controversial proposal to halve the feed-in tariff (FiT) rates for solar installations in each band up to 50kW, with smaller cuts in the bands from 50kW to 250kW. These cuts to FiTs are jeopardizing the UK solar industry. A FiT is a policy mechanism designed to accelerate investment in renewable energy technologies. It achieves this by offering long-term contracts to renewable energy producers, typically based on the cost of generation of each technology. Cuts to homeowners solar power could prove deadly to the fledgling UK industry in addition to threatening tens of thousands of jobs.

UK Government Investments in Efficiency and Renewable Energy

The UK government is making massive investments in the green economy. Firms in the UK cleantech sector are benefiting tremendously from the government's investments in areas like efficiency and renewable energy.

Corporate Sustainability is Driving Green Businesses in the UK

Despite a slow economy, corporate spending on sustainability will grow green businesses in the UK. According to a report from research firm Verdantix spending on sustainability by large UK firms on energy, environment and sustainability initiatives will grow by an average of 16 per cent a year for the next three years culminating in a market worth £6.8bn in 2015.

Caelus Releases the CurrentState™ Sustainability Audit

On December 7, 2011, Caelus released the CurrentState™ sustainability audit for business which delivers a comprehensive review of the sustainability practices of an organization. CurrentState™ is based on Caelus's Three Tiers of Sustainability™ framework. The framework organizes sustainability into 3 main categories: Green IT, Business and Facilities. It further divides these areas into 28 additional sub-categories.

Curbing Banker's Bonuses and Climate Change

Heads of state are responding to the widespread public outcry over the perception of excessive compensation in the banking industry. The French president Nicolas Sarkozy is leading the way with strict new bonus rules.

In Australia bank executives stand to lose more than $50 million in annual bonuses if the current government bans short-term incentive payments in the financial services sector. This is a reiteration of the G20 meeting in April, where leaders called for curbs on bonuses.

However, if restrictions on bonuses in the financial services sector are to mean anything they will have to be agreed upon internationally and this is very unlikely.

Politicians are trying to win political favor by taking advantage of prevailing anti-banking sentiments. They know full well that their feigned indignation will not forge an international agreement to curb bankers pay. To illustrate the point, Sarkozy's promise of tough regulations comes with the all important caveat that they not be enforced without global agreement.

Dutch banks have also introduced a new code of conduct that includes capping executive bonuses. However, this new Dutch approach does not force banks to curb bonuses nor does it come with legal sanctions as banks need only explain why they have chosen not to comply.

As British finance minister Alstair Darling said last Thursday, "Banks need to be responsible about pay and bonuses and one of the things that is concerning me is that when you tackle banks about this they say that if you do something here, the Americans, the Swiss, or the French ... will poach our people."

Even in the unlikely event that legislation is passed in both the EU, and the US, there will always be nations without such stringent sanctions and these countries will claim the most talented people.

"Government has got a legitimate interest in making sure that you don't encourage behaviour that is damaging, but I think that is just one part of what we need to do to get the banking system going again," Darling said. "There is a generalised concern. What we need to do is make sure that we introduce legislation that actually works, that actually helps and strengthen our banking system," he concluded.

Regulation is required to limit excessively risky lending, and many see merit in employing other regulatory channels beyond legislation. Last week in Britain the financial regulator known as the Financial Services Authority (FSA) published a bankers' pay code and according to the British finance minister, the FSA is "the obvious vehicle to use."

These kinds of capital rules will hurt banks' profits and restrict their lending ability. Efforts to curb banker bonuses are a ruse. As Lord Turner pointed out, “insisting that someone ‘does something’ about bonuses is a populist diversion.”

COP 15 is now only 3 months away, and while political rhetoric scores points with a disgruntled public, it siphons energy away from the tremendous efforts required to find consensus on climate change. Instead of pandering to voters by pretending to curb bankers pay, world leaders should be working towards real consensus on climate change.
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