155 companies have signed up with Science Based Targets to set greenhouse gas emission reduction targets based on climate science.
These included the construction and real estate related companies Autodesk, Owens Corning, Kingfisher, Outokumpu Oyj and Land Securities.
The full list can be found here.
The government could cover the whole of Britain in new housing and property prices would continue to rise if monetary policy remains as loose as it is now, according to notorious Societe Generale strategist, Albert Edwards.
Let’s test the hypothesis. Urban land use, meaning all buildings and infrastructure, including parks and gardens, is less than 12% of land use in the UK. If we build at 16 homes per hectare, the typical rate for the green belt, we could build 330 million new homes on all the remaining land.
Methinks such oversupply (enough for every man, woman and child to have five houses each) might affect house prices!
“It’s unwise to pay too much, but it’s worse to pay too little. When you pay too much, you lose a little money – that’s all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot – it can’t be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.”
In the Toaster Project, Thomas Thwaites took a toaster, bought for less than £5, and tried to remake it from basic raw materials. By trying to refine iron to make the element and mould recycled plastic to make the case, he demonstrated how fantastic our materials science and manufacturing expertise has become that we now take these products entirely for granted. He showed how totally disassociated we have become from the supply chain and impacts of our consumption. When you see him spending nearly a day burning LPG to try and reduce iron ore to iron with little success, the reality of embodied energy and the successful efforts of industry to increase energy efficiency become very much more real.
I am sure that the complete change of mindset required to “become a goat” will generate ideas which will stimulate innovative thinkers and designers like Thomas for many years to come. I look forward to reading his book, ‘Goatman: How I took a holiday from being human’.
Thinking outside the box in this way is a skill which should be nurtured.
A new report by the EAA predicts more five times more damage from floods across Europe by 2050 as climate change increases, but also blames where we build, highlighting that our use of flood plains.
Speaking at a U.N. Investors conference on 27th January.
Today I call on the investor community to build on the strong momentum from Paris and seize the opportunities for clean energy growth. I challenge investors to double – at a minimum – their clean energy investments by 2020.”
“Sustainable, clean energy is growing, but not nearly fast enough to prevent excessive global warming that would trigger profound economic disruption and human suffering. The investor community is of critical importance if we are to move from aspirations to action.”
Very insightful article by Dr Julian Allwood celebrating the achievements of the European steel industry but explaining its problem and how it could move positively into the future.
Of particular relevance to me are the 50% wastage rate for steel sheet, that 66% of scrap is exported, that the best Chinese plant has the same emissions intensity as the best European plants and that India will be building new capacity soon.
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5 videos showing our impact on resources, forests, water, climate and urbanisation over the last 20-30 years, using images from NASA.