In a hurry? Wednesday’s environment news in 60 seconds

A round-up of the top stories this morning from ENDS, including the headlines from the government’s net zero strategy, and details of the two carbon capture clusters selected to proceed to the final phase of BEIS’ selection process.

Wednesday’s environment news in 60 seconds Wednesday’s environment news in 60 seconds

Government unveils strategies to set path to net zero

The government today published its long-awaited strategies outlining the measures it will take to push the country towards hitting net zero, accompanied by a review of how they will be funded. READ MORE

Two carbon capture clusters to proceed to final phase of BEIS selection process 

The government has announced the first two Carbon Capture, Usage and Storage industrial clusters that have moved to the final phase of a selection process to secure financial support to deliver large-scale CCUS schemes in the UK by the mid 2020s. READ MORE

‘Hugely disappointing’: Government rejects majority of Lords Environment Bill amendments

DEFRA ministers have rejected the vast majority of amendments introduced by peers to the Environment Bill, including those on the governance of the Office for Environmental Protection, but have conceded to a proposal on single-use products. READ MORE

Sunak orders major businesses to disclose environmental impacts

Measures in the government’s newly-published Green Finance Roadmap will provide insight into how well aligned investments are to the UK’s net zero target, says the Treasury. READ MORE

EA launches another investigation into Southern Water over sewage pollution

The Environment Agency has launched an investigation into a Southern Water sewage discharge in June which led to the closure of 11 beaches in Kent. READ MORE

In other news…

Goldman Sachs on brink of agreeing Mark Carney’s net-zero targets

The Times (subscription required) reports that Goldman Sachs is preparing to become the last international bank to sign up to Mark Carney’s targets for finance companies to align lending and investment portfolios with net-zero emissions by 2050. Goldman has been holding out for weeks as other big banks have made the pledge. However, with less than two weeks to go before COP26, the bank is preparing to comply, sources said. JP Morgan Chase was also reluctant, says the newspaper, but finally agreed ten days ago to join financial firms from around the world in the Net-Zero Banking Alliance, which was launched in April.

Majority of UK organisations unprepared for the extreme weather disruption 

A new report from the London School of Economics says that the vast majority of organisations in the UK are unprepared for the extreme weather disruption that climate change is bringing. The report says that only one in eight organisations (12%) has comprehensively assessed the risks of extreme weather disruption, and only one in six (16%) has a plan for adapting to future climate change. This, the authors say, is despite three in five (58%) survey respondents saying their organisation had been affected by the impact of extreme weather events in the last three years.

40% think Britain’s world standing will decrease if it fails climate commitments to poor nation

The Independent reports on findings of a new survey which shows 40% of Britons believe that the UK’s world standing would decrease if it fails to meet its climate commitments to developing nations. According to the survey by Water Aid, more than half (52%) of the British public support donating money to poorer nations to help them cope with the impacts of climate change, as 42% of people believe developed nations have done more to contribute to the causes of the current climate crisis.

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