AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryRegisterLog in

 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps In Science, Technology & Environment
 

 Scale of UK fossil fuel support 'staggering'

View previous topic View next topic Go down 
AuthorMessage
CovOps

CovOps

Female Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
Humor : Über Serious

Scale of UK fossil fuel support 'staggering' Vide
PostSubject: Scale of UK fossil fuel support 'staggering'   Scale of UK fossil fuel support 'staggering' Icon_minitimeThu Jan 23, 2020 6:20 pm
A small government agency is supporting fossil fuel projects abroad with estimated carbon emissions of a country the size of Portugal, it has emerged.
UK Export Finance (UKEF), a government agency in the Department for International Trade, is spending billions of pounds on the projects, Newsnight researchers have found.

Scale of UK fossil fuel support 'staggering' _110626537_hi022750273
Steam

This is despite a government commitment to cut down on carbon emissions.
The Conservative Environment Network (CEN) called the figures "staggering".
The organisation, which describes itself as a forum for conservatives who support conservation and decarbonisation, said funding the projects was "a blemish on the UK government's record on climate change".
An investigation by Newsnight, in conjunction with Unearthed - Greenpeace's investigations unit - found that UKEF has helped to finance oil and gas projects that, when complete, will emit 69 million tonnes of carbon a year, according to government estimates.
That's nearly a sixth of the total annual carbon emissions of the UK.
The government calculated the UK's total emissions to be 449 million tonnes of C02e (carbon dioxide equivalent) in 2018.
It said the 69 million tonne estimate was a "worst case" scenario - and the emissions of the projects may be lower when the projects are operational.
The UK is just one of a number of backers for these projects.
UKEF was set up a century ago - and aims to support British businesses abroad.
Earlier this week, Boris Johnson announced that the UK would no longer finance coal mining or coal-fired power plants abroad.
Newsnight's investigation found all of UKEF's current fossil fuel financing was for oil and gas projects, and not coal.
Newsnight research also found that - since 2010 - UKEF has financed £6bn of fossil fuel projects. Financing has been provided to some of the biggest oil and gas companies in the world.

https://www.bbc.com/news/science-environment-51216084

Better than good
Back to top Go down
 

Scale of UK fossil fuel support 'staggering'

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps In Science, Technology & Environment-
 :: 

Anarcho-Capitalist Categorical Imperatives

 :: 

AnCaps In Science, Technology & Environment
Index, Portal, Induct Yourself Here, Forum Technical Non-Assistance, Philosophy & Religion, Realpolitik Statism & Bureaucracy, Law & Order, Rights Individualism & Lifestyles, Laissez-faire Free Trade Zone, Science Technology & Environment, Psychology Edumbcation & IndoctriNation, Culture & Art, Ancapdemia's Ebony Basement, High Octane One-on-One Debate, Celebrate Evildoers' Inadvertent Contributions to Ancap Values, Idiot of the Week Award Nominees Are, Humor, Freestyle Miscellaneous, Ancaps Emporium, OZschwitz Slave Pen Downunder Boutique, Anarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist,Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy, Market Anarchism, Volunteerism, Libertarian anarchism,
Free forums hosting | ©phpBB | Free forum support | Report an abuse | Forumotion.com