I'm Environment Editor at the Guardian - DMs open
London
Joined September 2010
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- @RishiSunak's #WindfallTax is only temporary relief on soaring energy bills and does nothing to improve the UK’s leaky homes, while encouraging oil and gas companies into more production, climate campaigners say
#energy
Story by @fionaharvey
theguardian.com/business/202…
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Damian Carrington retweeted
Can't quite believe what I'm reading 👀
The Govt really does say rebate on #windfalltax only applies if energy companies extract *more* oil & gas
Bone-headedly stupid, even by this Govt's standards, to be incentivising climate-wrecking fossil fuels
#keepitintheground
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People in US and UK face huge financial hit if fossil fuels lose value, study by @GregorSemieniuk et al shows
- Strong climate action could wipe $756bn from individuals’ pension funds and other investments in rich countries
#climatecrisis
Story by me
theguardian.com/environment/…
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Starting now .....
theguardian.com/environment/…
THIS THURSDAY cohosted by @guardian: We'll discuss the implications of the “carbon bomb” oil and gas projects & how journalists can advance the story.
With @dpcarrington, @markhertsgaard, @mrmatthewtaylor, @amywestervelt & Daniel Ribeiro of @JA4change. nitter.fdn.fr/i/spaces/1OdJrBv…
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‘It seems this heat will take our lives’: Pakistan city fearful after hitting 51C
#climatecrisis theguardian.com/environment/…
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"The glaring omission from @RishiSunak was a lack of a plan for home insulation ... all estimates show gas prices will be high for years to come, so investing in insulation makes the best long-term use of taxpayers money" says @jessralston2 @ECIU_UK
#energy
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Isabella O'Dowd, at @wwf_uk "While a windfall tax for the biggest greenhouse gas polluters is welcome and well overdue, it's nonsensical to then siphon profits into an investment allowance that supports domestic gas and oil extraction"
#energy #costofliving
Is this windfall tax investment relief a fossil fuel subsidy in disguise?
You tell me – but as @timbolord says, it's an awkward question in context of COP26 (and earlier) commitments on fossil fuel subsidy phaseout…
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Damian Carrington retweeted
So UK oil and gas companies are going to be hit with a windfall tax, which they can largely avoid by increasing investment…
…as long as they invest in "UK extraction" of more fossil fuels
🔥⛽️⛽️⛽️🔥
UK oil and gas windfall tax (sorry, "energy profits levy")
It's a 25 percentage pt incr in existing tax rate on the sector (from 40 to 65%), with relief for increased investment
Crucially, relief only covers "UK extraction" (ie fossil fuels)
gov.uk/government/publicatio…
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Damian Carrington retweeted
And here's the new investment allowance. Happens at the point of investment in a new field - not at the point that field starts producing
But only appears to reward investment in oil and gas ("UK extraction")... not in low-carbon energy, where BP & Shell planning most investment
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- @ExxonMobil investors back push for fossil fuel transition audit
- Climate campaigners notch ‘overdue and powerful’ win at oil company
HT @CarbonBrief
ft.com/content/a8b587e1-d6a6…
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Microplastics in sewage: a toxic combination that is poisoning our land, writes @GeorgeMonbiot
theguardian.com/commentisfre…
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- @VW [finally] settles UK ‘#dieselgate’ claims with £193m payout
- Claimants in England and Wales to receive more than £2,100 each after joining legal action against carmaker
#AirPollution
Story by @jjpjolly
theguardian.com/business/202…
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World’s largest vats for growing ‘no-kill’ meat to be built in US by @goodmeat
- The four-storey vessels could supply thousands of shops and restaurants and be a ‘game changer’ for cultivated meat, say experts
@GoodFoodInst @Synthesis_Cap
Story by me
theguardian.com/environment/…
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- @exxonmobil must go to trial over alleged climate crimes, US court rules
theguardian.com/environment/…
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UK government delay to home insulation scheme could cost 56,000 homes £600 each, finds @ECIU_UK
#energycrisis
eciu.net/media/press-release…
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Job alert - The @guardian is looking for a Sustainability Manager "to support our commitment to reducing our greenhouse gas emissions by two thirds between 2020 and 2030"
workforus.theguardian.com/in…
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- @Synthesis_Cap Launches World’s Largest Dedicated Food Technology and Alternative Protein Venture Capital Fund - $300m
@Rosie_Wardle
businesswire.com/news/home/2…
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#monkeypox isn’t the disease we should be worried about, says @john_vidal
- Environmental crises are likely to exacerbate the rapid spread of viruses and pathogens as humans encroach on the natural world
theguardian.com/commentisfre…
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Damian Carrington retweeted
THIS THURSDAY cohosted by @guardian: We'll discuss the implications of the “carbon bomb” oil and gas projects & how journalists can advance the story.
With @dpcarrington, @markhertsgaard, @mrmatthewtaylor, @amywestervelt & Daniel Ribeiro of @JA4change. nitter.fdn.fr/i/spaces/1OdJrBv…
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Will he or won’t he? Rishi Sunak needs to stick or twist on windfall tax, say Nils Pratley theguardian.com/business/nil…
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