Tag: carbon

Lloyds Banking Group pledges to cut carbon by more than 50% in the next decade to help finance a green future

Stuart Mitchell

Lloyds Banking Group today announces its new ambition to accelerate working with customers, government and the market to help reduce the carbon emissions we finance by more than 50% by 2030. This is the estimated equivalent of removing the emissions produced by almost a quarter of UK homes. This commitment recognises the urgent need to tackle climate change, grow the green economy and promote green finance for the future business prosperity of the UK. The Banking Group state on their website: The UK has made a sizable commitment to transform…

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Average Brit will emit more carbon by 12 January than residents of seven African countries do in a year

Stuart Mitchell

The average Brit will emit more carbon in first two weeks of 2020 than the citizens of seven African nations emit in an entire year, Oxfam revealed today as it called on the UK government to lead the way in addressing the staggering injustice at the heart of the climate emergency. Researchers found that someone in the UK will take just five days to emit the same carbon as someone in Rwanda does in an entire year. By 12 January, the average Brit’s emissions will have overtaken the annual per…

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