Mark Carney said: ‘Once climate change becomes a defining issue for financial stability, it may already be too late.’ He proposes that firms ‘would disclose not only what they are emitting today, but how they plan their transition to the net-zero world of the future’. (Image: Jonathan Brady/PA)

Carney warns of risks from climate change ‘tragedy of the horizon’

Business leaders are finally waking up to what’s coming down the line. Bank of England governor tells Lloyd’s insurers that ‘challenges currently posed by climate change pale in significance compared with what might come’ Mark Carney, the governor of the Bank of England, has warned that climate change will lead to financial crises and falling

Electricity supply sources Q2 2015 (Image: UK gov)

Renewables beat coal in UK electricity mix

Some good news on renewables – despite government policy. Often when we talk about countries breaking renewable energy records, we focus on momentary spikes caused by exceptionally sunny or windy days. While these records are, in and of themselves, important—they still leave a bigger question hanging: How does the electricity grid cope when the sun