Divestment - Making Money Moral
Recently Secretary of State for Energy and Climate Change Ed Davey made an extraordinary statement. He urged people to take their money out of fossil fuels, saying they risk their investments in stranded assets.
Recently Secretary of State for Energy and Climate Change Ed Davey made an extraordinary statement. He urged people to take their money out of fossil fuels, saying they risk their investments in stranded assets.
"Britain must signal the beginning of the end for coal investment" writes Ed Davey in The Guardian
Supplying electricity at a fixed price can have damaging consequences: there must be enough power to meet peak demand, typically early evenings on winter weekdays. Always meeting demand is made harder by weather-dependent intermittent renewables, such as wind and solar. During summer weekends, demand might even be less than the available low carbon, low running cost, generation. Adopting a system that encourages shifting of demand could help to tackle this problem. The National Grid balances supply and demand using a spot market, with generators selling, and retail supply companies buying. Charging customers using a real-time retail tariff based on the market price, could incentivise users to avoid expensive times and move to cheap times, resulting in fewer gas plants and less need for distribution capacity.
In LibDemVoice (and replying to comments) Ed Davey, the LibDem Energy Minister writes:
We have a PDF with suggested Fracking motions The contents of the PDF as follows:
Pippa Heylings MP becomes Liberal Democrat Energy Security and Net Zero Spokesperson with vow to take take green issues to the heart of Westminster
Pippa took part in the Commons debate in Westminster Hall on UK priorities for COP29, the UN climate change conference, on Sep 10th
In one of their first votes in Parliament, the new Liberal Democrat MPs for Cambridgeshire have voted in support of an amendment to the King's Speech which would see action taken on sewage dumping, cost of living and the NHS
Pippa Heylings joined with Cam Valley Forum campaigners on Sunday 19th May for a swim to celebrate Sheep’s Green in Cambridge receiving a Bathing Water Designation
On Wednesday, Conservative MPs including South Cambs MP Anthony Browne voted against a new law which would have seen water companies in court for sewage spills.
The 2024 ENDS Power List for politicians who have championed environmental causes has been published. It is a list of 50 politicians in the country and Pippa is honoured to be part of that list!