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New HCVA group rallies MPs to safeguard British classic car sector

The Historic and Classic Vehicles Alliance (HCVA) launched today with a mission to protect and promote the sector and secure its long-term future.

New HCVA group rallies MPs to safeguard British classic car sector

The Historic and Classic Vehicles Alliance (HCVA) has been launched today The mission is to protect and promote the sector and secure its long-term future Some 100k British jobs are tied up in the industry that generates £18bn a year Business leaders, motor industry experts and politicians, including a former Tory transport minister, have united to urge the Prime Minister to protect the sector

MPs warn of wave of plastic from fixed rate DRS system

By Ian Quinn2021-02-18T00:01:00+00:00 A group of cross-party MPs has called on ministers to adopt a variable deposit for the rollout of a deposit return scheme, warning otherwise the UK could be swamped by a new wave of plastic pollution from larger bottles. An early day motion has been signed by 19 MPs, calling on the government to introduce a DRS model that mirrors those used by Denmark, Finland, Norway and Sweden. Conservative Tracey Crouch MP, former environment secretary Hilary Benn MP, and former Green Party leader Caroline Lucas MP all signed the motion. Critics warn that plans for a fixed deposit of 20p would cause consumers to switch to bigger bottles rather than reduce plastic consumption. The 20p figure has been proposed in Scotland, where DRS is due to launch in April 2023. Its scheme has been seen as a likely model for a UK rollout the following year.

Bank of England told to stop buying high carbon bonds

<div class="at-above-post addthis tool" data-url="https://www.metro.us/bank-of-england-told/"></div>LONDON (Reuters) – A group of British members of parliament said on Monday that the Bank of England should stop buying bonds from businesses whose activities accelerate global warming. Britain’s central bank doubled its holdings of corporate bonds to 20 billion pounds ($27 billion) last year as part of efforts to support the economy through […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/bank-of-england-told/"></div><!

Renewables outstrip fossil fuels as the EU s main source of power | Debt News

Renewables overtook fossil fuels as the European Union’s main source of electricity for the first time in 2020 as new projects came online and coal power shrank, a report shows. Renewable sources such as wind and solar generated 38 percent of the 27-member bloc’s electricity in 2020, with fossil fuels such as coal and gas contributing 37 percent, the report published on Monday by think-tanks Ember and Agora Energiewende showed. Denmark achieved the highest proportion of wind and solar power, which contributed 61 percent of its electricity needs in 2020. Ireland achieved 35 percent and Germany 33 percent. Countries with the lowest share of renewables, below 5 percent, were Slovakia and the Czech Republic, the data showed.

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