From the TUC

Fracking puts climate change at risk, objectors argue

Philip Pearson

29 Jul 2014, by in Environment

Most of the 2,419 organisations and individuals responding to the government’s statutory consultation on its nationwide fracking plan  objected to it. “A substantial majority were against the licensing plan being adopted because of concerns over environmental effects,” the report says. Effects on public health, landscape, biodiversity, water resources, water contamination, climate change, traffic generation and…

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World Bank’s potential big step backwards on workers’ rights

Peter Bakvis

29 Jul 2014, by in International

The very slow but steady progress among international financial institutions (IFIs) towards recognition that their projects need to comply with fundamental workers’ rights could be reversed if the World Bank adopts the draft social and environmental safeguards policy revision that was leaked about ten days ago. It will be discussed by the World Bank’s Committee on Development…

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Fracking from a new hymn sheet?

Philip Pearson

28 Jul 2014, by in Environment

The focus groups have been hard at it, nuancing messages for the latest shale gas announcements. Gone is the bullish Prime Ministerial “We’re going all out for shale.” Now, we frack beauty spots “in exceptional circumstances.” Last year, Michael Fallon, then energy minister, said fracking “could test the thickness of rectory walls” in middle England.…

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Europe’s people speak on corporate courts in TTIP: politicians must choose between them

Owen Tudor

26 Jul 2014, by in International

The European Commission’s ground-breaking consultation on an element of a bilateral trade agreement – on the Investor-State Dispute Settlement (ISDS) element of the EU-US trade deal TTIP – has closed. It was ground-breaking because it was the first public consultation of its kind on generally secretive trade negotiations, but also because of the huge number…

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Extreme lobbying propels extreme weather

Philip Pearson

24 Jul 2014, by in Environment

“The most significant early impacts of climate change are likely to be increases in the frequency and severity of extreme weather,” the government was warned this month. How we manage climate risks will have a lasting impacts on well being and the economy. Yet in Brussels, extreme lobbying by the shale gas industry has blocked…

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Corporate governance: What it’s about, why it matters

Peter Kenway

24 Jul 2014, by in Economics

The TUC’s new pamphlet on “corporate governance” is made up of contributions from 17 expert authors including academics, businesspeople, former government advisors and trades unionists. NPI shared the editorial duties. But why should anyone whose immediate concern is with low pay, poor housing or cuts to services care about a subject seemingly so obscure? Here’s…

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Finance for innovation: a priority for the UK

Tim Page

23 Jul 2014, by in Economics

“Economists know only one thing. If an economist says he knows more than one thing, he is exaggerating. And the one thing that economists know is this: today’s investment is tomorrow’s growth” So said Andy Haldane, Chief Economist of the Bank of England, at the House of Commons last night. Haldane was speaking at the…

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