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Unions & climate groups demand £1.9bn a year transition funding
Ahead of the Autumn budget, 65 climate organisations – endorsed by leading UK trade unions – have written to the UK Chancellor Rachel Reeves calling for £1.9 billion a year until 2030
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65 climate groups call for just transition
Over 60 climate groups call on incoming government to fund just transition for North Sea workers
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Public energy potential
Public energy could generate up to £150million a year additional income for communities in North East Scotland
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Local government pensions fuelling climate crisis
£16 billion of the Local Government Pension Scheme is invested in the fossil fuel industry, according to new analysis by Platform and Friends of the Earth.
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Oxfordshire Pension Fund Begins Fossil Fuel Divestment
Oxford, UK: A year after Oxford University decided to divest from fossil fuels, the Oxfordshire local government pension fund has begun excluding fossil fuel investments from their own fund. On 10th September, the administering committee for the scheme, worth approximately £3 billion and with around 65,000 members, voted to move the full value of the…
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PRESS RELEASE Training costs chaos blocks oil workers moving to renewables: Government must meet workers’ demands to remove hurdles
FOR IMMEDIATE RELEASE TRAINING COSTS CHAOS BLOCKS OIL WORKERS MOVING TO RENEWABLES: GOVERNMENT MUST MEET WORKERS’ DEMANDS TO REMOVE HURDLES Survey of offshore workers reveals training costs averaging over £1,800 per year. Success of the UK’s transition to renewables currently depends on workers’ ability to pay to duplicate existing training certificates. The UK…
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Quote: UKEF End Fossil Fuel Funding
Platform has spent years analysing the impacts of UKEF fossil fuel financing. We said this in response to the news that UKEF is ending their support for fossil fuel projects: At last the UK government is stopping finance for the most polluting and harmful projects around the world. But we know that the UK Government…
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Press Release: Councils suffer £2bn hit to pension funds due to oil investments
New analysis reveals that £1.75 billion was wiped off UK council pension funds due to their oil investments crashing over the past three years. Platform London commissioned Transition Economics to conduct the analysis [1], which showed that * The combined investments by 56 local government pension funds into nine leading oil companies, including BP and…
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PRESS RELEASE: 81% of Offshore Oil and Gas Workers Consider Leaving the Industry: Campaigners Urge Government to Consult Workforce on Shift in Renewable Energy
IMMEDIATE RELEASE 28.09.2020 81% OF OFFSHORE OIL AND GAS WORKERS CONSIDER LEAVING THE INDUSTRY: CAMPAIGNERS URGE GOVERNMENT TO CONSULT WORKFORCE ON SHIFT TO RENEWABLE ENERGY Major survey of offshore oil and gas workers reveals that four in five would consider moving to work in another industry. Workers’ biggest concern for their future career…