by Colin Hynson and Matthew White
Four years ago, on the north side of Norwich, a new community centre came into life. Before that the Silver Rooms had been owned and run by Norfolk County Council as a drop-in centre for local older residents. In 2010 Norfolk County Council announced that it was selling off the building as a response to cuts imposed by the coalition government. A group of local people fought back determined that the building should carry on benefiting the local community. In 2012, the building became an Asset of Community Value (later used in the campaign to save the Owl Sanctuary). Norfolk County Council then abandoned the auction and said that the building could be run for the benefit of the community and the rooms were leased to the community for 25 years for a peppercorn rent of £1.00 a year.Continue Reading
by Olivia Hanks
The green movement is a tough place to be right now. With the Conservative government announcing another environmentally disastrous policy just about every week, from Hinkley to Heathrow via fracking in Lancashire, cuts to renewables and planning deregulation, activists could be forgiven for feeling a bit despondent. But Adrian Ramsay, CEO of the Centre for Alternative Technology (CAT), is philosophical when I ask if morale has been hit by this wave of irresponsible policy-making.
by Olivia Hanks
The news that Royal Bank of Scotland has cut its investment in fossil fuels by 70% is only the latest in a string of decisions by high-profile investors to pull back from oil and coal. Norway’s sovereign wealth fund has divested from companies that derive more than 30% of their sales from coal; and, last month, the Rockefeller Family Fund announced that it would no longer invest in fossil fuels.
The fact that both Norway and the Rockefeller family derive their wealth from oil has not been lost on commentators. Whether or not you consider it hypocritical to invest ‘dirty’ wealth in ‘clean’ projects (if so, what should be done with it instead?), the low price of oil and coal has offered a perfect PR opportunity with no financial sacrifice.Continue Reading