Before the COP26 summit which is being held in the UK from the 31st October to the 12th November, the UK have announced a new plan aimed at reducing carbon emissions. The main concentration being increased funding into the transportation industry aimed at transforming toward electrical vehicles. Whether this will be a considerable change in the right direction or just another empty promise is obviously yet to be determined.
Earlier in the year the UK had plans to open a new coal mine which is quite contradictory to the COP26 summit that they are hosting this year. As the agenda of government and business is always difficult to determine without direct involvement in these areas, hopefully we can see more urgency and action from the COP26 summit being held at the end of this month.