I am delighted to be able to announce that last month the Church of England received three awards at the Investment & Pensions Europe awards ceremony, including the award for climate-related risk management, which recognised, among other things, the Church of England’s comprehensive climate policy and commitment to ensuring the reduction carbon in its own portfolio.
It is not a question of a Church of England go-ahead. This is part of Government policy. On Tuesday, the Church released an updated briefing paper on shale gas and fracking. It does not endorse or reject the outright prospect of fracking, but fracking is acceptable to the Church only if it turns on three points: the place of the shale gas in the low-carbon economy, the adequacy and robustness of regulation, and the robustness of local planning. Of course the Church sympathises with the concerns of individuals and communities that are directly affected by it.