“I would like to have a price on carbon at some point,” Andersson told IPE. “It’s not ‘if’, it’s ‘when’, and the sooner the better.”His view was shared by Edward Mason, head of responsible investment for the UK’s Church Commissioners, responsible for the Church of England’s endowments and pension funds.Mason said carbon pricing was “here to stay” but was less certain about how universal its application would be.“It will be patchy, uneven and potentially quite unpredictable,” he said.“There is tremendous value in investors engaging about [carbon pricing].”Andersson argued that a carbon price would alter investors’ behaviour immediately.“Once we have the carbon price, you will immediately see a flow of capital being re-allocated from the fossil industry or the fossil-dependent industry into other sectors – and you will get the companies to address this in an even more serious way.”He cited the success of the “substantial” carbon tax in place in Sweden as evidence that growth and a carbon price were not incompatible.Andersson and Mason were nevertheless positive about the conference’s achievements in Paris.“All of us ignore the collective aspiration of governments at our peril,” Mason said.He praised the inclusion of a ‘ratchet’ mechanism in the final agreement, which will see national reduction targets revisited every five years to scale up the level of reduction – the only way the current carbon-reduction targets, estimated to result in warming of 2.7°C above pre-industrial levels, will be able to meet the 1.5°C target envisaged.Andersson said institutions should also begin “chasing” companies failing to pay enough attention to their carbon footprint.AP4 is a founding member of the Portfolio Decarbonization Coalition, which has attracted support of asset owners worth $3.2trn (€2.9trn), willing to decarbonise $600bn in holdings.Mason agreed with the importance of continued action, citing the need for investors to be “future-makers” and engaging with companies to ensure the new targets are being taken seriously.“If [companies] are not thinking about business plans that are not consistent with a low-carbon economy,” he said, “then there is real risk attached to that.” Asset owners must keep up pressure on governments and regulators to introduce a price for carbon emissions, after the Paris climate agreement failed to commit to concrete action.Mats Andersson, managing director of Sweden’s AP4, said the UN Climate Change Conference was undoubtedly a “great success”.But he argued that the most important matter was not the conference itself but what occurs in the wake of the agreement reached by nearly 200 governments last week.He said a price on carbon was inevitable despite the agreement’s only including wording that recognises the “important role” of reducing carbon emissions through policies such as carbon taxes and emissions trading schemes.
WBO Africa Light heavyweight champion Braimah Kamoko, popularly known as Bukom Banku continues his search for major world title glory after going undefeated in 26 fights.The 32 year old earned a seventh round technical knockout over Georgian George Tevdorashvili in a non-title international cruiser weight contest last Friday in Accra.This moves the Ghanaian who currently holds the World Professional Boxing Federation Light heavyweight Belt to 26 fights, undefeated, with 20 knockouts.But he is yet to land a major world title fight and he told journalists after his fight on Saturday at the Accra Sports Stadium “I trained very hard to come and win this fight. When I saw the guy’s (George Tevdorashvili) fights, I realized he is a very good boxer so I had to prepare very well. He has very heavy blows and he is very swift jabs with a lot of experience. I had to watch my guard very well because I knew he could knock me out. But he was clinching too many times.”Braimah “Bukom Banku” Kamoko also entreated Ghanaians to “pray for me to become a world champion” because “that is my dream”.
With something to fight for that is bigger than himself, Fury doesn’t plan on relinquishing his undefeated record to anybody. But the one thing that he’s going to make certain of is that he’s going to entertain while doing what he was born to do. Some may think he’s taking Schwarz lightly, but Fury is at his best when he’s having fun. “I box because I like to keep happy and it keeps me happy to fight. I plan to box until I can’t box anymore,” he said. “I feel fantastic at the minute. Boxing keeps me really happy, and I’m very happy with where I am in my life at the minute. I want to box on. I don’t see myself retiring. I just turned 30 years old. I’ve got over 10 years left in this game, so you’ll have to keep seeing me for the next 10 years, I’m afraid. Keep entertaining, keep putting on great shows.” LAS VEGAS — All 6 feet, 9 inches of Tyson Fury is holding court at the David Copperfield Theater at the MGM Grand. He’s handling interviews like an expert with some poignant jokes and colorful comments sprinkled in to ensure that no two interviews are the same. Some may say his media obligations are more challenging than his opponent Saturday night, as Fury will make his Las Vegas debut that will coincide with his first fight under the Top Rank/ESPN banner against unheralded Tom Schwarz (24-0, 16 KOs) on June 15. Join DAZN and watch Andrade vs. Sulecki on June 29Whether or not he believes that doesn’t matter at this moment. He’s having fun joking with members of the media and just having a good damn time of it all. Just a few minutes earlier, he engaged in a staredown with Schwarz that would make Derek Zoolander and Hansel “So Hot Right Now” McDonald jealous.Zoolander and Hansel would be proud of this face off between Tyson Fury and Tom Schwarz. pic.twitter.com/WHkcjPpOlO— Andreas Hale (@AndreasHale) June 12, 2019Rather than mean mug one another, the pair of giants decided to have a tongue-in-cheek posedown where the only thing they flashed were their clothes. Fury would win this makeshift runway of a faceoff as his suit, patterned with 1910 cigarette cards, stole the show. Here’s an up close look at Tyson Fury’s attention snatching suit at today’s final press conference. #FurySchwarz pic.twitter.com/oS7w6kt60e— Andreas Hale (@AndreasHale) June 12, 2019It’s a far cry from where Fury was a few years ago. Depressed, drugged up and soaked in liquor, the nearly 400-pound Fury was a mere afterthought after shocking the world and upending Wladimir Klitschko for the heavyweight title in 2015. But the victory nearly spelled out his demise as another fighter who allowed the fame to poison his future and exasperate his pre-existing suicidal mental state. A well-documented battle with depression ensued and Fury came out on the other side two and a half years later in better shape with his mind intact. A pair of victories set himself up for a WBC title clash with the heavy hitting Deontay Wilder last December that ended in a thrilling split draw that was highlighted by Fury rising from the dead after eating a hellacious combination from “The Bronze Bomber” in the 12th round. “Everybody counted me out,” Fury says to Sporting News without being specific about his fighting career or being dropped by Wilder. “Nobody thought I had a chance of coming back. Even my family thought I was gone. I was finished, but I dusted myself off and got back at it and here I am.”Although he was undefeated before needing to step away from the sport, Fury says that there is “no chance” he would have gotten up from that 12th-round knockdown had it not been for him overcoming his “demons.” “One hundred percent not,” Fury says. “Because I had overcome the mental issues before I could ever dream to overcome the physical issues. I managed to do that and I’m very thankful for everything turning out the way that it did.”Fury’s new promoter compared the lineal heavyweight champion to the likes of Muhammad Ali and George Foreman when it comes to fighters who have a cause bigger than what happens in the ring. For Ali, it was civil rights. Foreman wanted to prove that age wasn’t anything but a number when he became the heavyweight champion for the second time at age 45. Fury’s cause is mental health, and the 30-year-old won’t shy away from it. “I talk about mental health a lot because 18 months ago I was in a dark place,” he said at the press conference. “I wanted to prove to people that there is a way back. It’s not impossible. I like to inspire people to change their lives. Anyone can come back from anything. “I believe my calling card is to help people that are struggling across the world. The oppressed and the down and out. I want to reach out and touch people.”On Saturday, the first person he’s looking to reach out and touch is Schwarz. And should he leave Vegas victorious, a highly anticipated rematch with Wilder is slated for 2020. Eliminated from this equation is Anthony Joshua, who was stunned by Andy Ruiz just a few weeks earlier. But regardless of how big of an upset Ruiz pulled off, Fury doesn’t believe that there’s any heavyweight who comes close to him, or Wilder, for that matter. “It’s me, Deontay and then all of the rest in any order you want to do,” Fury said.