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The shale-gas boom wont do much for climate change. But it will make us a bit richer.

2013-10-21 18:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: The shale-gas boom in the United States won't do much to cut U.S. carbon-dioxide emissions or tackle global warming. That's because, in addition to killing off coal-fired plants, cheap gas will also edge out cleaner energy sources like wind, solar, and nuclear. On the other hand, the glut of natural gas from fracking will make the country a bit wealthier and clean up other air pollutants in the decades ahead. Those are the conclusions of a big new report from Stanford's Energy Modeling Forum,...

Tags: will us make change

As The Rich Get Richer, The Big Are Getting Bigger As China's Real Estate Industry Recovers

2013-10-16 05:26:59| Real Estate - Topix.net

What a difference a year makes. longtime China Rich List members sank in 2012 as government efforts to break residential real estate prices hurt demand and profit.

Tags: real big estate industry