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The World's Largest Renewable Energy Developer Could Go Broke

2016-04-21 18:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Huffington Post: There is a "substantial risk' that SunEdison may file for bankruptcy, the world's largest renewable energy developer said in a regulatory filing on Tuesday. The company's fall isn't a referendum on the solar industry as a whole, as much as it is on SunEdison's aggressive growth strategy fueled by excessive debt and financial engineering, analysts say. SunEdison "just thought they were smarter than everyone else,' said David Levine, the founder and CEO of Geostellar, a solar energy marketplace...

Tags: energy largest developer broke

 

Fate of Worlds Coastlines Rests on Melting Antarctic Ice

2016-04-21 17:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: Councilmembers of an island town in Georgia met in a police station near sandy beaches last week to mull a plan for coping with worsening floods. The meeting followed unprecedented king tide floods in the fall that inundated the island and nearby Savannah, and shut down the highway that connects them. "We've had more frequent flooding in areas that haven't flooded before,' said Jason Buelterman, mayor of the beach town on the eastern shore of Tybee Island, where the population of a few thousand...

Tags: ice fate worlds melting

 
 

World's Biggest Green Energy Company Files For Bankruptcy

2016-04-21 16:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Solar energy company SunEdison Inc filed for creditor protection on Thursday, making it one of the largest bankruptcies by asset value involving a non-financial company in a decade. Once the fastest growing U.S. renewable energy developer, SunEdison embarked on an aggressive acquisition strategy that left it struggling with $12 billion in debt as of Sept. 30.

Tags: company green files energy

 

VIDEO: Discovering the world's hidden art

2016-04-19 02:16:29| BBC News | Business | UK Edition

The online firm that is bringing private art collections into the world's public galleries.

Tags: video art hidden worlds

 

Consensus on Consensus: 97% of the Worlds Climate Scientists Say Humans Are Causing

2016-04-13 18:19:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: A new study confirms the expert consensus that humans are causing climate change, with a meta-analysis of research showing a convergence on the 97 percent agreement figure among climate scientists. We know how much deniers love questioning the scientific consensus, so we can only imagine how they will react to a consensus on the consensus. After years of attacks on John Cook`s 2013 paper finding a 97 percent consensus among climate change papers and experts, Cook pulled together a dream team of...

Tags: say humans causing climate

 

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