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As Republicans Deny Climate Change, the U.N. Says it Could Cost the World $2 Trillion

2016-07-19 19:52:00| Climate Ark Climate Change & Global Warming Newsfeed

Mic: Assuming all goes as planned, the GOP -- during the ongoing 2016 Republican Convention -- will formally select presumptive Republican presidential nominee Donald Trump, a man who has described climate change as a concept "created by and for the Chinese" and "bullshit." Meanwhile, the United Nations released research Tuesday which indicates said "bullshit" could interfere with productivity, costing the world $2 trillion over the next 14 years. As the world gets hotter, it will necessitate that...

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Climate change cost for fossil fuel industry: $33 trillion

2016-07-11 13:10:00| Climate Ark Climate Change & Global Warming Newsfeed

Fuel Fix: The fossil fuel industry risks losing $33 trillion in revenue over the next 25 years as global warming may drive companies to leave oil, natural gas and coal in the ground, according to a Barclays Plc energy analyst. Government regulations and other efforts to cut carbon emissions will inevitably slash demand for fossil fuels, jeopardizing traditional energy producers, Mark Lewis, Barclayss head of European utilities equity research, said Monday during a panel discussion in New York on financial...

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Indian telcos to spend 1 trillion rupees on spectrum

2016-07-05 02:00:00| Total Telecom industry news

Network congestion and arrival of Reliance Jio will drive auction bidding, but participants will be selective, analyst firm says.

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Africa Needs More Than $2.7 Trillion To Mitigate Climate Change

2016-07-02 01:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Africanews: African countries need at least $2.7 trillion for mitigation measures and another $488 billion for adaptation to climatic change to be met in 2030, according to the estimates from Intended Nationally Determined Contributions (INDCs) for adaptation to climate change. Speaking during the Africa Carbon Forum in Kigali, yesterday, Yasser El-Gammal, the World Bank country manager, said the amount is based on countries that have already declared their INDCs, adding that there are few others yet to submit....

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Green Bonds Show Path to $1 Trillion Market for Climate

2016-06-26 14:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Green bonds may help provide the $1 trillion annual investments in clean energy that environmental groups say is necessary to limit the impact of climate change. Its catching on like wildfire, Michael Eckhart, a managing director at Citigroup Inc. and founder of the American Council on Renewable Energy, said today in an interview. Weve reached the Holy Grail, which is the bond market. More than $16.6 billion has already been sold worldwide this year, surpassing last years $14 billion, as...

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