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Why VWs $10 billion settlement is a good deal for diesel owners

2016-06-29 15:01:52| Extremetech

VW goodwill cash for its 2009 to 2015 TDI diesels will be $5,100 to $10,000. In addition, VW will fix your car free, or buy it back. The buyback amount is for pre-dieselgate value.

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TransCanada Asks $15 Billion for Keystone XL Rejection

2016-06-28 11:57:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: This weekend, TransCanada moved forward with a lawsuit against the United States under the North American Free Trade Agreement, NAFTA, seeking US$15 billion in damages due to President Barack Obama's rejection of the Keystone XL tar sands pipeline. The Keystone XL Pipeline Project was a proposed 1,179-mile (1,897 km), 36-inch-diameter crude oil pipeline, beginning in Hardisty, Alberta, and extending south to Steele City, Nebraska. It was supposed to carry diluted bitumen from the Alberta tar sands...

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UN hikes 2016 humanitarian appeal to record US$21.6 billion after new disasters

2016-06-28 08:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: UN hikes 2016 humanitarian appeal to record US$21.6 billion after new disasters The United Nations has raised its 2016 humanitarian funding appeal to a record US$21.6 billion from US$19.7 billion, partly due to new disasters including a cyclone that battered Fiji and an earthquake that hit Ecuador, as well as the deepening impact of El Nino. The money will go to help 95.4 million people hit hardest by conflicts and natural disasters in 40 countries, although a total of 130 million are in need...

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Volkswagen Agrees to Pay $14.7 Billion to Settle Diesel Scandal Claims in the U.S

2016-06-28 01:13:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Volkswagen has agreed to pay nearly $15 billion to settle claims stemming from its diesel emissions cheating scandal in what would be one of the largest consumer class-action settlements ever in the United States. The proposed settlement, valued at $14.7 billion and involving the federal government and lawyers representing the owners of about 475,000 Volkswagen vehicles, includes just over $10 billion to buy back affected cars at their pre-scandal values, and additional cash compensation for the...

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Indian govt approves 70 billion spectrum auction

2016-06-24 02:00:00| Total Telecom industry news

Call for bidders will be issued once regulator, cabinet finalise spectrum usage charges, according to local press report.

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