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$100 billion climate finance goal 'a very small sum': UN climate chief

2014-12-03 16:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: An international goal of providing $100 billion each year by 2020 to help vulnerable countries adapt to climate change impacts and pursue green growth is far off what is needed to achieve a global clean revolution, the U.N.'s top climate change official said on Wednesday. Christiana Figueres told journalists at U.N. climate talks in Lima that in terms of paying for the efforts needed to shift economies worldwide onto a low-carbon track "$100 billion is frankly a very, very small sum". "We are...

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Repsol seeks partners for $4 billion Canadian LNG export plant: sources

2014-12-02 17:15:37| Oil & Gas - Topix.net

Repsol aims to build the plant with a planned annual capacity of 5 million metric tonnes of liquid natural gas at its Canaport terminal on the east coast of Canada in New Brunswick to meet Europe's growing demands for cheap and dependable gas, one of the sources said on Tuesday. "The idea is to take advantage of the Canaport site to export gas to Europe at a time when it is looking for safer and more competitive supply sources," said the source, adding that Repsol would be a minority partner.

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Oopsie! $1 Billion UN Funds to Fight Climate Change Built Coal Power Plants

2014-12-02 15:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Newsweek: About $1 billion in United Nations funding meant to help developing countries take action against climate change went, unnoticed, towards Japanese companies for the construction of three coal-fired power plants, the Associated Press reported Monday. Coal-burning power plants are the worlds biggest source of atmospheric CO2, a key driver of global warming. U.N. climate chief Christiana Figueres was apparently unaware of where those funds wound up until it was brought to her attention by the...

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Repsol seeks partners for $4 billion Canadian LNG export plant: sources

2014-12-02 13:56:57| Energy - Topix.net

Repsol aims to build the plant with a planned annual capacity of 5 million metric tonnes of liquid natural gas at its Canaport terminal on the east coast of Canada in New Brunswick to meet Europe's growing demands for cheap and dependable gas, one of the sources said on Tuesday. "The idea is to take advantage of the Canaport site to export gas to Europe at a time when it is looking for safer and more competitive supply sources," said the source, adding that Repsol would be a minority partner.

Tags: partners sources export plant

 

Meet The 7 Victoria's Secret Models Who Help Sell $6.6 Billion Worth Of Lingerie

2014-12-02 03:11:38| Apparel - Topix.net

The glitzy event is credited with driving Victoria's Secret's $6.6 billion in annual sales. The show will air Tuesday, December 9 at 10 p.m. EST on CBS.

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