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Merkels taste for coal upset $130 billion green drive

2014-09-22 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: When Germany kicked off its journey toward a system harnessing energy from wind and sun back in 2000, the goal was to protect the environment and build out climate-friendly power generation. More than a decade later, Europes biggest economy is on course to miss its 2020 climate targets and greenhouse-gas emissions from power plants are virtually unchanged. Germany used coal, the dirtiest fuel, to generate 45 percent of its power last year, its highest level since 2007, as Chancellor Angela Merkel...

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New York City to see $10 billion in college construction projects

2014-09-22 15:55:00| American School & University

There will be nearly $10 billion in construction projects by colleges and universities in New York City over a five-year span ending in 2017. read more

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Merck KGaA to buy Sigma-Aldrich for $17 billion

2014-09-22 15:41:54| Biotech - Topix.net

That represents a 37 percent premium over the latest closing price of $102.37 on Sept. 19 and a 36 percent premium to the one-month average closing price, according to Merck.

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Philanthropies including Rockefellers pledge $50 billion fossil fuel divestment

2014-09-22 13:42:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Rockefellers, who made their vast fortune on oil, and other philanthropies and high-wealth individuals on Monday will announce pledges to divest a total of $50 billion from fossil fuel investments. The Global Divest-Invest coalition will announce new pledges and members one day before 120 heads of state address the United Nations on how their countries will contribute to a global effort to halt a dangerous rise in temperatures. Since the divestment movement launched three years ago, some...

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New Research Predicts 2014 CO2 Emissions In Excess 40 Billion Tons

2014-09-22 13:18:00| Climate Ark Climate Change & Global Warming Newsfeed

RedOrbit: Carbon dioxide emissions, which are one of the main contributors to global warming, are expected to reach a record high of 40 billion tons in 2014, according to new Global Carbon Project (GCP) data released this weekend. The GCP, which is co-led in the UK by researchers from the Tyndall Centre for Climate Change Research at the University of East Anglia (UEA) and the College of Engineering, Mathematics and Physical Sciences at the University of Exeter, said that those figures reflect a projected...

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