je.st
news
Tag: fossil fuel
Fossil fuel subsidies killing UK's low-carbon future
2013-11-07 08:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Britain is "shooting itself in the foot" by subsidising its coal, oil and gas industries by $4.2bn (2.6bn) a year even as government reviews the "green levies" on energy bills which support energy efficiency and renewable power, according to a report published on Thursday. The figures from the Overseas Development Institute suggest that Britain is now the world's fifth largest subsidiser of fossil fuels after the US, Russia, Australia and Germany despite commitments to cut carbon emissions and...
Tags: future
fuel
killing
fossil
Fossil fuel subsidies 'are reckless'
2013-11-07 03:51:00| Climate Ark Climate Change & Global Warming Newsfeed
BBC: The world is spending half a trillion dollars on fossil fuel subsidies every year, according to a new report. The Overseas Development Institute (ODI) says rich countries are spending seven times more supporting coal, oil and gas than they are on helping poorer nations fight climate change. Some countries including Egypt, Morocco and Pakistan, have subsidies bigger than the national fiscal deficit. The new report calls on the G20 to phase out the payments by 2020. While there is no globally agreed...
Tags: fuel
fossil
subsidies
reckless
Fossil fuel subsidies costing rich countries $112 per person
2013-11-07 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Average fossil fuel subsidies in the world's richest countries have reached $112 per person, draining national treasuries while undermining international efforts to avert dangerous climate change, according to an influential think tank. The Overseas Development Institute (ODI) will today publish a new report arguing that fossil fuel subsidies are costing the 34 OECD countries between $55bn and $90bn a year, with the highest level of subsidies in Russia, the United States, Australia, Germany and...
Tags: person
countries
rich
fuel
The Financial Case for Divestment of Fossil Fuel Companies by Endowment Fiduciaries
2013-11-02 12:57:00| Climate Ark Climate Change & Global Warming Newsfeed
Huffington Post: 1. Background. Rising temperatures around the globe are a reality, and so too is the primary cause: Energy-related CO2 emissions caused by human-beings. Long term energy analysis by the highly respected International Energy Agency (IEA) shows the world traveling down an unsustainable track. Very unsustainable. In 2012, CO2 emissions grew by 1.4 percent to a record high. Looking ahead, in its 'business as usual' scenario, the IEA shows energy-related CO2 emissions growing 1/3rd by 2035 and doubling...
Tags: case
companies
financial
fuel
Harvard deals blow to fossil fuel divestment campaign:Wynn
2013-10-31 10:26:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Environmental groups driving the a divestment movement argue that most fossil fuels must not be burned if the world is to avoid the worst effects of climate change - a threat to the value of energy companies which own coal, oil and gas reserves. The movement is trying to repeat the success of a divestment campaign which decades ago pushed South Africa to dismantle the apartheid system. Fossil fuel divestment has gained some traction with U.S. city pension funds, but is running into legal uncertainty...
Sites : [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] [47] [48] next »