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Paris Climate Deal Is Great For Solar & Wind, But A $46 Trillion Hit To Fossil Fuels

2015-12-19 05:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Clean Technica: The fossil fuel industry is facing a $US33 trillion ($A45.8 trillion) hit to its expected revenues over the next 20 years, following the dramatic and unexpected result of the Paris climate change conference last weekend. Energy analysts from the UK-based investment bank Barclays said the Paris deal, which aims to cap global warming well below 2°C, with an aspirational target of 1.5°C, will result in a boost to renewable energy, and will cause a rethink from investors about new investments in fossil...

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Airlines expect gradual payout from US-Cuba flight deal

2015-12-19 00:10:57| Airlines - Topix.net

REUTERS: U.S. airlines, set to resume scheduled service to Cuba for the first time in decades, will be allowed just 20 round-trip flights a day to Havana. That compares with some 15 flights by JetBlue Airways Corp alone to nearby Santo Domingo in the Dominican Republic.

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Paris Climate Deal Could Stave Off Disaster, Al Gore Says

2015-12-18 18:36:00| Climate Ark Climate Change & Global Warming Newsfeed

LiveScience: The world may have just turned the corner in the battle against climate change, former U.S. Vice President Al Gore says. The Paris agreement, which 195 nations signed over the weekend, could be the breakthrough that lets humanity avoid a looming climate catastrophe, Gore said here Wednesday (Dec. 16) at the annual fall meeting of the American Geophysical Union. The plan of action laid out by the accord, "while far from ideal, nevertheless sets in motion a process of change that gives us an...

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TerniEnergia Signs Multi-Year Deal with Avanti Communications

2015-12-18 17:16:17| Biotech - Topix.net

Avanti Communications TerniEnergia, an Italy-based renewable energy company, has signed a multi-year contract with Avanti Communications, a leading provider of satellite data communications services in Europe, the Middle East and Africa. TerniEnergia, part of Italeaf Group, is the first Italian smart energy company operating in renewable energy and energy efficiency.

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CP Sends Response to Letter to STB Illinois Delegation Related to Potential Norfolk Deal

2015-12-18 13:56:20| Railroads - Topix.net

I am writing in response to your letter dated December 14th to the Surface Transportation Board expressing concerns about a possible combination between Canadian Pacific and Norfolk Southern . I was surprised to read this letter in the media as it would have been my pleasure to sit down with you and walk through the benefits of our proposal to Illinois and Chicago and to address concerns.

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