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Global warming deal takes shape with latest UN draft

2015-07-27 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A global pact to fight climate change began to take shape after the United Nations published a new draft of a deal that envoys from 195 nations are working to seal at a year-end summit in Paris. The 88-page document is meant to organise the options that negotiators were grappling with at last month's round of discussions in Bonn, Germany. The paper, published last Friday on the website of the UN Framework Convention on Climate Change (UNFCCC), includes a 19-page draft of the deal, slimmed down from...

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Telefonica, DTS fined EUR 15.5 mln for football rights deal

2015-07-27 08:38:00| Telecompaper Headlines

(Telecompaper) Spanish communications and competition regulator CNMC has fined Telefonica and Distribuidora de Television Digital (DTS) a total of EUR 15.5 million on grounds of having colluded in the acquisition, resale and exploitation of football broadcast rights for the 2012-2013 and 2014-2015 seasons. The regulator said the sharing agreements between the companies infringed EU competition laws and that, as a result, Telefonica and DTS would be fined EUR 10 million and EUR 5.5 million, respectively, for two agreements reached in August 2012 for the commercialisation of the channels Canal+ Champions League and Canal+ Liga. In a strongly worded statement, the CNMC said Telefonica was aware of DTS's strategy of marketing Champions League rights to a single telecoms operator before other operators and that DTS drafted the auction conditions to favour Telefonica and limit competition between pay-TV operators. Similarly, with regard to Canal+ Liga, DTS drew up its wholesale offer in such a way that Telefonica knew its strategy and prices in advance, placing the operator it at a competitive advantage over other bidders.

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US companies pledge financial, political support for UN climate deal

2015-07-27 05:40:27| Beverages - Topix.net

Thirteen big name American companies on Monday were to announce US$140 billion in low-carbon investments to lend support to a global climate change deal in Paris in December, the White House said. Workers stand near bottles of Coca-Cola on a newly inaugurated production line at the Cikedokan Plant in Bekasi, West Java near Jakarta March 31, 2015.

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U.S. companies pledge financial, political support for UN climate deal

2015-07-27 04:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Thirteen big name American companies on Monday were to announce $140 billion in low-carbon investments to lend support to a global climate change deal in Paris in December, the White House said. Companies including General Motors (GM.N), Bank of America (BAC.N), Microsoft (MSFT.O) and Coca Cola (KO.N), were to join U.S. Secretary of State John Kerry at the White House to launch the American Business Act on Climate Pledge to support the administration as it tries to secure a climate agreement....

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SkyPower signs $2.2bn deal for solar power developments in Kenya

2015-07-27 01:00:00| Power Technology

The Kenyan Ministry of Energy and Petroleum has signed a $2.2bn agreement with SkyPower for developing 1GW of solar power projects in the country.

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