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'Risky Business' report: Climate change inaction cost US billions

2014-06-24 16:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Hill: Former Treasury Secretary Hank Paulson, billionaire Tom Steyer and former New York Mayor Michael Bloomberg warn in a new report that rising sea levels, increasing storm surges and warmer temperatures will cost the U.S. billions if little action is taken to mitigate climate change. Paulson, Steyer and Bloomberg head the climate change initiative Risky Business, which released the report Tuesday. "Climate change is the existential issue of our age -- it is cumulative and irreversible, and its...

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DDR, Blackstone Buy $2 Billion's Worth of Shopping Centers

2014-06-12 20:37:00| National Real Estate Investor

In what will mark one of the largest retail portfolio deals year-to-date, shopping center REIT DDR and private equity firm Blackstone formed a joint venture to buy 76 shopping centers from American Realty Capital Properties, reports Bloomberg. The transaction is valued at approximately $2 billion, including assumed debt. Content Classification:  Curated TrafficCourt read more

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U.N.s Energy Funding Falls Short of Target by Billions

2014-06-10 22:39:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: When the United Nations inaugurated the first-ever global forum on renewable energy last week, it provided a laundry list of financial pledges aimed at achieving one of the world body`s most ambitious goals: sustainable energy for all (SE4ALL) by 2030. The forum specifically focused on the developing world where one out of five people are without access to basic energy: electricity. According to the United Nations, Norway is expected to spend about 330 million dollars for global renewable energy...

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Verizon-Led Deals Cut Billions From Corporate Cash Pile

2014-06-09 09:54:11| IT Services - Topix.net

Cash hoarding is so last year. As U.S. companies cut deals at a faster clip, spending is back in vogue.

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How Weeds Could Help Feed Billions in a Warming World

2014-06-05 14:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: Weeds that resemble knee-high grass grow in planter pots in a small room at a U.S. Department of Agriculture lab just outside Washington, D.C. Light, heat, and carbon dioxide reach the plants at steady levels. For more than a month, the weeds have sustained the same conditions expected to be earths norm 35 years from now -- carbon dioxide levels equivalent to an urban traffic jam, and temperatures tipping into the dangerous zone for the planets health. N. Burgos, University of Arkansas Red rice...

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