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Enterprise Products Prices Billions In Senior Notes

2014-02-07 18:51:00| OGI

Net proceeds will repay debt, including outstanding amounts under revolving credit, the 364-day credit agreement or commercial paper program, the company said. Proceeds will also go toward general purposes, the company said.

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Billions needed fund deforestation prevention plan: report

2014-02-04 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Donor nations, rainforest-rich countries and multilateral institutions will have to spend tens of billions of dollars in the next few years to ensure that nations undergoing deforestation will have incentives to halt the practice, a report released on Monday said. Without the money to buy forest-based emissions reductions, the mechanism known as REDD+ (Reducing Emissions from Deforestation and Degradation) will be largely undermined, restricting incentives to keep trees standing, it said. Deforestation...

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'Polar vortex' costs billions. Open next fuel bill with care

2014-01-24 12:43:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: The polar vortex that swept through much of the United States earlier this month may have cost the economy as much as $5 billion, according to Planalytics, a research firm in Berwyn, Pa., and London that tracks the effect of weather on the economy. In addition to damaged crops, grounded airline flights, disrupted deliveries, and lost work hours, cold weather can also diminish consumer spending and stress household utility budgets. When the weather is colder, people have a tendency not to go...

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