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Norway to match EU on climate goals, easing oil industry fears

2015-02-05 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Norway will match a European Union goal of cutting greenhouse gas emissions at least 40 percent below 1990 levels by 2030 under a government plan announced on Wednesday, easing oil industry fears of tougher unilateral curbs. Norway's target will be part of a U.N. deal, due to be agreed in December in Paris, to limit rising temperatures blamed by a U.N. panel of climate experts for stoking heat waves, desertification, floods and rising seas. "We will negotiate with the EU about entering ... the...

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Fracking fears must be addressed

2015-02-01 23:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Scotsman: SCOTTISH energy minister Fergus Ewings decision to place a moratorium on the granting of new licences permitting shale oil and gas exploration is, from one perspective, an opportunity for all interested parties to voice their support or raise concerns on the future of fracking in Scotland. At first glance this announcement had the potential to cause serious consternation from those who believe fracking will be an important part of the energy mix which keeps the lights on in the UK an approach...

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Greece markets hit by default fears

2015-01-28 14:07:26| BBC News | Business | UK Edition

Greek financial markets were in turmoil on Wednesday with investors fearing the new anti-bailout government was determined to defy its international creditors.

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Stocks down slightly, investors shrug off eurozone fears

2015-01-26 17:39:09| Toys - Topix.net

U.S. stocks edged lower in early trading Monday as investors shrugged off an election victory by a party in Greece opposed to that country's bailout plan. Traders also pored over the latest batch of company earnings.

Tags: slightly stocks investors fears