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Brent crude oil falls back below $60 as global supply continues to rise
2014-12-19 01:00:00| Offshore Technology
The price of Brent crude dropped below $60 a barrel on Friday as a worldwide abundant supply of oil indicated continued growth, despite more energy firms cutting upstream investments.
China, U.S. Back Global Climate Deal, Vow Slash Emissions
2014-11-12 07:21:00| Climate Ark Climate Change & Global Warming Newsfeed
Environment News Service: The leaders of the world`s two biggest greenhouse gas emitting nations -- China and the United States -- today jointly pledged ambitious actions to limit climate change "for the common good." Emerging from their bilateral meeting during the Asia-Pacific Economic Cooperation forum in Beijing, President Barack Obama and President Xi Jinping said in a joint statement that their countries "have a critical role to play in combating global climate change, one of the greatest threats facing humanity."...
Australia is 'holding back' global climate change fight
2014-11-04 08:59:00| Climate Ark Climate Change & Global Warming Newsfeed
BBC: Australia is a drag on international efforts to tackle climate change, says leading economist and former government adviser Professor Ross Garnaut. Prof Garnaut said the country had failed to make its "fair share" of greenhouse gas cuts. Earlier, Prime Minister Tony Abbott reiterated his position that coal was the foundation of global energy needs. Australia has the world's highest carbon emissions per capita and is its second biggest coal exporter. Prof Garnaut, who teaches at the Australian...
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OECD sees global economy held back
2014-09-15 13:27:12| BBC News | Business | UK Edition
A slow recovery among nations using the euro is holding back the global economy, the Organisation for Economic Co-operation and Development says.
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Global warming takes back seat in Wisconsin
2013-09-27 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Journal Sentinel: Only a few years ago, fighting global warming was a front burner topic among state policy makers. But the issue has been largely ignored in Wisconsin since 2010 with the collapse of legislation that would have required a big shift to renewable power. That's unlikely to change any time soon -- even though the topic will be revisited in a new report Friday. The report by the Intergovernmental Panel on Climate Change, United Nations-sponsored organization, is the first analysis from the international...