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Urgent action needed amid fears of 'rising costs of climate change'

2016-07-11 21:01:00| Climate Ark Climate Change & Global Warming Newsfeed

ITV: Urgent action is needed to deal with the already significant risks posed by flooding and heatwaves caused by climate change, government advisers have warned. A new assessment of the risks posed by climate change to the UK has highlighted the threat posed to wildlife, natural systems such as fisheries, as well as bringing new pests and diseases. The report, from the Committee on Climate Change's adaptation sub-committee, has said more action and research is needed by the government in the next...

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OECD warns of rising premature deaths, costs of air pollution

2016-06-09 17:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Outdoor air pollution could cause 6 to 9 million premature deaths and represent an economic cost of around $2.6 trillion a year by 2060 unless action is taken, the Organisation for Economic Co-operation and Development (OECD) said in a report released on Thursday. The OECD examined the economic consequences of air pollution and found that it could cost 1 percent of gross domestic product - or $2.6 trillion a year - by 2060. The economic cost would rise with a surge in related annual healthcare...

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How will rising costs impact Adidas sourcing strategy?

2015-12-11 18:57:00| Daily apparel & textile news and comment - from just-style.com

Expecting a hike of up to $1.8bn in the cost of sourcing its products over the next five years, German sportswear giant Adidas Group is realigning its supply platforms - including an "aggressive ramp-down" in China - and tackling the complexity and efficiency of its manufacturing processes in a bid to meet the challenge.

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Rising Costs a Drag on Nonresidential Construction Sector Outlook

2015-12-07 16:35:00| Electrical Construction & Maintenance

The nonresidential construction sector is experiencing a slowdown as the economic recovery continues to taper. read more

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US oil groups face rising biofuels costs, see higher pump prices

2015-12-04 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: U.S. oil companies will likely pay close to $1 billion this year to put more ethanol and renewables in gasoline and diesel and face even higher compliance costs in 2016 after the U.S. government set targets for alternative fuel use above industry expectations. Higher costs could be passed on to consumers, pushing fuel prices higher and prompting further calls from the oil industry for reductions in the quotas. Companies such as Marathon Petroleum Co and Valero Energy Corp are scrambling to...

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