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Leave Fossil Fuels Untapped to Prevent Catastrophic Climate Change, Study Urges

2015-01-08 16:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Change Network: The sheer scale of the fossil fuel reserves that will need to be left unexploited for decades if world leaders sign up to a radical climate agreement is revealed in a study by a team of British scientists. It shows that almost all the huge coal reserves in China, Russia and the U.S. should remain unused, along with more than 260 billion barrels of oil reserves in the Middle Eastthe equivalent of Saudi Arabias total oil reserves. The Middle East would also need to leave more than 60 percent of...

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Vast fossil fuel reserves 'must be left in the ground': Study

2015-01-08 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Japan Times: A third of the world`s oil reserves, half of gas reserves and 80 percent of current coal reserves should not be used in the coming decades if global warming is to stay below an agreed 2 degrees Celsius target, scientists said Wednesday. In a study published in the journal Nature, researchers said the vast majority of coal reserves in China, Russia and the United States should stay in the ground, as well as more than 260,000 million barrels of oil reserves in the Middle East, equivalent to all...

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Orlando investor buys former Fossil Inc. headquarters in Richardson

2015-01-06 03:25:53| Jewelry - Topix.net

CNL plans to redo the single-tenant corporate campus and turn it into a multi-tenant building, which is shown in this artist rendering. An Orlando, Fla.-based real estate investor CNL Commercial Real Estate Inc., along with joint venture partner CenterSquare Investment Management, has purchased the former headquarters for Fossil Inc. in Richardson.

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Climate change groups split on fossil fuel divestment

2015-01-05 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Financial Times: High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/5ca02a4c-8792-11e4-bc7c-00144feabdc0.html#ixzz3NxgXUUzX A rift is emerging among investors in some of the worlds biggest energy companies over a global campaign that aims to combat climate change by making fossil fuels as...

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Scotland could be fossil fuel-free by 2030, says report

2015-01-05 10:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A fossil fuel-free Scotland is not only technically achievable but could prove a cheaper and safer option than pursuing fossil fuel-based development, according to a new WWF-backed report. The study by consultancy giant DNV-GL tested the viability of the Scottish governments current policy goal of decarbonising the countrys electricity generation by 2030, setting a target of bringing carbon intensity down from 271 grams of CO2 per kilowatt hour to 50g CO2/kwh. The target is separate to the...

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