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Tag: fossil
Fossil fuel subsidies cost ~$2 Trillion annually, according to IMF
2014-05-02 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Clean Technica: Science informs us about the environmental cost of our global fossil fuel habit the IPCC recently reported that CO2 emissions from fossil fuel combustion and industrial processes contributed around 78 per cent of the total increase in greenhouse gas emissions between 1970 and 2010 but what about the economic cost? As has been noted here before, the combined value of global fossil fuel subsidies can be difficult to calculate, with recent estimates ranging from $500 billion to $1.9 trillion....
Fossil fuel subsidies preventing transition low-carbon economy
2014-05-01 16:29:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The massive subsidies given to the production and consumption of fossil fuels must be curbed if the world is to complete a transition to a low-carbon economy, UN experts have warned. Speaking at an event co-organised by the UN Environment Programme (UNEP) in Nairobi on Wednesday, experts claimed that the support given to oil, gas and coal was contributing to fiscal instability and undermining efforts to prevent climate change. The subsidies given to renewable energy have proved controversial...
Tags: economy
transition
fuel
preventing
Fossil Fuel-Free Index Will Help Investors Manage Climate Risks
2014-05-01 13:57:00| Climate Ark Climate Change & Global Warming Newsfeed
Forbes: A new index has been launched that will make it easier for investors to steer their investments away from fossil FOSL -0.22% fuel companies, which contribute to climate change and pollution. The new index series, launched by FTSE Group, BlackRock BLK +0.17% and the Natural Resources Defense Council, will exclude companies linked to exploration, ownership or extraction of carbon-based fossil fuel reserves. The new investment tool will allow climate-conscious investors, including foundations, universities...
Tags: index
manage
risks
climate
Global Fossil Fuels Face A Loss Of $30 Trillion
2014-05-01 08:54:00| Climate Ark Climate Change & Global Warming Newsfeed
Cleans Technica: The global fossil fuel industry faces a loss of $US28 trillion ($A30.2 trillion) in revenues over the next two decades, if the world takes action to address climate change, cleans up pollution and moves to decarbonise the global energy system. The assessment, made by leading European broking house Kepler Chevreux, underlines whats at stake for the fossil fuel industry from a push to cleaner fuels and concerted efforts to reduce emissions, and helps explain the enormous push back from the oil...
SADIF Analytics releases new summary due diligence report for Fossil Group Inc
2014-04-30 22:01:36| Jewelry - Topix.net
Ilhavo, Portugal - SADIF Investment Analytics, announces a new summary due diligence report covering Fossil Group Inc .
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