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Tag: fossil
Abundant fossil fuels leave clean energy out in the cold
2013-11-07 12:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: In most respects Gazprom's Prirazlomnaya oil platform has little in common with the small drilling rig which stood, for a while, near the English village of Balcombe. The giant Russian structure, pieced together from parts of a disused North Sea oil operation, stands miles offshore in the ice infested waters of the frozen arctic. Cuadrilla's attempt sat amidst a Christmas tree plantation near a brook and a small country lane. But both were instantly seen as something new. The past decade has...
Fossil fuel subsidies killing UK's low-carbon future
2013-11-07 08:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Britain is "shooting itself in the foot" by subsidising its coal, oil and gas industries by $4.2bn (2.6bn) a year even as government reviews the "green levies" on energy bills which support energy efficiency and renewable power, according to a report published on Thursday. The figures from the Overseas Development Institute suggest that Britain is now the world's fifth largest subsidiser of fossil fuels after the US, Russia, Australia and Germany despite commitments to cut carbon emissions and...
Tags: future
fuel
killing
fossil
Fossil fuel subsidies 'are reckless'
2013-11-07 03:51:00| Climate Ark Climate Change & Global Warming Newsfeed
BBC: The world is spending half a trillion dollars on fossil fuel subsidies every year, according to a new report. The Overseas Development Institute (ODI) says rich countries are spending seven times more supporting coal, oil and gas than they are on helping poorer nations fight climate change. Some countries including Egypt, Morocco and Pakistan, have subsidies bigger than the national fiscal deficit. The new report calls on the G20 to phase out the payments by 2020. While there is no globally agreed...
Tags: fuel
fossil
subsidies
reckless
Fossil fuel subsidies costing rich countries $112 per person
2013-11-07 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Average fossil fuel subsidies in the world's richest countries have reached $112 per person, draining national treasuries while undermining international efforts to avert dangerous climate change, according to an influential think tank. The Overseas Development Institute (ODI) will today publish a new report arguing that fossil fuel subsidies are costing the 34 OECD countries between $55bn and $90bn a year, with the highest level of subsidies in Russia, the United States, Australia, Germany and...
Tags: person
countries
rich
fuel
Fossil Sees U.S. Traffic Headwinds, Q4 EPS View Weak...
2013-11-06 23:58:38| Jewelry - Topix.net
The Richardson, Texas-based maker of watches and accessories sees Q4 earnings per share of $2.26-$2.46, below analysts' forecasts for $2.59.
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